August 11, 2023/CSL Research According to the Nigerian Communications Commission (NCC), in its newly released 2022 subscriber/network data annual report, telecommunications operators in the country recorded growth in revenue in 2022. According to the report, the total revenue of telecom companies for the year was N3.8 trillion, an 18.7% increase […]
Updates
United Capital Weekly Pan African Monitor Friday 11-Aug-23
August 11, 2023/United Capital Anglophone West Africa Nigeria FG-Siemens 11,000MW project for completion 2030. The completion date of the 11,000 megawatts power project signed between the Federal Government and German-based Siemens has been shifted to 2030, according to reports. Read More Border closure threatens $226m Nigeria-Niger trade. The Nigerian-Nigerien trade […]
Visible Increase in July FAAC Payout
August 11, 2023/Coronation Research The latest gross monthly distribution by the Federation Account Allocation Committee (FAAC) to the three tiers of government and public agencies amounted to N907.05bn in July ’23 (from June revenue). This shows an increase of 15.4% or N120.9bn from the previous payout, and it can be […]
