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NGX, NGCL Engage Trading License Holders On Derivatives Trading. As Nigerian Exchange, NGX, Limited inches closer to the launch of Exchange Traded Derivatives, ETDs, in the Nigerian capital market, it continues to engage with the capital market ecosystem. In collaboration with NG Clearing, NGCL, NGX hosted an engagement session with Trading License Holders, TLHs, on […]

RMAFC says the revenue allocation formula review will be ready for presentation to President Muhammadu Buhari by the end of 2021. The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says the revenue allocation formula review will be ready for presentation to President Muhammadu Buhari by the end of 2021. The commission’s chairman Elias Mbam noted […]

The order is pending the final determination of an appeal filed by Multichoice before the tax tribunal. Multichoice Nigeria Limited has been ordered to pay N900 billion, 50 per cent of N1.8 trillion tax backlog, to the Federal Inland Revenue Service (FIRS) in line with extant tax laws. FIRS spokesman Abdullahi Ahmad via on Wednesday […]

Actor Jim Iyke has been seen in a viral video confronting his controversial colleague, Uche Maduagwu. Maduagwu had questioned Iyke’s source of wealth, referring to him as Hushpuppi in the movie industry in a post made via his Instagram page three days ago. In the video being circulated on social media platforms, Jim Iyke stormed […]

Media personality, Shade Ladipo, has reacted to the viral video of actor, Jim Iyke, physically attacking his colleague, Uche Maduawgu. Jim attacked Uche days after Uche shared a video in which he questioned Jim’s source of wealth and also alleged he is a ritualist. ”I don’t know why they have never placed me on Nollywood […]

David Beckham has held talks with Lionel Messi about joining Inter Miami when the 34-year-old Argentina striker’s PSG contract expires in 2023. West Ham and England midfielder Declan Rice, 22, is unhappy at the £100m price tag the club have put on him, effectively pricing him out of a move this summer. AC Milan want to sign Manchester City and Portugal midfielder Bernardo […]

The Minister of Works and Housing, Babatunde Fashola, told a media briefing after the council meeting on Wednesday that five road projects totaling 274.9 kilometers of federal road under the Federal Government Road Infrastructure Tax Credit Policy will be advanced by the Dangote industries as a tax credit. He explained that the move is also […]

The board and management of BOC Gases Nigeria Plc, have notified the Nigerian Exchange Group Limited (NGX) of the appointment of Mrs. Aderonke Omowunmi Segun-Alabi as the new company secretary. This is contained in a notice dated 8th July 2021 and signed by the Finance Director, Adeshinai Alayaki. The company announced that the appointment of […]

The bears resurfaced on the nation’s bourse on Thursday, halting gains posted in the last three trading sessions due to profit taking. Specifically, the All-Share Index dipped 31.44 points or 0.18 per cent to close at 38,469.87 from 38,501.31 achieved on Wednesday. Similarly, the market capitalisation lost N27 billion or 0.13 per cent to close […]

The Board of Beta Glass Plc has approved the payment of a sum of N519.97 million as a dividend to be paid to shareholders for the period ended 31st of December 2020. The decision is part of the resolutions reached at, the recently concluded 47th Annual General Meeting (AGM) of the company, held on the […]


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