Nigerian Listed Companies Remit N3.06 Trillion Ahead of New Tax Regime

In preparation for the new tax regime starting in 2026, 28 companies listed on the Nigerian Exchange Limited (NGX) have paid a significant amount of N3.06 trillion to revenue agencies. This amount represents a 176% increase from the previous year, with Seplat Energy Plc leading in tax payments.

Other notable companies include Ecobank Transnational Incorporated, MTN Nigeria Communications Plc, and Dangote Cement Plc. The tax contributions from these companies play a critical role in the Nigerian economy, especially in sectors like telecommunications, banking, cement, manufacturing, and petroleum.

The tax payments are based on unaudited results released by the NGX.