₦airaland Forum

Na CPC dey cause bear not CGT

It’s CGT. Foreign investors are not selling off any holdings, and they make up less than 20% of the market. It’s nothing else but the CGT

Agbalowomeri:
Na CPC dey cause bear not CGT

Don't be pessimistic. No harm in trying.

Itzlinda:
I think petition won't really change nothing. When the billionaires (dangote and co) fortune index dropped by significant margin because of the drop in the price of their holdings, I think that's why federal govt will act. Or when companies starts firing people because there's no liquidity in the companies.

Itzlinda:
I think petition won't really change nothing. When the billionaires (dangote and co) fortune index dropped by significant margin because of the drop in the price of their holdings, I think that's why federal govt will act. Or when companies starts firing people because there's no liquidity in the companies.

It is those few expensive stocks because no 100k units that is holding the yeye ASI up.If many of the capital raising by ba
n ks happened now and failed. It will touch every one both in ratings and when they see a threat like hostal take over because of cheap SP of thr companies they will look for audience with Tinubu. You think Tony will be happy wit what is happening to his companies .look at uba after Ri of #50 which he believes is undervalued. U have pushed it below #40 because of yeye policy. How many company has that tax guy built .Is it to come practice some rubbish he read from book because he is hoping to collect heavy commission for collections

Agbalowomeri:
Na CPC dey cause bear not CGT

It is not the Country of Particular Concern (CPC). CPC would only affect mostly new or potential investors coming into the country
Investors already playing in the NGX (foreign and local) would not mind if it is only about CPC.

We like fire fighting not preventing.

awesomeJ:
As long as we achieve the desired goal, even if na to presidency. Having a targeted action is what might work.

Buy I still feel NGX and the likes could have done much better to raise investors' concern while the laws were being drafted.

A lot of people have been complaining about the NTA 2025 especially the CGT and now people in that space are reacting by mass sell off and yet someone still thinks the complaints have no impact.

When a government feels he can do whatever pleases it, the people too will show the government they also have a choice on what to do even if it is at loss. Nonsense!

SonofElElyonRet:
Why can't it just be 10% ?

The way de market be now , even 10% fit no bring people back .

Just shows how some unserious elements will just read 2 chapters of a text book and use same to develop policy for a Nation.

I have pulled out 65% of my funds ...we use the remaining 35% dey follow them before 2008 repeat itself.

Agbalowomeri:
Na CPC dey cause bear not CGT

No it is APC not only CPC
Another content.
All I know thr time will expire 2027 or even before then

Sunrisepebble:
It’s CGT. Foreign investors are not selling off any holdings, and they make up less than 20% of the market. It’s nothing else but the CGT

What volume do you think is exiting NGX? Go check, it is not heavy

The red started just after Trump pronouncement. We have had the CGT memo the entire year so while now and not December?

My oga Emma. I hope the diversification is working today by the time it happens like this for the whole of this week. The AsI fake figure is scarm.At this rate nobody go buy any RI even presco RI will fail

I just found Taiwo Oyedele's email and phone number on his Instagram page:
enquiries@fiscalreforms.ng or WhatsApp: 08109753151

Itzlinda:
I think petition won't really change nothing. When the billionaires (dangote and co) fortune index dropped by significant margin because of the drop in the price of their holdings, I think that's why federal govt will act. Or when companies starts firing people because there's no liquidity in the companies.

Whatever the trigger is, as long as they pay attention and do something 😁😁😁

mikeapollo:
I just found Taiwo Oyedele's email and phone number on his Instagram page:
enquiries@fiscalreforms.ng or WhatsApp: 08109753151

WAHALURDDD

mikeapollo:
So many issues are discussed on NL, in different sections and on various topics.
Policy makers and people in govt source public opinion from various platforms, especially in this era of social media. It is not only by petition.
Whether they are aware of what people say here or not, it is only for them to say, and not for any one of us on NL.
No one should be more Catholic than the Pope

You're right sir.

Agbalowomeri:
What volume do you think is exiting NGX? Go check, it is not heavy

The red started just after Trump pronouncement. We have had the CGT memo the entire year so while now and not

Haba APC.we are in November which is close to 2026.Did u expect people to take action first quarter of 2025 .Is it the CPc that made not buy all this time.Abeg I saw the writing when q3 results was coming out and ws not impacting the market. I said it severally here
Good q3 results oh

Ginalex:
WAHALURDDD

I called the line but no one picked!
Vawulence calls loading!

mikeapollo:
I called the line but no one picked!
Vawulence calls loading!

