Fed Govt, Others List N318.52bn Securities On NGX
The Nigerian Exchange (NGX) recorded new listings of about N318.52 billion in the first quarter. The new listings included equities, fixed income, mutual funds and derivatives.
The X-Compliance Report of the NGX, which tracks activities at the stock...
FIRS To Tax Profits From Bonds, Securities
The Federal Inland Revenue Service (FIRS) has announced that it would tax profits accruing from investments in bonds and short-term government securities by companies which would now be categorised as income tax.
This, it said, followed the expiration of...
FMDQ Attracted N411bn Worth Of Securities In 2020
Amid the harsh operating environment, FMDQ Securities Exchange’s activation of market penetration strategy for securities-related services attracted a total of 21 securities valued at about ₦411 billion in 2020.
At the exchange virtual 9th yearly general meeting held...
NSE: Securities Lending Hits N34.76bn
The value of securities lending and borrowing on the Nigerian Stock Exchange (NSE) amounted to a total of 4.14bn units valued at N34.76bn as of April 17, 2020.
According to a report released by the NSE on Thursday, the figure is...
PFAs Invest N7trn In FG Securities, Infrastructure
About N7.40trn of the N9.99tn pension fund assets has been invested in the Federal Government securities by Pension Fund Administrators.
Latest data from the National Pension Commission also showed that the PFAs raised their investment in infrastructure to N40.52bn...
In Nine Months, Investors Staked N178trn On Securities
Investors traded a total of N117.99 trillion securities in the fixed income and currency market between January and September 2019. According to figures released by FMDQ Securities Exchange Plc, N19.20 trillion was transacted in September alone, which...