As investors await the outcome of the next Monetary Policy Committee (MPC) meeting, amid fear of possible adjustment in rate, sentiments turned bearish as profit-taking dominated market...
17 Aug 2020
After slipping into recession in 2016, growth in Nigeria’s gross domestic product (GDP) returned, but remained below population expansion. No sooner did the economy begin to show signs of recovery than the country confirmed the first case of coronavirus disease
25 Jun 2020
The Nigerian equities market extended its current losing streak to the fifth consecutive trading session, yesterday, as sell-offs in 22 stocks dragged the index further by 0.38 per cent.
26 May 2020
To spur stock market rebound post-COVID-19, experts have called for the removal of Value Added Tax (VAT), and stamp duty on capital market transactions.
4 May 2020
The Federal Inland Revenue Service (FIRS), is currently implementing small businesses-friendly tax policy that temporary exempts operators with annual turnover of N25 million and below from charging Valued Added Tax (VAT), while deploying technology to ensure continued quality service delivery
20 Apr 2020
Despite one day public holiday declared by the Federal government last week Monday to mark the Easter celebration, in addition to consensus that the nation’s economy is heading...
10 Mar 2020
Amid fears of persistent decline in global oil prices and rising cases of COVID-19, the equities market recorded the highest decline since 12th September 2019 yesterday, causing market capitalisation to depreciate further by N329 billion.
10 Feb 2020
Capital market, globally, is one of the most important platforms for financial deals, particularly, in raising capital for economic activities in developed nations.
20 Jan 2020
Sentiments on the Nigerian equities remained positive as investors continued to chase the inflation adjusted earnings in the face of declining fixed income yields.
6 Jan 2020
Buying interest in the shares of some bluechip stocks drove the local bourse northward for four consecutive days last week, sustaining the positive trend since the beginning of the week.
30 Dec 2019
The equities market continued its lackluster performance at the close of transactions last week over sustained risk-off sentiments and the absence of market catalysts.
18 Dec 2019
The bears upstaged the bulls at the end of yesterday’s transactions on the equities sector of the Nigeria Stock Exchange (NSE), causing the All Share Index (ASI) to depreciate by 0.13 percent.