Economy & Market
-
46No New Tax, Just Compliance –FIRS Explains 10% Levy on Treasury Bills
This clarification follows public reactions to a recent directive instructing banks, stockbrokers, and other financial institutions to deduct 10 per cent withholding...
-
114Stock Market on a Downward Spiral as ASI Down 0.7%
EQUITIES The bears continued to dominate the local bourse, with the NGX ASI closing lower for the third consecutive trading session. Today’s...
-
127CBN Dismisses Reports of FX Abuse in Oil Sector
The Central Bank of Nigeria (CBN) has dismissed recent media reports suggesting the misapplication of foreign exchange (forex) in the oil and...
-
130Bears Hold Sway as ASI Down 0.1%
EQUITIES The domestic equities market closed today’s session on a negative note as sell pressures on ZENITHBANK (-3.2%), WAPCO (-1.7%), UBA (-1.5%)...
-
137FIRS: Reforms Reshaped Tax Ecosystem
The tax reforms leading to amendments to the tax laws including the Finance Acts, the Petroleum Industry Act, and various subsidiary legislations,...
-
110FATF Delisting to Boost Foreign Investments in Nigeria –Agama
The Director-General of the Securities and Exchange Commission, Emomotimi Agama, has hailed Nigeria’s removal from the Financial Action Task Force grey list,...
-
99Bureau De Change Operators Decry Dollar Scarcity Amid CBN Reforms
The President of the Association of Bureau De Change Operators of Nigeria, Aminu Gwadebe, has raised concerns about the hardship that BDC...
-
107Banking Stocks Lead NGX to Bearish Start as ASI Down 0.1%
EQUITIES The domestic equities market started the week on a negative note, as losses in banking names such as UBA (-4.3%), GTCO (-2.0%),...
-
98Economic Recovery Has Begun –Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has assured Nigerians that the country’s economy has turned the...
-
41Adedeji: FIRS Collected ₦22.59tn in 9 Months, ₦47.39tn in 2 Years
Chairman, Federal Inland Revenue Service (FIRS), Zacch Adedeji, said the service had achieved significant revenue improvements, as tax collections reached N22.59 trillion...
