September 11, 2024/CSL Research In the Q2 2024 Nigeria GDP report, the manufacturing sector’s performance remained relatively weak. According to the National Bureau of Statistics (NBS), the manufacturing sector in real term grew by 1.28% y/y in the second quarter of 2024, a decline compared to its growth rate of […]
Author: InvestAdvocate
NBS Reports a Quarter-on-Quarter Increase in CIT Receipts
September 11, 2024/NBS In the second quarter of 2024, the National Bureau of Statistics reported that the federation’s account received almost N2.5 trillion in company income tax (CIT) receipts. This represented a significant increase compared to the N984bn and N1.5trn collected in Q1 2024 and Q2 2023, respectively. For the […]
SEC Obtains Emergency Relief Against Wyoming Entity Charged with Fraud
September 10, 2024/US SEC The Securities and Exchange Commission today announced that it obtained a temporary asset freeze, restraining order, and other emergency relief against AmeriStar, LLC and three relief defendants in connection with an alleged scheme through which AmeriStar made false statements about the safety of its investments and […]
