Quarterly Financial Report

United Capital Plc has published its first quarter report for the period ended 31 March 2023. The financial institution achieved growth in its top line and bottom line figures. Gross Earnings of N5.34 billion was reported for the 3 months period, up by 26.87% from N4.21 billion reported same period in 2022. Profit after tax of N2.44 […]

Infinity Trust Mortgage Bank Plc has published its First Quarter report for the period ended 31 March 2023. The Company reported a turnover of N554 million for the 3 months period up by 19.62% from N463 million reported the previous year. Profit after tax of N184.4 million was reported by the Company, up by 7% from N172.3[…]

The National Bureau of Statistics recently reported that Nigeria generated an aggregate of N697.38 billion as Value Added Tax (VAT) in Q4 2022.  This shows a growth rate of 11.51% on a quarter-on-quarter basis from N625.39 billion in Q3 2022. Local payments recorded were N408.12 billion. Foreign VAT Payments were N159.83 billion, while import VAT contributed N129.43[…]