The Nigerian stock market experienced a massive sell-off yesterday as investors shed shares amid concerns over the proposed 30 per cent capital gains tax, resulting in a N4.64 trillion loss in market value in just one day. The market capitalisation tumbled by N4.641 trillion to settle at N89.885 trillion, while the All-Share Index plunged by [ ]
Wednesday 17 December 2025
leadership - 1 month ago
Capital Gains Tax: Stock Market Loses N4.64trn In 1 Day
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