Windfall – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Mon, 29 Jul 2024 08:58:48 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Windfall – InfoStride News https://www.theinfostride.com 32 32 Windfall tax spooks investors as bank stocks fall to lowest level in a month https://www.theinfostride.com/windfall-tax-spooks-investors-as-bank-stocks-fall-to-lowest-level-in-a-month/ https://www.theinfostride.com/windfall-tax-spooks-investors-as-bank-stocks-fall-to-lowest-level-in-a-month/#respond Mon, 29 Jul 2024 08:58:48 +0000 https://www.theinfostride.com/?p=385795 Nigerian banks sustained a bearish run last week as investors reacted to the planned 70% windfall tax to be imposed on the capital gains earned from forex between 2023 and 2025. Data from the NGX indicate the Banking Index fell 2.9% during the week taking the month to date losses to 1.32%. The Nigerian Banking [...]

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