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United Capital Weekly Pan African Monitor Friday 24-January-2025

January 24, 2025/United Capital Research Anglophone West Africa (WAEMU) Nigeria FG, States, LGCs share N1.424 trillion December 2024 revenue The Federal Government, States, and Local Government Councils have shared a total sum of N1.424tn as revenue for Dec-2024. Compared to the N1.727tn shared for Nov-2024 revenue, there was a decline […]

Tariff Hike Portends Stronger Earnings for Operators

January 23, 2025/CardinalStone Research Following extensive engagements, the Nigerian Communications Commission (NCC) has approved a maximum tariff increase of 50.0% for Mobile Network Operators (MNOs), effective January 20, 2025. This marks the first tariff adjustment since 2013 and is deemed essential by the NCC to support infrastructure investments, drive innovation, […]

NGXASI Dips -0.05% on Losses in Dangote Sugar, NASCON, MTNN

January 23, 2025/InvestmentOne Report The NGXASI declined by 0.05% today to close at 102,788.20pts as the profit taking in MTNN (-0.81%), DANGSUGAR (-6.54%) and NASCON (-5.13%) drove the local equities market into the red. In the fixed income space, the Treasury Bills secondary market traded on a positive note amidst the buying interest […]