22

Mar

Stock Market Review: March 22, 2023

The Nigerian equity market on Tuesday bounced back after sessions of losses with a marginal growth of 0.03%. The All Share Index and Market Capitalisation stands at 54,904.68 points and N29.91 trillion respectively. In a stock market review with Mr Gilbert Ayoola, a seasoned capital market expert, the following were discussed: Excerpts: The stock market on Tuesday[…]

22

Mar

FG waives 5% excise duty on telecom services

The Minister of Communications and Digital Economy, Isa Pantami has said that the Federal Government has removed its proposed 5% excise duty on telecommunication services. The government announced that this was in line with the recommendations of a committee, the Presidential Review Committee on Excise Duty in the Digital Economy Sector, which was constituted to review the[…]