Thursday, May 28, 2020 Maturing OMO, NT-bills to push system liquidity to N955.9bn The financial market liquidity which stood at N590.8 billion on Monday morning will further rise to N955.9 billion as maturing Treasury Bills (NT-bills) and Open Market Operation (OMO) worth N365.1 billion hit the market this week. A breakdown of the inflows showed…
DetailsWednesday, May 27, 2020 Relief for taxpayers as LIRS further extends deadline for filing annual returns to June 30 The Lagos State government has further extended the deadline for filing of annual tax returns to June 30, 2020. This is continuation of its effort to provide the much-needed relief to taxpayers and mitigate the economic…
DetailsStocks rebounded sharply in May 2020, the bulls stood strong in the market last week as trading indicators trended higher on positive reactions to corporate earnings and highly capitalized stocks that declared dividends despite the pandemic lockdown. The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization increased by 1.80%, while the Year-to-Date return…
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