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Nigerian Equities Net N2.35trn Gain In November

Nigerian Equities Net N2.35trn Gain In November         Investors in Nigerian equities recorded their biggest gain in recent months in November as sustained bargain-hunting saw the market closing with a net capital gain of N2.35 trillion, about 22 per cent above N1.93 trillion recorded as net...

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...

NSE Gains N144bn On Blue-chip Firms

NSE Gains N144bn On Blue-chip Firms           Equity trading on the floor of the Nigerian Stock Exchange (NSE) on Tuesday closed on a positive note with a gain of N132bn as the bulls recaptured trading activities after three days’ downturn. The market performance indices, NSE All-Share Index,...

Income Tax Revenue Lags Behind Fed Govt Projections

Income Tax Revenue Lags Behind Fed Govt Projections         Amidst various pressures on the Federal Government’s finances and 2020 budget’s revenue estimates, an indication has emerged that the government has already recorded a 25.3 per cent shortfall in Company Income Tax, CIT, in the first six...

Stock Market Ends Weekly Gains, Investors Lose N470bn

Stock Market Ends Weekly Gains, Investors Lose N470bn       Activities on the floor of the Nigerian Stock Exchange closed on a negative note last week as the All-Share Index and market capitalisation depreciated by 2.57 per cent to close the week at 34,136.82 and N17.84tn respectively. Similarly,...

Stock Market Down By N91bn On Profit-taking

Stock Market Down By N91bn On Profit-taking         The Nigerian equity market, on Thursday, returned to negative territory as investors continued to take profits to increase capital gains. The Nigerian Stock Exchange All-Share Index declined by 0.50 per cent as bargain hunters took profits from gains recorded...