Browsing Tag

Shares

Finance Act: Investors to pay 10% tax on sale of shares


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Investors on the Nigerian Stock Exchange are to pay a Capital Gains Tax of 10% on the sale of shares according to provisions of the signed Finance Act 2021. The tax is applicable on the disposal of shares worth N100 million and above.…

NGX: Market Capitalization appreciates by N112 million


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Transactions on the Nigerian Exchange (NGX) took a positive turn on Tuesday as the market capitalization appreciated by N112 million to close at N22,672 trillion, compared with N22,560 trillion recorded on Monday.…

Nigerian Exchange opens trading with 0.05% loss


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The benchmark index of equities on the Nigerian Exchange (NGX) ended on a negative note on the first trading day of the week as the index shed 0.05% or 22.67 points to close at 43,230.34 points. The market capitalization also…

NGX ends week’s trading on negative note


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The Nigerian Exchange (NGX) ended equities trading on a negative note on Friday, as the All-Share Index declined further by 0.68 percent for the third consecutive day.  The market capitalization of listed…

NGX closes bearish, key Index depreciates by 0.4%


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The Nigerian Exchange (NGX) closed negative on Thursday with key Index depreciating by 0.4 percent as profit-taking continued. The market capitalization of listed equities dropped further by N82.46 billion to close at N22. 726…

NGX: Investors lose over N20bn in mid-week trade


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Equities investors trading on the floor of the Nigerian Exchange Group Limited (NGX) lost N20.52 billion in market capitalization at the end of business on Wednesday amid bargain hunting.…

NGX All-Share Index appreciates further by 1.12%


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Transactions in the Nigerian Exchange (NGX) remained positive as the All-Share Index appreciated by 483.68 absolute points, representing a 1.12 percent increase to close at 43,730.55 higher than Monday’s 43,245.87. The market…

NGX closes week’s first trading session upbeat


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The Nigerian Exchange (NGX) Group started the week upbeat on the back of gains made by investors on the share price of MTN Nigeria Communications Plc and Airtel Africa. Both Telcos made 9.62 percent and 10 percent gain on their…

NGX ends October bullish, market indicators appreciate by 0.66%


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Business activities on the floor of the Nigerian Exchange Group Limited (NGX) ended bullish to close the month of October as major market components appreciated by 0.66 percent. This is coming after two days of reversed losses…

NGX Equities Market gains 0.3%


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The Nigerian Exchange Limited (NGX) resumed trading activities on Wednesday with a 0.3% gain after a one-day public holiday in commemoration of the Eid al-Maulud. The equities market traded with a positive sentiment as buying…