Wednesday, January 29, 2020 FG recorded N4.62tn fiscal deficit in 2019 — CBN The Federal Government recorded a fiscal deficit of N4.62tn in its operations in the 2019 fiscal period, figures obtained from the Central Bank of Nigeria have revealed…..read more. Regulators undecided about Coronavirus surveillance at Nigerian seaports As coronavirus spreads like…Details
Airtel Africa 9 months results: Revenue growth, stable OPEX, reducing leverage, EBITDA expansion…recipe for true value.
“Our financial performance in Q3 was strong as we delivered double-digit revenue growth in both reported and constant currency. Revenue growth accelerated in Q3 to 14.2% as a result of improved performance in the Rest of Africa, supported by solid results in Nigeria and East Africa. This is now the eighth consecutive quarter that we…Details
Tuesday, January 28, 2020 Discos to reflect 7.5% VAT on transactions Feb 1 There are indications that power distribution firms across the country plan to reflect the new Value Added Tax of 7.5 percent on all their transactions from February 1, as announced by the Federal Government….read more. Stockbrokers jittery about…Details
The Monetary Policy Committee (MPC) held its 271st meeting on the 23rd and 24th of January, 2020. The Committee noted the current environment of sluggish global economic recovery and financial market vulnerabilities, and tepid domestic growth. Highlights of the Committee’s decision: The Committee by a decision of 9 members, voted to alter the Cash Reserve…Details