Recurrent vs. Capital Expenditure: Is Nigeria Spending Enough on Development?
Introduction Budget allocation is a critical indicator of a government’s priorities, and in Nigeria’s case, the balance between recurrent and capital expenditures has long been a focal point of fiscal…
Nigeria’s 2025 Budget Deficit: Can Eurobonds Bridge the Gap?
Introduction Nigeria is poised to present an ambitious fiscal plan for 2025, with President Bola Tinubu scheduled to unveil the proposed budget to the National Assembly on December 17, 2024.…
Unlocking Nigeria’s Stock Market Potential: A Global Hidden Gem
The Nigerian stock market, represented by the NGX All-Share Index (ASI), has consistently delivered remarkable growth, often outperforming global benchmarks. Yet, it remains underappreciated on the global stage. This article…
Insider Purchase Signals Strong Confidence in United Capital Plc’s Growth Prospects
LAGOS, DECEMBER 11, 2024 In a significant show of confidence in United Capital Plc, Folahan Ezekiel Adekunle, the company’s Head of Trust Finance, has acquired 200,000 shares at a price…
Seplat Energy Completes Transformative MPNU Acquisition, Doubles Production Capacity, and Caps Off Strong Year of Performance
📢 Lagos and London, 12 December 2024 Seplat Energy Plc, Nigeria’s foremost indigenous energy company, has reached a significant milestone with the completion of its acquisition of Mobil Producing Nigeria…
NGX All-Share Index Approaches Record High Amid Positive Momentum
The NGX All-Share Index (ASI) continued its impressive climb today, closing 250.9 points higher, an increase of 0.25%, at 98,760.6. This marks the third consecutive session of gains, as the…
The Impact of Centralized Taxation and Corporate Tax Reductions on the Nigerian Economy
In an ambitious move to reform Nigeria’s tax system, the Federal Government is proposing significant changes to centralize tax administration and reduce corporate tax rates. These changes are part of…
Austin Laz & Co Plc to Hold Second Annual General Meeting on December 12, 2024
Benin City, Edo State — December 10, 2024 Austin Laz & Co Plc is set to hold its Second Annual General Meeting (AGM) on December 12, 2024, at the Bishop…
VFD Group Plc: Q1 2025 Earnings Forecast Overview
Key Highlights from Income Statement Forecast (as of March 31, 2025) 1. Gross Earnings: 2. Investment Income and Expenses: 3. Other Income: 4. Operating Income After Impairment Charges: 5. Operating…
Aradel Holdings Plc Acquires Minority Equity Stake in Chappal Energies
Lagos, Nigeria, December 10, 2024 Aradel Holdings Plc, a leading independent energy company in Nigeria, has announced the acquisition of a 5.14% equity stake in Chappal Energies Mauritius Limited (“Chappal”).…