March 14, 2023/United Capital Research Last week, the California Department of Financial Protection and Innovation announced the shutdown of Silicon Valley Bank (SVB) (a financial institution that provides banking services to nearly half of the United States (US) venture capital-backed technology and life-science companies). Generally, the bank’s collapse was ascribed […]

March 13, 2023/FBNQuest Today’s chart is drawn from data on company income tax (CIT) produced by the National Bureau of Statistics (NBS) in conjunction with the Federal Inland Revenue Service (FIRS). The data shows that total CIT collections for Q4 ’22 declined by -7% q/q to c.NGN754bn. However, on a […]

Image Credit: Coronation Research March 10, 2023/Coronation Reaction Note The Independent National Electoral Commission (INEC) announced the result of the 2023 presidential elections on Wednesday, 1 March ’23. Bola Ahmed Tinubu of the All-Progressives Congress (APC) won the election, defeating Atiku Abubakar of the Peoples Democratic Party (PDP), Peter Gregory […]