Nigerian tax residents are taxed on all income sourced from Nigeria, and all worldwide income. Tax rates in Nigeria are graduated across income bands, ranging from 7-24%. Income thresholds are as follows: Up to 300,000 naira: 7%. Up to 600,000 naira: 11%. Up to 1,110,000 naira: 15%. Up to 1,600,000 naira: 19%.