Investors lost N518 billion last Friday at the close of trading sessions in the Nigerian Exchange as bearish sentiment characterized the transactions in most of the listed stocks’ values At the end of the trading session, the market’s All-Share Index (ASI) depreciated by 1.39% to close at 67,324.59 index points compared to the 68,271.14 index […]
Tag: Dangote Cement
Investors’ Bearish Sentiment Dips NGX Cap By N518Bn
Investors’ bearish sentiment dominated trading sessions in the Nigerian Exchange on Friday, thereby causing the local bourse to close the week’s trading with remarkable deprecation in most listed stocks’ values. At the end of the trading session, the All-Share Index (ASI) traded 1.39% lower to close at 67,324.59 index points compared to the 68,271.14 index […]
FIRS Lauds Nigeria’s 2021 Top-Performing Taxpayers On Compliance, Support
The Federal Inland Revenue Service (FIRS) has commended Nigeria’s top-performing taxpayers in the year 2021 them for fulfilling their fiscal obligations and thereby assisted government to meet its social contract with the Nigerian citizens, despite the harsh economic conditions imposed by the COVID-19 pandemic. The revenue agency, in a statement signed by its Executive Chairman, […]
Border Closure Policy: FG Justifies Concession For Dangote Cement, Others
The Federal Government has confirmed granting Dangote, BUA and a gas supply firm special dispensation to export from the land border. Making this clarification during a media chat on the export trade channel concession granted the three beneficiary companies, the Nigerian Customs Service (NCS) spokesperson, DC Joseph Attah, explained that these three firms were exempted […]