NSE: Trading defies December inflation figure, index up 0.90 per cent
The index rose by 265.39 points or 0.90 per cent to close at 29,618.52 against 29,353.13 achieved on Thursday.
Accountant-General wrong, new VAT rate commences February 1 – Minister
On Monday, President Muhammadu Buhari signed the Finance Act which reviewed the VAT rate from 5 to 7.5 per cent.
NSE: Indices rebound by one per cent amid interest in high capitalised stocks
The market capitalisation of listed equities grew by N150 billion to close at N15.142 trillion against N14.992 trillion posted on Wednesday.
ECO crisis deepens as Nigeria, other English-speaking countries condemn French-speaking counterparts
The six countries issued the condemnation at the end of an extraordinary meeting of their ministers of finance and governors of their central banks on Thursday.
Why mining must remain on the exclusive legislative list – Nigerian govt
Mr Adegbite said the federal government is reaching out to the states to create a win-win situation.
SPECIAL REPORT: How introduction of N50 charge on POS transaction threatens Financial Inclusion
“We usually charge N100 – N150 on N5000 before, but we have added N50 to it, so we collect N200. Do not forget that POS charge too is there. It is becoming challenging.”
Nigerian firm removed from UK listing after being ‘scammed’ of $600,000
The company said it “will be contacting the relevant authorities across a number of jurisdictions without delay” to report “what appears to be an attempt to defraud” the company.
Nigeria’s new VAT rate kicked off Monday – Accountant General
“Every payment, which for one reason or another could not be made before the coming into effect of the Finance Act, will now suffer 7.5 per cent charge for VAT.”
Reps call Buhari’s transfer of NBET to finance ministry illegal, unconstitutional
Reps say only constitutional amendments can make such reshuffling stand.
ECO Controversy: Nigeria, six other English-speaking ECOWAS nations hold crucial meeting
The official said Nigeria had decided not to make any statement that would be “misinterpreted or misunderstood”.
MTNN appreciates further on NSE amid revenue tax reprieve
NSE resumed trading for the week still on a bullish trend following investors’ interest in MTN Nigeria Communication due to the tax debt reprieve.
Saudi Energy Minister: We want sustainable oil prices
On January 3, OPEC predicted that oil prices in 2020 will recover smartly from late 2019 levels.
INTERVIEW: 60% of NEXIM’s strategic plan is to promote intra-African trade – MD
“Through our bank’s intervention, one of the companies we funded did the first major export of shea butter out of Nigeria in 2018.”
NSE market capitalisation gains N2.22 trillion in seven days
Ambrose Omordion, the Chief Operating Officer, InvestData Ltd, attributed the growth to activities of investors who anticipate higher dividend yields.
PROFILE: Garba Abubakar, lawyer and ex-special adviser, heads Corporate Affairs Commission
The new Registrar General, who already assumed duties, is from Bauchi State.
Trading moderates on NSE, indices appreciate marginally by 0.07 per cent
The market capitalisation of listed equities improved by N10 billion to N15.174 trillion from N15.164 trillion reported on Thursday.
BUA Cement lists 33.86bn shares on NSE, emerges third largest listed company
The listing of BUA’s shares on Thursday added N1.18 trillion to the NSE market capitalisation.