December 22, 2022/InvestmentOne Update ASI as at 12.00pm: +0.01% Market movers: FBNH (+2.70%) and FIDELITYBK (+1.14%). Top Gainers and Losers: JBERGER (+9.91%), JAPAULGOLD (+7.69%), UPDCREIT (-6.45%) and WAPIC (-5.00%). Sector Performances:, Oil and Gas (+0.02%), Banking (-0.45%), Consumer Goods and Industrial. Market activity: In today’s trade, total volume increased by […]
Updates
VAT Collections Expands 25.0% Y/Y to N625.4Bn in Q3-2022
December 22, 2022/United Capital Research The National Bureau of Statistics (NBS) released the Value Added Tax (VAT) Q3-2022 report, revealing that the VAT collected in Q3-2022 totalled N625.4bn, a 25.0% y/y and 4.2% q/q increase. In the period under review, Local Non-import VAT (+24.5% y/y) printed at N367.9bn, accounting for […]
Nigeria’s Inflation Remain Upbeat Tenth Consecutive Month
December 21, 2022/InvestmentOne Update Please click to download our November 2022 Inflation Update The recently released Consumer Price Index (CPI) report by the National Bureau of Statistics (NBS) revealed Nigeria’s inflation remained upbeat for the tenth consecutive month. According to the report, headline inflation advanced by 38bps to 21.47% y/y […]
