The study was carried out to comparatively analyze the value added tax and company income tax revenue of two sectors (industrial goods sector and deposit money banks sector) in Nigeria. This study employed an ex-post facto research design. This study’s population comprised 10 firms listed under the industrial goods sector (5), and banking sector (5). A sample size of twenty-four (24) was obtained using purposive and random sampling techniques. This study made use of secondary data that were collected from the annual reports and accounts of the sampled firms, covering a ten-year period from 2013 to 2022. The hypotheses were tested using the one Sample t-test, facilitated by the Statistical Package for Social Sciences (SPSS) Version 20. The study found that the value added tax revenue of deposit money banks sector is significantly greater than the VAT revenue of industrial goods sector of Nigeria. Another finding was that the company income tax revenue of deposit money banks sector is significantly greater than the CIT revenue of industrial goods sector of Nigeria. The study recommended that recognizing the substantial company income tax revenue generated by the deposit money banks sector compared to the industrial goods sector, policymakers could consider reviewing and potentially expanding the scope of tax on financial services. However, careful consideration should be given to striking a balance that encourages economic growth while ensuring a fair contribution from the industrial goods sector to public revenue