Nigeria’s stock market rebounded on Wednesday, November 12 by 2.89 percent or about N2.6trillion as Capital Gains Tax (CGT) lucidity gradually restores investors confidence in the market.
Taiwo Oyedele, chairman, Presidential Fiscal Policy and Tax Reforms Committee on Tuesday issued a tweet clarifying the implementation framework for the new Capital Gains Tax (CGT) regime, thereby bringing much-needed clarity to the market.
As investors gradually return to buy stocks, the market's returns year-to-date (YtD) printed higher at +41.27 percen
