October 22, 2024/CSL Research UBA’s 9M 2024 unaudited numbers showed a strong 170.0% y/y growth in Interest Income to N1,798.9bn driven mainly by growth in Interest Income on Investment Securities and loans. Q/q, Interest Income was up 41.3% in Q3 2024 compared with Q2 2024. Net Loans to customers grew […]
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Telecom Stakeholders Reject Reintroduction of 5% Excise Duty
October 22, 2024/CSL Research According to a report by Punch newspaper, telecommunications stakeholders in Nigeria have strongly opposed the Federal Government’s move to reintroduce a 5% excise duty on telecom services. This proposed tax reform is outlined in a new bill titled “A Bill for an Act to Repeal Certain […]
Media Audit Reveals Flutterwave and MTN Nigeria Lead in Visibility Despite Nigeria’s Economic Struggles
October 22, 2024/P+Measurement Services Despite Nigeria’s prevailing economic difficulties, including heightened inflation and increasing operational costs, the fintech, telecommunications, and ride-hailing industries have maintained a robust media presence and public awareness footprint. This sustained success is attributed to strategic media relations, effective marketing campaigns, and the impressive data shared with […]
