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 Extends Downturn By N278bn
Transactions in the Nigerian equity market on Tuesday closed on a negative note as losing streak extended to the third consecutive trading day, following sustained profit-taking.
However, the market breadth closed negative, recording 17 gainers and 30 losers.
The All-Share Index...
Equity Market Begins New Week With N42bn Gain
Nigerian equity market on Monday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation rose further by 0.28 per cent.
The market breath closed positive with 27 gainers against 15 decliners.
Consequently, the All-Share...
Stock: Investors Lose N113bn As #EndSARS Crisis Deepens
The Nigerian bourse on Wednesday closed lower to reverse the previous day’s gain as bears regained their grip following fear of insecurity arising from #EndSARS protest that degenerated into mayhem across the country.
Hoodlums had set some key...
Stock Market Gains N4bn On Blue-chip Firms
The Nigerian equity market on Tuesday returned to the green territory following gains recorded by some blue-chip firms despite the #EndSARS protests that are ravaging the country.
The market breadth equally closed positive, recording 23 gainers against 17 losers...
#EndSARS: Equity Market Closes On Flat Note As Protest Deepens
Equities market closed on Monday on a flat note as #EndSARS protests dented market sentiment.
Consequently, the All-Share Index depreciated by 0.14 basis points to close at 28,658.31 index points as against 28,658.45 recorded last Friday’s...