Quarterly Financial Report

United Capital Plc on Tuesday published its Third Quarter report for the period ended 30 September 2023. Gross Earnings of N17.506 billion was reported for the 9 months period, up by 20.35% from N14.546 billion reported the previous year. The Group reported Profit after tax of N8.47 billion for the period under review, up by 9.76% from […]

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[…]