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Fakoyejo Olalekan

IMF Asks Nigeria, Others To Charge VAT, Capital Gains Tax On Crypto Assets

Crypto Assets Have Been More Of Disappointment, IMF Says

The International Monetary Fund (IMF) has described cryptocurrencies as a disappointment, as they failed to meet the expectation of their users. In an IMF report authored by Tobias Adrian and Tommaso Mancini-Griffoli, IMF said crypto assets couldn’t revolutionise the global financial system. 
February 28, 2023
Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn
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Nigerian Stock Market Closes With N260.30 billion Gain

Nigerian bourse closed with N30.40 trillion market capitalisation on Tuesday, 28 February 2023, up from N30.14 trillion reported the previous day. This shows N260.30 billion growth in the total investment value within the country’s stock market.  Also, the All-Share Index appreciated to 55,806.26
February 28, 2023
Lafarge

Lafarge Eyes N32.21bn Dividend Payout, Unclaimed Hit N1.63bn

Lafarge Africa has proposed paying shareholders N32.21 billion as dividends for 2022, the same amount shareholders were paid in 2021. The company broke the dividend down to N2 per share according to a statement contained in its Consolidated and Separate Statements of
February 28, 2023
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