NGX Sees Surge in Foreign Transactions, Hits N118.9bn   Foreign portfolio transactions on the Nigerian Exchange Limited (NGX) surged to N118.9bn in May 2025, representing an increase of 88.54 per cent compared to N63.07bn recorded in April 2025. The rise in foreign inflows, equivalent to about $74.97m...

Banks to Collect Stamp Duty on Foreign Transactions   Banks are set to charge customers stamp duty on old foreign transactions between January 2021 to December 2023 by January 31, 2024. This is according to a directive from the Federal Inland Revenue Service. Access Bank disclosed this...

Foreign Transactions On NGX Drop By 53%   The transactions done by foreign investors on the Nigerian Exchange Limited (NGX) decreased by 53.16 per cent from N19.62bn (about $42.51m) to N9.19bn (about $19.94m) between February and March 2023. This was disclosed in the March edition of the...