September 10, 2024/Cordros Report The Nigerian National Petroleum Company Limited (NNPCL) effectively increased the base pump price of Premium Motor Spirit (PMS) by 47.4% to NGN855.00/litre on 3 September, up from NGN568.00/litre. This price adjustment follows a period of acute PMS scarcity and NNPC’s acknowledgement of substantial debt owed to […]
OPINION/EDITORIAL
African Companies Must Recognise Strategic M&A as the Most Viable Exit Strategy, Says Investment Bank CEO
Founders can prepare diligently for M&A exits by identifying the right pools of buyers, stress-testing business plans and clearly defining value propositions September 10, 2024/DAI Magister Impacted by global economic issues and geopolitical tensions, African companies have faced a challenging 12 months in terms of VC-backed activity. However, for any […]
CIT Rose by 59.52% Y/Y in Q2 2024
September 10, 2024/CSL Research The latest CIT report from the National Bureau of Statistics (NBS) shows a substantial increase in Company Income Tax collections for Q2 2024. The CIT for this quarter reached N2.47 trillion, marking a 59.52% y/y increase from N1.55 trillion in Q2 2023. This growth is even […]
