September 5, 2024/Cordros Report EQUITIES The Nigerian equities market extended yesterday’s loss as continued sell pressures on OANDO (-9.7%) drove the All-Share Index lower by 0.3% to 96,210.20 points. As a result, the Month-to-Date and Year-to-Date returns settled at -0.4% and +28.7%, respectively. The total volume of trades decreased by […]
Author: InvestAdvocate
NGXASI Dips -0.34%, Dragged by Oando, SATNBIC, Flour Mills
September 5, 2024/InvestmentOne Report The NGXASI declined today by 0.34% to close at 96,210.20pts as the sell pressure on OANDO (-9.65%), STANBIC (-1.78%) and FLOURMILL (-7.21%) drove the local equities market into the red. In the fixed income space, the Treasury Bills secondary market traded on a bullish note amid the buying […]
Import Duty Waiver and Tax Exemptions on Select Food Items
September 5, 2024/CSL Research In August 2024, the President of the Federal Republic of Nigeria, through the Honourable Minister of Finance and Coordinating Minister of the Economy, Olawale Edun, approved a regulation implementing a zero percent duty rate and Value Added Tax (VAT) exemption on select basic food items. This […]
