By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Tuesday notified all issuers on the mandatory payment of value added tax (VAT) in compliance with the law on VAT which commenced in 1993. The Exchange in a notice made available to InvestAdvocate said it’s mandatory for all issuers, stockbrokers, issuing […]
Author: InvestAdvocate
Nigeria’s Guaranty Bank steps up battle for Kenyan customers
Nigeria’s Guaranty Trust Bank will open its outlets over the weekend and even deliver cash at home for Kenyan depositors, its chief executive said, aiming to win market share in one of the toughest markets for foreigners in Africa. The bank, which is also listed in London, joins Nigerian lenders […]
Global shares plunge as U.S. slowdown adds to emerging markets woes
World shares slumped to a near four-month low on Tuesday as signs the U.S. economy was stuttering compounded already frayed nerves following a sharp sell-off in emerging markets. A weaker-than-expected report on U.S. factory activity hurt global equity markets and the dollar on Monday and left investors scurrying for traditional […]
