Capital Market

FIRS may probe tax evasion report at CBN

The Federal Inland Revenue Service may investigate cases of under remittance of Personal Income Taxes during the tenure of the suspended Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi. Investigations by our correspondent revealed that the FIRS was also worried by the Financial Reporting Council of Nigeria’s report […]

NSE to Introduce New Trade Notification System

Press Release The Nigerian Stock Exchange (NSE) has announced that it will discontinue the old trade notification system, Trade Alert and introduce a fresh notification system known as X-Alert to all its investors in March 2014. According to Mr Oscar Onyema,the Chief Executive Officer of The NSE,the X-Alert is a […]

S&P 500 Tops Its Record Close as Stocks Jump in Ukraine

U.S. equities rose, sending the Standard & Poor’s 500 Index above its record closing level and erasing its 2014 decline, amid confidence the economy is strong enough to weather reductions in monetary stimulus. Industrial metals fell while Ukrainian shares jumped the most since 2010. The S&P 500 advanced 0.8 percent […]