Quarterly Financial Report

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 […]

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[…]