December 23, 2024/FBNQuest Research According to the most recent data from the National Bureau of Statistics (NBS) on company income tax (CIT), the total CIT receipts into the federation’s account declined by -28% quarter-on-quarter (QoQ) to N1.8trn in Q3 2024. However, on a year-on-year (YoY) basis, the total tax collection […]
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Airtel Announces Second $100 Million Share Buyback Programme
December 23, 2024/NGX Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, announces the commencement of a second share buyback programme that will return up to $100 million to shareholders. The share buyback reflects the Board’s confidence in the Company’s […]
NGXASI Gains +0.22%, Buoyed by Bellwether Counters
December 23, 2024/InvestmentOne Report The NGXASI rose by 0.22% today to close at 101,356.15pts, as buying interest in TRANSCORP (+4.77%), GTCO (+3.07%) and MTNN (+1.42%) drove the Nigerian equities market into the green. In the fixed income space, the Treasury Bills secondary market closed on a positive note today, on the back of […]
