Quarterly Financial Report

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[…]

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[…]