Author: InvestAdvocate

FGN Fiscal Deficit Expands in October 2024

January 2, 2025/CSL Research The Central Bank of Nigeria (CBN) recently released its October 2024 Economic Report, which provides an overview of economic developments across the real, fiscal, financial, and external sectors of the Nigerian economy. In the fiscal space, provisional data for October 2024 revealed a decline in gross […]

Flourmill Bids Farewell to the Exchange after 45 Years

December 31, 2024/CSL Research Yesterday, 30 December 2024, the Nigerian Exchange Limited (NGX), through its Head of Issuer Regulation Department, Godstime Iwenekhai, announced the delisting of Flour Mills of Nigeria Plc (Flourmill) from its Daily Official List. The delisting followed the approval of Flourmill’s application to withdraw its entire issued […]

Mobile Subscriptions Rise Marginally M/M in October 2024

December 31, 2024/CSL Research Industry data from the Nigerian Communications Commission (NCC) reveals a significant year-on-year (y/y) decline in active mobile subscriptions for October 2024. The total number of active subscriptions dropped by 64.59 million, or 29.07%, to 157.60 million in October, down from 222.19 million in October 2023. However, […]