January 15, 2024/CSL Research In a recent development, the Federal Government (FG) has reassigned its 40% shareholding in electricity distribution companies (DisCos) from the Bureau of Public Enterprises (BPE) to the Ministry of Finance Incorporated (MOFI). In a letter dated January 10,2024, Wale Edun, the Minister of Finance and Coordinating […]
Updates
Intraday Update: Nigerian Stocks Gain +0.45% Buoyed by Bellwether Counters
January 15, 2024/InvestmentOne Update ASI as at 12.00pm: +0.45% Top Gainers and Losers: WAPCO (+10.00%), CHAMS (+10.00%) and VITAFOAM (-9.79%), CHAMPION (-8.61%). Sector Performances: Consumer Goods (+0.12%), Banking (+0.10%), Industrial and Oil & Gas. Market activity: In today’s trade, total volume and value advanced by 40% and 13% respectively when compared […]
LIRS Affirms January 31st Deadline for Employers to Submit Annual Tax Returns
January 14, 2024/LIRS In accordance with applicable tax legislation, the Lagos State Internal Revenue Service (LIRS) has communicated a reminder to all Employers of Labour to submit their annual tax returns on or before the stipulated deadline of January 31, 2024. Mr. Ayodele Subair, the Executive Chairman of LIRS, conveyed […]
