The Nigerian stock market last week declined occasioned by profit taking in Dangote Cement, MTN Nigeria and other 38 stocks. The All Share Index and Market capitalization declined by 0.11% to settle at 67,324.59 points and N36.847 trillion respectively. An aggregate of 3.9 billion units of shares were traded in 38,536 deals, valued at N30.379 billion. The […]
The 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[…]
Caverton Offshore support group on August 1st, 2023 published its first half report for the period ended 30 June 2023. The result shows year on year marginal decline 4.84% in the company’s top line to settle at N13.285 billion from N13.960 billion recorded same period last year. Profit after tax for the period under review is reported[…]