A recently released report titled, Paying Taxes 2012 Study, has revealed that Nigeria now ranks 138 out of 183 economies on the ease of paying taxes compared to a ranking of 134 in the previous year. This, according to the report, means that in Nigeria, a medium size company on […]
Tag: Profit
Multiple taxation reducing our profits –Banks
Deposit money banks in the country have raised concerns about the negative effect multiple taxation is having on their financial performance . According to the banks, the issue is becoming worrisome as it has drastically reduced their profits as well as shareholders’ funds. The chief financial officers of banks in […]
Analysts see profit taking activities this week
Capital market analysts have said that there would likely be profit taking activities in the equities segment of the market this week. Their prediction followed the consistent upward movement recorded on the Nigerian Stock Exchange in the past few weeks. According to them, with a year-to-date performance of over 15 […]
