February 2, 2021/Proshare by CSL Research Recent data on collection of Company Income Taxes (CIT) published by the National Bureau of Statistics (NBS) for the last quarter (Q4) of 2020, showed that total CIT collections for Q4 2020 was N295.7bn, down 18.31% y/y compared with N362.0bn collected in Q4 2019 […]
Updates
AGPC raises US$260m to complete ANOH project and drive energy transition in Nigeria
February 1, 2021/Seplat Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange and the London Stock Exchange, announces that its Incorporated Joint Venture (“IJV”), the ANOH Gas Processing Company (“AGPC”), has successfully raised US$260m in debt to […]
S&P Global affirms AfDB’s AAA rating with stable outlook
In a letter, dated 29 January 2021, S&P Global Ratings noted the Bank’s $115 billion capital increase, approved by its shareholders in October 2019 February 1, 2021/AfDB Ratings agency S&P Global has affirmed its “AAA/A-1+” foreign currency issuer credit rating of the African Development Bank (www.AfDB.org) with a stable outlook. […]
