Nigeria government has said that it will be imposing a six per cent tax on turnover on e-commerce businesses provided by non-resident…
Category:
Finance
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In tandem with our outlook yesterday, buying interest in WAPCO (+3.1%), FBNH (+1.8%), and UBN (+3.7%) bolstered performance today as the NGX All-Share Index…
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EconomyFinanceNews
World Bank says more than half of low-income countries are in debt distress or at high risk of it
World Bank has said that more than half of all low-income countries are already in debt distress or at high risk of…
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Bitcoin will take market share away from gold in 2022 as digital assets become more widely adopted, Goldman Sachs analyst Zach Pandl…
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Airtel Africa Plc, has reported the sales of its telecommunications tower assets in Tanzania to SBA Communications Corporation at a gross consideration…
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The domestic equities market commenced the year on a positive note, driven by bargain hunting in BUACEMENT (+7.3%), STANBIC (+5.6%), and ZENITH (+0.6%). Accordingly, the NGX-ASI rose 0.7% to 43,026.23…
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President Muhammadu Buhari has signed the 2022 Appropriation Bill of N17.126 trillion into law. The budget was presented to the President by…
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The Bulls resurfaced on the local bourse to conclude trading for the year on a positive note. Accordingly, the NGX All-Share Index swung 1.1% higher…
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National Assembly has forwarded the 2022 passed appropriation bill to President Muhammad Buhari for assent. This follows the passage of an aggregate…
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EconomyFinanceNews
Electricity, banking, aviation top 2021 consumer complaint chart, FCCPC to shut down illegal money lending outfits
The Federal Competition and Consumer Protection Commission (FCCPC) says electricity has again topped its 2021 consumer related complaints chart just like in…
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Union Bank of Nigeria (UBN) Plc on Thursday announced a proposed divestment of majority shareholding interest in the bank to Titan Trust…
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Today, the domestic equities market lost due to sell pressure on some bellwether banking stocks – ZENITH (-0.8%), ACCESS (-0.6%), and UBA (-0.6%). Accordingly, the…
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National Assembly has passed the Finance Bill 2021in which a capital gain tax of 5 per cent will be imposed on shares…
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The domestic equities market kicked off the week with a bullish performance driven by bargain hunting in DANGCEM (+0.6%), GTCO (+0.8%), and FBNH (+1.2%). Accordingly, NGX…
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African Export-Import Bank (Afreximbank) has received an inaugural international-scale long term issuer rating of A- with a stable outlook from the Japan…