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CIT Rose by 59.52% Y/Y in Q2 2024

September 10, 2024/CSL Research The latest CIT report from the National Bureau of Statistics (NBS) shows a substantial increase in Company Income Tax collections for Q2 2024. The CIT for this quarter reached N2.47 trillion, marking a 59.52% y/y increase from N1.55 trillion in Q2 2023. This growth is even […]

Intraday Update: Nigerian Stocks Inch Up +0.08%, Buoyed by Blue Chips

September 10, 2024/InvestmentOne Report ASI as at 12.00pm: +0.08% Top Gainers and Losers: RTBRISCOE (+9.93%), CAVERTON (+9.77%), LEARNAFRCA (-9.93%) and UNIVINSURE (-8.11%). Sector Performances: Oil & Gas (+0.51%), Industrial (+0.01%), Consumer Goods (-0.18%) and Banking (-0.60%). Market activity: In today’s trade, total volume declined by 53% while total value increased […]

SEC Charges Seven Public Companies with Violations of Whistleblower Protection Rule

September 9, 2024/US SEC The Securities and Exchange Commission today announced settled charges against seven public companies for using employment, separation, and other agreements that violated rules prohibiting actions to impede whistleblowers from reporting potential misconduct to the SEC. To settle the SEC’s charges, the companies agreed to pay more […]