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FG Loses 50% Vehicle Import Duty, Levies To Smugglers – Report

FG Loses 50% Vehicle Import Duty, Levies To Smugglers – Report         The federal government is losing billions of naira in duties payable on imported vehicles as 50 per cent of such vehicles in Nigeria reportedly come in illegally through closed borders, it has been revealed. An...

Stock Investors Gained N420bn In April

Stock Investors Gained N420bn In April       Investors in the Nigerian stock market gained N420bn in April as listed companies began releasing their earnings reports for the first quarter of the year. The market capitalisation of equities rose to N20.85tn as of April 30 from N20.43tn at...

Stock Market Extends Weekly Gains By N390bn

Stock Market Extends Weekly Gains By N390bn         Transactions on the Nigerian stock market last week sustained positive sentiment as the All-Share Index and market capitalisation appreciated by 2.19 per cent to close the week at 34,885.51 and N18.23tn respectively. Similarly, all other indices finished higher, with...