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Stock Market Gains N41bn As Trading Volume Rises By 95%

Stock Market Gains N41bn As Trading Volume Rises By 95%   The market capitalisation of equities in the Nigerian Exchange Limited rose by N41.06bn on Thursday as investors’ trading volume jumped by 94.79 per cent. The NGX All-Share index appreciated by 0.19 per cent from 41,051.19 basis...

Banking, Industrial Stocks Drive Gains As Investors Earn N25bn

Banking, Industrial Stocks Drive Gains As Investors Earn N25bn   The Nigerian Exchange Limited equities market gained N25.29bn in capitalisation at the end of trading on Wednesday as the banking and industrial indices rose. The NGX All-Share index and the market capitalisation of stocks both increased by...

Investors Earn N733bn Dividends In Nine Months

Investors Earn N733bn Dividends In Nine Months             Investors have received over N732 billion from dividend payout by 58 companies across 10 sectors listed on Nigerian Exchange Limited (NGX) in nine months. A breakdown of the N732.91 billion dividend paid so far by listed firms on the...

NGX Begins Week With N9bn Loss

NGX Begins Week With N9bn Loss       Trading at the Nigerian Exchange (NGX) Ltd. started the week on Monday with a marginal loss of N9 billion. Specifically, the market capitalization which opened the week at N20.591 trillion shed N9bn or 0.04 percent to close at N20.582tr. Also, the...

FG Considers Reduction In Company Income Tax, Others

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...

With 28 Firms Gain, Stock Market Rises Slightly

With 28 Firms Gain, Stock Market Rises Slightly     The Nigerian stock market rose slightly on Wednesday, paring some of the N340bn loss recorded on Tuesday. The Nigerian Exchange Limited All-Share Index increased by 0.15 per cent to 38,564.7 basis points while the market capitalisation rose to...