Government Lists N1trn Real Estate Fund On Exchange For Affordable Housing

Contributing sentiments towards policy:

55% : Speaking at the listing of the MOFI Real Estate Investment Fund on the Nigerian Exchange on Tuesday, Edun said the CGT, a part of a series of tax reform measures by the government, which have generated concerns from investors and brokers alike, would be looked into to allow "optimum results". "We have heard what you have said about capital gains tax.
50% : " Nigeria is tripling the capital gains tax for foreign equity investors from 10 per cent, a move analysts say is likely the reason for the bearish trend in the market, which has shed about eight per cent in one week.
35% : Also, the minister of finance and the coordinating minister of the economy, Wale Edun, said there were talks to review the controversial capital gains tax (CGT) ahead of its implementation next January.

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