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Investors lose N960bn in 3 months as NSE market value drops by 7.3%

Investors lose N960bn in 3 months as NSE market value drops by 7.3%

Investors in the Nigerian capital market lost N960 billion between January and March this year. The Nigerian Stock Exchange, NSE, market capitalisation dropped by 7.3 per cent to close at N12.27 trillion last Thursday from N13.23 trillion opening at the beginning of trading on 2nd of January, 2014.

The most  mportant ingredient  in business is integrity  — BOLA AGUNBIADE

The most mportant ingredient  in business is integrity — BOLA AGUNBIADE

Mrs. Bola Agunbiade is the Director of Avail International Consult Limited (AICL Education), an outfit that specializes in international students’ recruitment and career counselling. In this chat with Financial Vanguard, Agunbiade says integrity is very important in the international education counselling business. Excerpts:

The basics of capital gains tax

The basics of capital gains tax

A Capital Gain may be defined as profit arising from increases in the market value of capital assets to a person or corporate body, who does not habitually offer them for sale and in whose hands they do not constitute stock-in-trade.

Phillips joins Flour Mills board

Phillips joins Flour Mills board

Foluso, according to a statement by the company, is the Executive Chairman and Founder of Phillips Consulting Limited, a firm engaged in business and management consulting, with offices in Nigeria and South Africa.

‘Inadequate metering major challenge in power sector’

‘Inadequate metering major challenge in power sector’

Managing Director of Ikeja Electricity Distribution Company, Ikeja DISCO, Engr. Abiodun Ajifowobaje, has identified inadequate customers’ metering as one of the major challenges confronting the new owners in the power sector.