The Federal Government has imposed a luxury tax on private jet owners and operators in the country. As a result, the Nigeria Civil Aviation Authority has directed the owners and operators of private jets to pay the sum of $4,000 for every flight departure within the country. According to a […]
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NSE Charges $25,000, N1.2 Million on Market Data
By Peter OBIORA InvesAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Friday confirmed it will charge $25,000 and N1.2 million per annum for those seeking to redistribute real-time international and local data respectively. Oscar Onyema, Chief Executive Officer (CEO) of the NSE made this affirmation at the Exchanges market data interactive […]
Money Laundering Offenders Risk 2 Years Jail Term-CBN
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has said that Money Laundering offenders will risk not less than two (2) years jail term or forfeiture of cash. This is contained in a circular with reference number FPR/DIR/CIR/GEN/03/004 dated June 26 2013 and signed by Y.B Duniya, […]
