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
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...
Investors Lose N340bn On NGX In A Single Day
Trading at the domestic bourse opened the week on a bearish mood with the market capitalisation losing N340 billion in one day, due to drop in Airtel Africa.
Specifically, the market capitalisation, which opened at N20.409 trillion,...
36 Firms Delisted From Stock Market In Five Years
A total of 36 companies have delisted from the Nigerian stock market between May 2016 and May 2021, even as five more are currently undergoing delisting process.
The latest data collated from Nigerian Exchange Limited showed that...
Equities Rebound With N102bn Gain
Nigerian equities rode on the back of renewed bargain-hunting to a significant rebound yesterday, rounding up N102 billion in net capital gains.
Benchmark indices at the Nigerian Exchange (NGX) Limited showed average return of 0.50 per cent yesterday, representing net capital...
Improved Price Gains Spike Capitalisation By N34bn
Price gains in many blue-chip stocks, especially Johnholt and ABC Transport, aided transactions on the Nigerian Exchange Limited (NGX) in sustaining its bulls’ run at the end of yesterday’s transactions, causing market capitalisation to appreciate further by N34...
