…has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.A total turnover of 4.607 billion shares valued at N130.636 billion in 263,439 deals was recorded on the floor of the Nigerian Exchange (NGX) during the week, compared with 4.164 bi…

…attract income tax on gains and stamp duty on eligible transfers, although tokenised Nigerian stocks retain the tax exemption already applicable to ordinary Nigerian shares. Utility and governance tokens include gaming tokens, DAO governance tokens, staking derivative tokens and access tokens. Gains from disposal are t…

…Premium Index shed 4.03%. The NGX 30 Index - tracking the exchange's most capitalized stocks - declined by 3.64%. The NGX Consumer Goods Index and NGX Oil & Gas Index recorded relatively contained losses of 1.61% and 1.06% respectively, suggesting some residual support in defensive and commodity-linked names. More insi…

…What you should know With N5.69 trillion wiped off market value last week alone, Nigerian stocks lost an average of about N1.14 trillion per trading day. On Friday, market capitalization declined by N938.75 billion to N151.33 trillion from N152.27 trillion recorded on Thursday, while the market's year-to-date return mo…

…7.14% to N9.00 LivingTrust Mortgage Bank (LIVINGTRUST) - up 5.26% to N4.00 Top 5 Losers: Nigerian Aviation Handling Company (NAHCO) - down 10.00% to N148.50 Royal Exchange (ROYALEX) - down 10.00% to N1.53 GTCO - down 9.97% to N115.55 First HoldCo (FIRSTHOLDCO) - down 9.84% to N55.00 Neimeth International Pharmaceutical…