October 30, 2025/CSL Report Financial Highlights Revenue Performance: Revenue: ₦119.25bn (+33.2% y/y | 9M 2024: ₦89.53bn). Q3 2025 Revenue: ₦42.00bn (+4.9% q/q | Q2 2025: ₦40.02bn). Refreshment Beverages segment grew 46.1% y/y to ₦77.97bn. Confectionery segment increased 43.4% y/y to ₦36.88bn. Domestic sales: ₦114.20bn (+44.8% y/y; 95.8% of total); Export […]
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Policy Shift May Deepen Demand for Long Term Bonds
October 30, 2025/CSL Report Authorities have reiterated the directive to reintroduce a 10% withholding tax (WHT) on short-term securities. The directive is expected to have a mixed impact across different market segments; however, overall demand for short-term instruments may weaken, while yields could experience a modest upward adjustment. With Federal […]
SEC Partners CBN, EFCC To Track, Freeze Illicit Digital Wallets
October 30, 2025/SEC Nigeria The Securities and Exchange Commission (SEC) has announced a collaboration with the Central Bank of Nigeria (CBN) and the Economic and Financial Crimes Commission (EFCC) to track and freeze illicit digital wallets used for money laundering and other financial crimes. The Director-General of the Commission, Dr. […]
