04
SepThe National Bureau of Statistics has reported that the aggregate Company Income Tax (CIT) for Q2 2023 was N1.53 trillion, indicating a growth rate of 226.40% on a quarter-on-quarter basis from N469.01 billion in Q1 2023. Year on year, CIT collections in Q2 2023 increased by 114.28% from Q2 2022. According to NBS, local payments received were […]
04
SepThe Nigerian stock market closed higher last week, driven by gains in Dangote Cement, Seplat, BUA Foods and other 52 stocks that appreciated in their share prices, week to date. The All Share Index and Market capitalization soared by 3.00% to settle at 67,527.19 and N32.8 trillion respectively. Investors gain N1.077 trillion just in one week. An[…]
30
AugThe Nigerian stock market on Tuesday closed on a bullish note with 0.51% growth. Year to date, the market has returned 29.73% with the All Share Index and Market Capitalisation at 66,490.34 points and N36.391 trillion respectively. In a stock market review with the MD/CEO of Global View Capital Limited, Aruna Kebira, the following were discussed: Excerpts: The market[…]
