May 3, 2024/CSL Research In Q1 2024, cement players witnessed significant topline growth, with a y/y increase of 84.54% to N1.12 trillion compared to N604.90 billion in Q1 2023. The robust revenue growth was primarily driven by both price and volume increases. Specifically, Dangote Cement, the leading cement manufacturer in […]
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NCC Data Shows Active Mobile Lines Declined -0.30% MoM to 219.3Million in March 2024
May 2, 2024/FBNQuest Research Recent data from the Nigerian Communications Commission (NCC) shows that active mobile lines decreased by a modest 630k or (-0.3% m/m) to 219.3 million in Mar ’24. This follows a slight increase of +0.7% m/m registered in the previous month. The monthly reduction in mobile lines […]
NDIC Reviews Upwards Maximum Deposit Insurance Coverage Level to N5m from 500K
Image Credit: NDIC May 2, 2024/NDIC ADDRESS OF THE MD/CE NIGERIA DEPOSIT INSURANCE CORPORATION (NDIC) MR BELLO HASSAN AT THE PRESS CONFERENCE ON THE REVIEW OF THE MAXIMUM DEPOSIT INSURANCE COVERAGE LEVEL, THURSDAY 2ND MAY 2024 My Executive Directors and other members of staff of the NDIC, Ladies and gentlemen […]
