Updates

Intraday Update: Nigerian Stocks Gain +1.52%, Driven by Blue Chips

February 1, 2024/InvestmentOne Update ASI as at 12.00pm: +1.52% Top Gainers and Losers: GTCO (+10.00%), NASCON (+9.98%), VITAFOAM (-10.00%) and UPDC (-10.00%). Sector Performances: Banking (+7.33%), Consumer Goods (+3.20%), Oil & Gas (-0.48%)and Industrial (-0.20%). Market activity: In today’s trade, total volume increased by 53% while total value decreased by 50%, […]

Lagos Extends Deadline for Filing of Annual Tax Returns to February 7

January 31, 2024/LIRS In view of the recent downtime experienced on the e-tax portal, the Lagos State Internal Revenue Service (LIRS) has extended the filing of employers’ annual tax returns by 1 (one) week starting from February 1 to February 7, 2024. Mr. Ayodele Subair, the Executive Chairman of LIRS, conveyed […]

Federal Reserve Issues FOMC Statement

January 31, 2024/US Federal Reserve Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have moderated since early last year but remain strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated. The Committee seeks to […]