22 h. ago Alleged CGT implementation fear triggers fresh debate, after investors’ sell

FRESH controversy has engulfed the Nigerian capital market as fears over the alleged implementation of a higher Capital Gains Tax (CGT) continue to rattle investors despite repeated official clarifications. The anxiety, which persists even as authorities insist that most retail investors remain exempt, has triggered a wave of sell-offs that wiped out trillions of naira […]

Politics

2 d. ago FG, SEC, NGX Group forge unified direction on Capital Gains Tax reform

The Federal Government has inaugurated the National Tax Policy Implementation Committee (NTPIC), marking a deliberate shift toward a more predictable read more FG, SEC, NGX Group forge unified direction on Capital Gains Tax reform

Politics

2 w. ago Investors rethink wealth building strategy on Capital Gains Tax fears

The new changes in the tax reform is forcing investors to rethink how they build and protect wealth. With changes read more Investors rethink wealth building strategy on Capital Gains Tax fears

Economics

3 w. ago Virtual currency now taxable, capital market gains remain tax

Nigeria’s Presidential Fiscal Policy Committee announces virtual currency is now subject to tax, while capital market gains remain tax-free to attract yout Read More: https://punchng.com/virtual-currency-now-taxable-capital-market-gains-remain-tax-free-oyedele/

Politics

3 w. ago 30% Capital Gains Tax: Eno, Izunaso Urge Balanced Reforms To Protect Investor Confidence

Akwa Ibom State Governor, Pastor Umo Eno, and Chairman of the Senate Committee on Capital Market and Institutions, Senator Osita Izunaso, have called for a careful and balanced implementation of ongoing fiscal and financial reforms to sustain investor confidence, ensure inclusive growth, and strengthen the country’s economic foundation. Both leaders made this statement while delivering […]

Economics

3 w. ago How misinformation on capital gains tax sparked N4.6trn market loss — Uwaleke

NIGERIA’S capital market suffered one of its steepest single-day losses in recent years after misinformation surrounding the Government’s Capital Gains tax (CGT) policy triggered panic among investors, wiping out an estimated N4.6 trillion in market value. President of the Capital Market Academics of Nigeria, Professor Uche Uwaleke, said the sharp decline, recorded earlier in the […]

Politics

3 w. ago Capital gains tax: Senator Izunaso urges Edun to address investors’ concerns

“The increase in Capital Gains Tax on share sales above ₦150 million has created understandable concern among investors...

Economics

3 w. ago Capital Gains Tax: Stock Market Regains N2.6trn As Edun, Oyedele Reassure Investors

Nigeria’s stock market made a strong rebound on Wednesday, regaining approximately N2.6 trillion in market capitalisation with a 2.89 per cent gain, as clarifications on the new Capital Gains Tax (CGT) regime by key government officials helped to restore investor confidence. Recall that the market suffered its sharpest single-day decline in 15 years on Tuesday, […]

Economics

4 w. ago Stocks rebound in early trade as CGT clarity restores investor confidence

Nigeria’s stock market rebounded in early trading on Wednesday November 12 as Capital Gains Tax (CGT) lucidity gradually restores investors read more Stocks rebound in early trade as CGT clarity restores investor confidence

Politics

4 w. ago Edun reassures investors, pledges balanced Capital Gains Tax outcomes as NGX lists MREIF

Nigerian Exchange (NGX) on Tuesday hosted the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, at the read more Edun reassures investors, pledges balanced Capital Gains Tax outcomes as NGX lists MREIF

Economics