MTN Nigeria Communications Plc has notified he Nigerian Exchange and the investing public that its shareholders at the Extraordinary General Meeting have approved the cancellation of 7.5 billion unissued shares.
The Federation Account Allocation Committee (FAAC), has disclosed that it shared a total of N990.189 billion to the three tiers of government, as Federation Allocation for the month of December 2022. The amount is inclusive of Gross Statutory Revenue, Value Added Tax (VAT), Exchange Gain and Electronic Money Transfer Levies (EMTL). The Federal Government received N375.306 billion, the states […]
- Stock Market Review
The Nigerian stock market on Tuesday closed on a positive note with 0.67% growth. Year to date, the market has returned, 2.83% with the All Share Index and the Market Capitalisation at 52,701.31 points and N28.705 trillion respectively. In a stock market review with the MD/CEO of Global View Capital Limited, Aruna Kebira, the following were discussed:[…]