News Update




Flour Mills of Nigeria Plc - Announce a Final Dividend

Thursday 25 July, 2019





MTN Nigeria Communications - Notification on Board Changes

Wednesday 24 July, 2019










Ikeja Hotel Plc - Announce an Interim Dividend of 0.03K per 50Kobo

Saturday 20 July, 2019





Expiration of Value Added Tax - Order 2014RDER, 2014…

Friday 12 July, 2019

On 27 October 2014, the then Coordinating Minister for the Economy and Honourable Minister of Finance, Mrs. Okonjo Iweala, granted Value Added Tax (VAT) Exemption of Commissions on Stock Exchange Transactions Order (Order) in accordance with the Gazette issued earlier on 30 July 2014. (See, Official Gazette of the Federal Republic of Nigeria: No. 95, Vol. 101). The Order which became effective on 25 July 2014 is valid for a period of five (5) years, and thus the exemption granted in the Order is set to expire on 24 July 2019.

To that extent, this is to notify you that all Dealing Members of The Nigerian Stock Exchange, in compliance with the VAT Act 2007 as amended, shall resume the deduction of VAT on the following commission earned on your capital market transactions, barring any further extensions from the Federal Government:

  1. Commission earned by Dealing Member on traded values of shares;
  2. Commission earned by The Nigerian Stock Exchange (NSE) and
  3. Commission earned by Central Securities Clearing System Plc. (CSCS).





FLOUR MILLS OF NIGERIA PLC – PAYMENT OF 2018 FINAL DIVIDEND

Friday 27 July, 2018


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