Updates

IOSCO Publishes Results of Examination of ETF Behavior during COVID-19 Induced Market Stresses

August 12, 2021/IOSCO The Board of the International Organization of Securities Commissions (IOSCO) today published a thematic note that examines the behavior of exchange traded funds (ETFs) during the COVID-19 induced market stresses, drawing on market data and observations gathered over the course of the first half of 2020. The […]

NBS Says Company Income Tax Collection Up +17.42% to N472.07 Bn Year-on-Year in Q2 21

August 11, 2021/NBS Data on Company Income Tax breakdown by sectors for Q2 2021 reflected that the sum of N472.07bn was generated as CIT as against N392.64bn generated in Q1 2021 and N402.03bn generated in Q2 2020 representing 20.23% increase Quarter-on-Quarter and 17.42% increase Year-on-Year. Professional Services generated the highest […]

Augusto & Co Projects Nigeria’s Pension Assets to growth 18% to N20 Trillion in 3 Years

August 11, 2021/Hill+Knowlton Strategies  The Nigerian Pension Industry (‘the Industry’) has evolved from one with predominantly public sector participants running a defined benefit scheme to a mandatory defined contribution system for all government and private sector employees. The 2004 pension reform redefined retirement planning in Nigeria and drove a significant […]