CGT

Business

Full Capital Gains Tax Exemption Introduced For Reinvested Shares In Nigeria

THEWILL. -
December 03, (THEWILL) — Nigerian investors will now enjoy full capital gains tax (CGT) relief when they reinvest proceeds from the sale of shares, following the implementation of updated tax rules aimed at boosting participation in the capital market. Under...
Business

Capital Gains Tax: Investors Consider Asset Sell-Off As FG Adjusts Revenue Scope

THEWILL. -
November 10, (THEWILL) — Nigeria’s planned overhaul of the capital gains tax regime is prompting investors to reassess their portfolios, with a noticeable increase in asset sales as market players move to avoid higher tax liabilities. Under reforms proposed by...
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Fidelity Bank Redeems $400m Eurobond at Maturity

Fidelity Bank Plc has fully redeemed its $400 million 7.625 per cent Senior Unsecured Eurobond at maturity, meeting all its payment obligations under the five-year debt instrument.
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