One year and five months after the Finance ministry promised that it would waive Value Added Tax and stamp duty on capital market transactions; it has failed to keep its promise, leaving shareholders angry. The Minister of Finance, Dr. Ngozi Okonjo-Iweala, had explained in a statement in December 2012 that […]

The Managing Director, May & Baker Nigeria Plc, Mr. Nnamdi Okafor, says the company needs new equity funds and is considering the option of raising the funds. According to a statement on Monday, the funds will be used to support the company’s plan for long-term growth and reduce the high […]

FMDQ OTC Plc has said it will, in collaboration with the Financial Markets Dealers Association, present licences to the first batch of its dealing members on Wednesday. The firm said in a statement made available to our correspondent on Monday that the dealing members comprised banks and discount houses operational […]