FG Considers Reduction In Company Income Tax, Others
The federal government may consider reduction in Company Income Tax (CIT) and other taxes relating to the capital market from 25 per cent to 20 per cent. However, the reduction will be on a case-by-case basis, based...
Govts, Companies Raise N4.6trn From Capital Market In Five Months
Nigerian governments and companies have raised some N4.6 trillion in new capital from the capital market so far this year, already more than 100 per cent above the total capital raising recorded for the whole...
AfDB Offers SEC $400,000 Grant for Capital Market Devt
The African Development Bank (AfDB) Group last Friday signed a $400,000 grant agreement with the Securities and Exchange Commission (SEC) of Nigeria to strengthen securities markets regulation and broaden market instruments.
The funds will go towards strengthening...
Capital Market, Viable Funding Source For SMEs – NSE
The Nigerian Stock Exchange has described the capital market as a viable source of funding for Small and Medium Enterprises, saying it continues to support the growth and development of small businesses in the country.
It said...
Fed Govt Raised N2.36trn From Capital Market In 2020
The Nigerian Stock Exchange has disclosed that the Federal Government of Nigeria raised over N2.36tn from the capital market in 2020.
The Chief Executive Officer of the Nigerian Stock Exchange, Mr Oscar Onyema, stated this at the...
States Borrow N900bn From Capital Market
The Securities and Exchange Commission (SEC), has disclosed that state governments in Nigeria have borrowed not less than N900 billion from the capital market since 1978.
The Director General, SEC, Mr Lamido Yuguda, disclosure this at a webinar organised by...
