Updates

Equinix to Expand into Africa with Acquisition of MainOne

Expansion Aims to Enable Organizations to Accelerate Digital Transformation throughout Africa December 7, 2021/Equinix  Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company™, today announced its expansion into AFRICA through its intended acquisition of MainOne, a leading West African data center and connectivity solutions provider, with presence in NIGERIA, GHANA and Côte d’Ivoire. The acquisition is expected to close […]

FSDH Market Wrap- December 7, 2021

Market Wrap  7 December 2021 The Nigerian equity market closed on a positive note today as All Share Index marginally increased by 0.02 percent to close at 42,018.92 points. The market cap of equities listed on the NGX increased to ₦21.925 trillion from ₦21.920 trillion as on the previous day. The total […]

Decent 9M 2021 VAT and CIT numbers

December 7, 2021/CSL Research The National Bureau of Statistics (NBS) published data on the revenue generated from both Value Added Tax (VAT) and Company Income Tax (CIT) collections in Q3 2021. The total VAT collected in Q3 2021 was N500.5bn, a slight decline of 2.3% q/q from N512.3bn in Q2 […]