FG Encouraged to Seek Ways of Improving Tax Revenues

The Group Head of Tax, Nestoil, Stanley Ezekobe, has advised the federal government to prioritise transaction-based taxes such as Value Added Tax (VAT). Ezekobe, who disclosed this recently at a virtual media roundtable organised by the Nestoil Group said while other forms of tax such as company income tax, are …

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Equity market down N70bn on low sentiment

The Nigerian bourse on Thursday closed lower to reverse the previous day’s gain as bears regained their grip following the sell-off that has persisted on the equities market. Market breadth closed positive as Transcorp lead 17 other losers to close the trading session on the negative. Consequently, the All-Share Index …

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