Fit Row

  ‘30% CGT risks investor flight, double charge’ Nigeria’s proposed 30 per cent Capital Gains Tax on capital market transactions above N150m has ignited intense debate among capital market operators, economists, and investment professionals, many of whom warn that the... Read More →

Brace for anti-tax unrest, NRS tells security agencies The Executive Chairman of the Nigeria Revenue Service, formerly the Federal Inland Revenue Service, Zacch Adedeji, has asked security agencies to be on alert over planned nationwide protests against the new tax... Read More →

Insurance stocks soar as investors favour cheaper equities The Nigerian Exchange witnessed a quiet but notable shift in investor activity on Thursday, as insurance stocks outperformed banking equities, reflecting growing interest from retail investors in low-priced securities. Trading data showed... Read More →

Equity market rebounds with N694bn gain The Nigerian Exchange closed Thursday on a strong note, rebounding with a N694 bn gain after a week of losses as investors returned to the market, driving selective gains across key sectors. The NGX... Read More →

Banks strengthen capital base as CBN tightens controls Deposit Money Banks are shoring up their capital base as the Central Bank of Nigeria intensifies oversight, reinforcing governance, transparency, and risk management to ensure a resilient, stable financial system, OLUWAKEMI ABIMBOLA... Read More →

Benson: N235bn Public Offer Will Boost Industrial Scale Chief Financial Officer, Ellah Lakes, Hewett Benson, in this interview said the company’s N235 billion public offer is a catalyst for structurally stable financial footing and industrial scale. Raheem Akingbolu brings the excerpts: Ellah Lakes is a diversified agro-industrial giant that launched a N235 billion Offer... Read More →

CRMI, SEC train operators in enterprise risk management The Chartered Risk Management Institute of Nigeria has collaborated with the Securities and Exchange Commission to train regulated capital market entities in strengthening enterprise risk management. According to the CRMI, the training... Read More →

CBN FX reforms stabilise economy as oil prices slide The recent slump in global oil prices has rattled several oil-reliant nations, but Nigeria appears to be charting a different course. This time, it is deliberate policy rather than favourable fortune... Read More →

NGX Admits Chams HoldCo’s N3.66bn Shares The Nigerian Exchange Limited (NGX) has admitted Chams Holding Company’s 1,955,910,000 ordinary shares of 50 kobo each at N1.87 per share offered through private placement. The listing, effective November 17, 2025, increases the company’s total... Read More →

Stock Market Depreciates by N310.85bn on Profit-taking in Zenith Bank, Others The  Nigerian  stock market, yesterday depreciated by N310.85 billion over investors  profit-taking in Zenith Bank Plc and 31 others stocks listed on the Nigerian Exchange Limited (NGX). With 0.77per cent decline... Read More →