₦airaland Forum

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.

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

GeeKudi:
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.

mikeapollo:
They may still push the price to a favourable range for the public offer to look attractive

mikeapollo:
All that is required is for them not to implement that aspect of the law, simple. They don't need to make any announcement of suspension or whatever.
Finance Act 2021 had CGT 10% which was never implemented, and there was no uproar anywhere.

Agbalowomeri:
Na CPC dey cause bear not CGT

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

EDUECO:
This is really ridiculous!
How can you equate a loss making company to ACCESSCORP?

ositadima1:
I’m surprised the circuit breaker hasn’t been triggered yet, lol. The last time it was activated was because there was too much green in one day.

ositadima1:
I’m surprised the circuit breaker hasn’t been triggered yet, lol. The last time it was activated was because there was too much green in one day.

Ginalex:
FBNH 29+, UBA 34+, GTCO 77+, Zenith 54+ ati béèbéèlo Oyedele you'll be judged

sophy17:
That guy won’t listen to you. He can see what is happening. He and his committee members of about 15 people were paid about 4.8b naira for this tax review job.

The NGX reaction of mass sell off is the loudest message. Even up till now, despite passing the law some months ago they don’t have any tangible framework or structure in place for implementation.

The government will have no choice but to learn the hard way

Ginalex:
😸😸😸😸 Oyedele don buy market

KarlTom:
I feel for those who took the UBA RI at 50

PETERiCHY:
Soft reminder 🎗️..

ACCESS value Zone is circa #15

OANDO value Zone is circa #30

know this and know PEACE ✌️

BARGAIN HUNTERS TAKE NOTE!

Raider76:
I think nothing short of a clear announcement will stem this tide.

zendi:
May God save the NGX from CGT fever with resultant bear in Nov/Dec '25.

chimex38:
Can swing both ways.
Those selling are targeting RI at 7.
Price from ₦7 to ₦10 is a 42% upside.
Even @ ₦9 it's about 30% upside.
meaning some won't also mind selling at 9 either.

It's a demand and supply tuzzle between PO and RI.

PETERiCHY:
BARGAIN PRICES FOR GENERATIONAL WEALTH TRANSFER.....

GTCO = #45

ZENITH = #25

FBHN = #18

ACCESS =#10

UBA = #15

ETI =#15

FIDELITY=#10

FCMB =#5

BUY ABOVE THOSE AFOREMENTIONED PRICES @t your own peril .

BARGAIN HUNTERS TAKE NOTE!

KarlTom:
I feel for those who took the UBA RI at 50

ositadima1:
I’m surprised the circuit breaker hasn’t been triggered yet, lol. The last time it was activated was because there was too much green in one day.

Ginalex:
FBNH 29+, UBA 34+, GTCO 77+, Zenith 54+ ati béèbéèlo Oyedele you'll be judged

dangle:
Circuit breaker needs to be activated. ASI down by 5.03% in a day!

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?