₦airaland Forum

Princkez:
GUINNESS #22.5 almost on bid...

Intendy:
on which day did it close at #6.10k , cause reference prices are closing prices

Intendy:
Stock with new 52 week highs

Ucap #6.05k

ukay2:
The bear will ambush more operation lafia-dole troops tommorrow

ojeysky:
You were right thanks to dangcem

seyisanya:
I doubt if there is need to wait until the end. It's a bearish bear!

rebekah2011:
There are no taxes on the sale of shares. What you have are brokers commissions, Vat, stamp duty CSCS and SMS alert. stocks and shares are exempted from tax.

TwiceASGiant:
Hello All,

I would like you to share your knowledge and insights with me on this tax matter.

Assume that you're working for a multi-national company in Lagos and you periodically set aside around 60% of your net monthly pay and invest same into the shares of well-run companies listed on the NSE.

Assume further that at the end of ten years of working with the multi-national company, you decide to resign and incorporate your own company by being a distributor for the multi-national company's products.

However, before the incorporation of your company, you sold all your overvalued shares in your personal name and moved the proceeds into your newly incorporated company's bank account. In this case, would the person be liable to pay any tax to the Lagos Internal Revenue Service (LIRS) or the FIRS based on the proceeds from his liquidated shares?

Thank you.

Mcy56:
GUINNESS:
Bids far outweigh offers......
Quite a large transaction yesterday also.
@samguru come and hint us what's cooking here.....

F. U. G. A. Z:
Quite a lot of red here...........typical of approaching results?

OBAGADAFFI:
Guys any news about the AIICO bonus?

wisdom2345:
Hello guys! Please what do we think of insurance companies?

Also please is there any news on flourmills
Thanks house

Gift7428:
Where are they? Can I find them online?

Meristem 213, Herbert Macaulay Way, Yaba,Lagos

Cardinal Stone is also on Herbert Macaulay Way,Sabo to be precise Lagos

Gift7428:
Hello everyone,
Please assist me in accessing my deceased father's stock.

His death occurred in 2003.
Bought some shares of Mobil,Guaranty Bank and
Vita form.
All the details are in my hands. My mother just shared this information with us, and I'm really not sure why. Thank you.

Willie2015:
Why Guinness ?

BAMOFIN1:
@longlife, @samguru please do have any info indicating that NPFMCRFBK will NOT pay dividend for 2020 year end? I read thorough above report and there is a confusing sentence that the management has not recommended payment of 20k dividend. At page 52 the report states: 'The Board of Directors, pursuant to the powers vested in it by the provisions of Section 379 of the Companies and Allied Matters Act of Nigeria
(CAMA), 2020, has not proposed a final dividend of 20 kobo per share (31 December 2019: final; 20 kobo) from the retained earnings account
as at 31 December 2020. This is subject to approval by shareholders at the next Annual General Meeting'. Am I misreading?

megawealth01:
i laugh una on SPANISH

emmanuelewumi:
CBN didn't and can't ban crypto currency trading in Nigeria. It is beyond their power.

They only instructed banks not to allow their channels to be used for such transactions

veecovee:
Pls get me informed when they start paying

sonofElElyon:
I understand that companies usually buy out shareholders at a premium when they want to delist from the stock exchange.. is it therefore wise to buy union diagnostics now in anticipation of the buy out at a premium?

Monday696:
Fjdso has posted their financial year result. Anticipate mad bull in Fidson share price tomorrow.

OBAGADAFFI:
Union Diagnosis will be delisted

Heishere:
Oga me I am not a baby o. I have white moustache. Thanks for the correction though