😸😸😸😸 Oyedele don buy market

mikeapollo:
I just found Taiwo Oyedele's email and phone number on his Instagram page:
enquiries@fiscalreforms.ng or WhatsApp: 08109753151

You go shock say his type does not have portfolio of ngx instead he will have invested in USA exchange. So he has nothing at stake

Bro, it's the CGT. Trump's CPC is not responsible for the red paint on the floor of the ngx. It is the CGT.

Agbalowomeri:
What volume do you think is exiting NGX? Go check, it is not heavy

The red started just after Trump pronouncement. We have had the CGT memo the entire year so while now and not December?

What are the odds that Tinubu will suspend this CGT? I want gamble on that.

Don't stress the poor guy. This law had a round of public hearings and nobody said anything...everyone was just spazzing out over VAT rate. The nigerian chambers of trade and commerce and all the association of brokers and other making noise now kept quiet because stocks were pumping. Make una leave Taiwo alone and carry una cross.

mikeapollo:
I just found Taiwo Oyedele's email and phone number on his Instagram page:
enquiries@fiscalreforms.ng or WhatsApp: 08109753151

NCR is just climbing slowly but surely...

Make I salute kpakus MM/manipulative gang
The have tried holding ground today on green with the red everywhere u go...lol
It is among the few standing

Very few bills had as much attention as this New Tax bill did before being passed, it was debated to death on the floor and they were multiple media rounds. You could have even questioned Taiwo on twitter...but it seemed the important sections just went over everybody's head. Better pay your 25% CGT or put your money in Nvidia. Petition ko, rendition ni.

Agbalowomeri:
What volume do you think is exiting NGX? Go check, it is not heavy

The red started just after Trump pronouncement. We have had the CGT memo the entire year so while now and not December?

No, the red started after Taiwo Oyedele had a call with local and international investors, which was organized by Standard Chartered Bank where the foreign investors expressed their frustration with the CGT. The meeting held about 2 weeks ago and the red started a few days after that. Tump was just an inconsequential coincidence.
https://nairametrics.com/2025/10/22/international-investors-are-frustrated-with-taiwo-oyedele-reports/

The same Taiwo a few days later, dismissed the concerns of both local and international investors
https://dailypost.ng/2025/10/27/capital-gains-tax-taiwo-oyedele-dismisses-claims-nigerian-investors-are-frustrated/

Suspending the CGT will cause an unprecedented uproar that can potentially rubbish the whole NTA 2025. Only a small priviledged fraction of Nigerians are in the Capital Market. The right thing to do is to rescind the retrospective application of the CGT and possibly just retain the existing 10% CGT but with rigorous implementation.

Raider76:
What are the odds that Tinubu will suspend this CGT? I want gamble on that.

Streetinvestor2:
The don't want to buy dollars
Na japaul with gold reserve in gaza dey want to buy.What do u think...lol

So you have finally giving up on ELLAH it's now japaulGold

Agbalowomeri:
Na CPC dey cause bear not CGT

what is CPC?

They will soon get tired. Nobody can defend against this raging red unless there is a favorable statement from the government on the CGT implementation. The road is still a very long one.

Streetinvestor2:
Make I salute kpakus MM/manipulative gang
The have tried holding ground today on green with the red everywhere u go...lol
It is among the few standing

deathwing:
Don't stress the poor guy. This law had a round of public hearings and nobody said anything...everyone was just spazzing out over VAT rate. The nigerian chambers of trade and commerce and all the association of brokers and other making noise now kept quiet because stocks were pumping. Make una leave Taiwo alone and carry una cross.

You know the south always feel dey go school and no send.The VAT that made news was because the north kicked about it.So nobody raised a finger on serious issues. The remaining things in that bill no go affect north. Na u wan go collect the tax in all those states that ak47 is now pure water.The northerners no dey pay tax before unless the ones taken from source.If u be from south and working in North go collect tax.Na only all those local government levies we been dey pay for north if u no sabi person for lga