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Fed Govt Records 17.3% Shortfall In Companies’ Income Tax

Fed Govt Records 17.3% Shortfall In Companies’ Income Tax         Against the backdrop of pressures on the Federal Government’s finances and 2020 budget revenue estimates, an indication has emerged that the government may have already recorded a shortfall of 17.3 per cent in the Company Income...

Stock Investors Gain N375bn As Market Cap Hits N20.28trn

Stock Investors Gain N375bn As Market Cap Hits N20.28trn         Transactions in the equities market, on Wednesday, sustained bullish rally as the Nigerian Stock Market All-Share Index appreciated by 2.40 per cent. The market breadth closed positive with 26 gainers against seven losers. The ASI grew by 910.13...

Stock Market Sustain Positive Sentiment With N140bn Gain

Stock Market Sustain Positive Sentiment With N140bn Gain       Nigerian stocks, on Wednesday, sustained its positive outlook for the third day as the All-Share Index and market capitalisation rose further by 0.76 per cent each. Market watchers attributed the development to renewed confidence as bargain hunters continued...

Stock Market Extends Gain With N199bn

Stock Market Extends Gain With N199bn       Trading activities on the equity market, on Tuesday, closed on a positive note as the Nigerian Stock Exchange All-Share Index appreciated by 1.09 per cent. The market breadth closed positive with 29 gainers against 14 losers. The All-Share Index gained 381.78...

Eight Banks Earn N26.73bn From International Trade Transactions

Eight Banks Earn N26.73bn From International Trade Transactions         Eight Nigerian banks have earned a total of N26.73bn from commissions charged on Letters of Credit issued for international trade transactions from January to September. Analysis of the third-quarter financial reports of the eight banks indicated that this...

Stock Market Ends Five-day Loss With N310bn Gain

Stock Market Ends Five-day Loss With N310bn Gain         Nigerian equity market, on Monday, reversed some of the losses it recorded during the last five consecutive trading days. The market breadth closed on a positive note with 26 gainers against 14 decliners The All-Share Index grew by 592.7...