Tag: Capital Bancorp
Stockbrokers will now charge 5 per cent VAT on transactions on the Nigerian Stock Exchange (NSE) as the five-year Order for Exemption of VAT on all NSE transactions expires. So what are the implications? CNBC Africa’s Christy Cole is joined by Managing Director of Capital Bancorp, Aigboje Higo, partner & West Africa Tax leader at PwC Nigeria, Taiwo Oyedele, Executive Chairman of FIRS, Babatunde Fowler and Chief Equity Analyst of Palesa Capital, Nornah Awoh for more.
Nigeria’s largest mobile operator, MTN Nigeria, says it has received approval to list on the Premium Board of the Nigerian Stock Exchange by way of introduction. The CEO of MTN Nigeria Ferdi Moolman says the company still intends to pursue a future public offer in order to give more Nigerians greater access to the MTN opportunity. Aigboje Higo, Managing Director of Capital Bancorp joins CNBC Africa to explain the process of listing by introduction.