By Daniel Anomietei/Mediacraft Considering how technology has taken over the accounting profession, one major skill required for accountants to prepare for the future is adaptability. This was the viewpoint of David Lyford-Smith, Technical Manager in the Tech Faculty of ICAEW – the Institute of Chartered Accountants in England and Wales at the […]
Category: Financial Literacy
Nigerian Eurobonds Weaken as Trade war Depresses Oil Prices
By Zedcrest Capital ***Nigeria’s GDP slows to 1.94% in Q2 2019, as non-oil sector contracts*** Eurobonds The NGERIA Sovereigns weakened further, as a decline in oil prices from the trade war escalation and possible increase in output by the OPEC+ weighed on sentiments during the session. The NGERIA corps were the […]
DMO Lists Second N100bn FGN Sukuk On NSE
By Financescape Nigeria’s Debt Management Office (DMO) on Tuesday, July 23, 2019, listed the second ₦100bn, Seven-Year, FGN Sukuk due to mature in 2025 on The Nigerian Stock Exchange. The FGN Sukuk is due to mature in 2025, and was raised at a rental rate of 15.743 percent, a 73 basis point discount […]
Transaction on the Nigeria Stock Market may attract 5% VAT effective July 25, 2019
By Hamisu B. S All stock market transactions may attract VAT charges effective July 25, 2019, following the expiration of the five-year exemption. The Federal Government of Nigeria granted exemption of VAT from all NSE transactions in 2014 (effective July 25, 2014) for five years. The policy was part of Government efforts […]
SEC Commence Verification of Claims of Unpaid Investors of Dantata Success and Profitable Company
By Financescape Securities and Exchange Commission has announced the commencement of verification of claims of unpaid investors of Dantatahe Success and profitable company. SEC announced that Sequel to the appointment of joint Administrators/Trustees for Dantata Success and Profitable Company by the Securities and Exchange Commission (SEC) pursuant to section 13 and 173 of the […]