Quarterly Financial Report

The stock market last week received Q4 earnings of quite a number of equities. The market eventually closed the week on a positive note with 0.12% growth WtD. Year to date, the market has returned 2.74% with the All Share Index and Market Capitalisation at 52,657.88 points and N28.681 trillion respectively. As at last week, the following […]

The Nigerian stock market started the year 2023 with a positive vibration, although it closed the week with a marginal loss of 0.06%. Year to date, the market has returned -0.06% with the All Share Index and Market Capitalisation at 51,222.34 points and N27.899 trillion respectively.Prices of stocks few number of stocks have started looking up, although[…]

Recent report published by the National Bureau of Statistics has revealed that Company Income Tax (CIT) for Q3 2022 was reported at N810.19 billion, indicating a growth rate of 13.41% on a quarter-on-quarter basis from N714.40 billion in Q2 2022. Local payments received were N483.17 billion, while Foreign CIT Payment contributed N327.02 billion in Q3 2022. On[…]