Proceeds of the bond issue will be invested in critical sectors of the Nigerian economy approved by the President on the recommendation of the Minister of Finance September 11, 2024/AFC Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, today announced the issuance of an inaugural domestic dollar bond […]
Author: InvestAdvocate
The Manufacturing Sector Continues to Grapple with Economic Challenges
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 […]
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 […]
