Bandit Leader Imposes N50m Levy on Katsina Towns
Notorious bandit Mustapha Babaro demands N50 million from Yargoje communities in Katsina, raising questions about peace deals effectiveness. Residents fear repercussions if deadline missed.
Category : Search result: market levy
Nigerian Stock Market Loses N2.1 Trillion
Investors on the Nigerian Exchange lost a staggering N2.1 trillion in one week as the market closed low. Discover the top gainers, decliners, and key market trends.
RMAFC Probes Electronic Transfer Levy 2019-2022
Nigeria's RMAFC investigates Electronic Money Transfer Levy disbursements from 2019-2022 to ensure transparency and accountability in revenue collection for all government tiers.
4 Economic Policies Tinubu Suspended After Backlash
President Tinubu's administration suspended 4 major economic policies following public outcry. Learn about the reversed decisions and their impact on Nigeria's economy.
Equities Market Dips N292bn Amid Bearish Trading
Nigerian equities extended losses as market capitalization fell by N292 billion. 38 stocks declined while only 14 gained. Read full analysis of market performance.
Edo Market Women Protest Planned Eviction
Edo State market women protest eviction notice for Oba Market renovation. They demand proper relocation plans from the government. Read their full story.
NGX Bearish Run Continues, Investors Lose N110bn
Nigerian stock market extends bearish trend with 0.12% decline as investors lose N110.20 billion. ASI drops to 144,986.51 points amid profit-taking in banking stocks.
AIHN Honors Resilient Nigerian Companies Amid Challenges
Association of Issuing Houses of Nigeria recognizes companies thriving despite economic headwinds. See award winners and market outlook for 2025.
Stock Market Dips 1.7% on Tax Jitters
The Nigerian stock market fell sharply last week, losing N1.5 trillion as panic selling over a proposed capital gains tax caused a major sell-off. Discover the key winners and losers and what's next for investors.
Ghana Scraps Covid Levy, Cuts VAT to Boost Economy
Ghana abolishes its Covid-19 Health Recovery Levy and reduces VAT to stimulate growth, returning GHS 5.7 billion to citizens. A tragic stampede at a military recruitment event in Accra leaves six dead.
N120m Lost in Kano Market Fire, 44 Shops Destroyed
Massive fire destroys Singa Market in Kano, gutting 44 shops and goods worth millions. Trader Alhaji Salisu Abdullahi loses N120 million. Read full details on the devastating incident.
NGX Gains N1 Trillion as Investor Confidence Soars
The Nigerian stock market closed with a massive N1 trillion gain, driven by strong performances from key blue-chip stocks. Discover the top gainers and market trends.
Naira Gains as Pound Sterling Falls Below N2,000 Mark
Nigerian naira strengthens significantly against British pound, dropping below N2,000 in both official and parallel markets. CBN reforms drive currency stability as forex reserves hit $43.34 billion.
N4.64 Trillion Wiped Out in Nigerian Stock Market Crash
Nigerian stock market plunges 5.01%, wiping N4.64 trillion off investor wealth in massive selloff. Key stocks including MTN Nigeria, BUA Cement crash by 10%.
Nigerian Stock Market Plunges Amid Economic Worries
Nigeria's financial markets experience significant downturn as rising interest rates, inflation fears, and job market instability spook investors. Key indices drop amid growing economic uncertainty.
Presco Plc Launches ₦237B Rights Issue for Expansion
Nigerian agribusiness giant Presco Plc announces massive ₦237 billion rights issue to drive expansion, strengthen market leadership, and enhance production capacity across West Africa.
Presco Plc Launches ₦250BN Rights Issue for Expansion
Nigerian agribusiness giant Presco Plc unveils ambitious ₦250 billion rights issue strategy to accelerate expansion, strengthen market leadership, and enhance production capacity across West Africa.
SEC Chief Urges Registrars to Embrace Innovation
SEC Director-General Timi Owoturo challenges registrars to drive efficiency and technological advancement in Nigeria's capital market operations.
Benue Market Shut Over Rampant Car Theft
Frustrated traders at Benue Modern Market have closed shop indefinitely following repeated vehicle thefts, demanding immediate government intervention and enhanced security measures.
Naira Falls Again: Loses Ground Against US Dollar
The Nigerian naira has reversed its recent gains, depreciating significantly against the US dollar across both official and parallel markets. This latest development raises concerns about currency stability and economic recovery efforts.
Nigeria Stock Crisis: ₦1.3Trn Lost in Day
Nigeria's stock market plunges deeper into turmoil as investors witness massive wealth erosion, raising concerns about market stability and economic recovery prospects.
Asian Markets Rebound Strongly on US Jobs Data
Asian markets surged dramatically as robust US employment figures boosted investor confidence, triggering a powerful recovery across major indices from Tokyo to Sydney.
Trump Effect Worsens Nigerian Stock Market Losses
Nigerian equities continue downward trend as Trump's political resurgence creates global market jitters. NGX sheds N1.36 trillion in two-day losing streak.
Master Forex Trading in Nigeria: Tools & Tips
Discover the must-have tools and expert strategies Nigerian traders are using to dominate the forex market. Learn how to build a profitable trading career with our comprehensive guide.
Naira Rebounds Against Dollar Amid Trump Election Concerns
Nigeria's currency makes impressive recovery in parallel market while official rate weakens. Expert analysis reveals how Trump's political comeback threats are impacting forex trading patterns.
Dangote Refinery Cuts Petrol Prices, Shakes Market
In a dramatic market move, Dangote Petroleum Refinery has significantly reduced petrol prices, triggering a competitive battle that's transforming Nigeria's downstream oil sector and bringing relief to consumers.
Toyota Raises Profit Forecast Amid Nigerian Tariff Concerns
Toyota Motor Corporation significantly increases its full-year profit projections amid weak yen and strong sales, but Nigerian consumers may bear the brunt through increased tariffs.
Asian Markets Crash Amid Tech Bubble Fears
Asian markets experienced significant declines as growing concerns about a technology stock bubble and Federal Reserve policy shifts sparked investor panic across major exchanges.
Naira Crashes, Stocks Drop After Trump Victory
Donald Trump's presidential win triggers financial turmoil in Nigeria as Naira crashes to record lows and stock market experiences significant drops. Expert analysis reveals what this means for Nigeria's economy.
Telefónica Shares Drop Amid Dividend Cut and Net Loss
Spanish telecom giant Telefónica faces market turbulence as shares plummet following dividend reduction and unexpected net loss announcement.
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