January 24, 2025/InvestmentOne Update ASI as at 12.00pm: +0.15% Top Gainers and Losers: CHELLARAM (+10.00%), PZ (+9.36%), SOVRENINS (-9.40%) and AUSTINLAZ (-9.00%). Sector Performances: Banking (+0.74%), Consumer Goods (+0.08%), Industrial and Oil & Gas. Market activity: In today’s trade, total volume advanced by 129% while total value declined by 53% […]
Author: InvestAdvocate
United Capital Weekly Pan African Monitor Friday 24-January-2025
January 24, 2025/United Capital Research Anglophone West Africa (WAEMU) Nigeria FG, States, LGCs share N1.424 trillion December 2024 revenue The Federal Government, States, and Local Government Councils have shared a total sum of N1.424tn as revenue for Dec-2024. Compared to the N1.727tn shared for Nov-2024 revenue, there was a decline […]
Tariff Hike Portends Stronger Earnings for Operators
January 23, 2025/CardinalStone Research Following extensive engagements, the Nigerian Communications Commission (NCC) has approved a maximum tariff increase of 50.0% for Mobile Network Operators (MNOs), effective January 20, 2025. This marks the first tariff adjustment since 2013 and is deemed essential by the NCC to support infrastructure investments, drive innovation, […]
