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Edun Calms Market Jitters, Promises Fair Capital Gains Tax As NGX Lists N100 MREIF To Tackle Housing Deficit

  • Bias Rating
  • Reliability

    40% ReliableAverage

  • Policy Leaning

    -44% Medium Left

  • Politician Portrayal

    N/A

Bias Score Analysis

The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.

Sentiments

Overall Sentiment

18% Positive

  •   Liberal
SentenceSentimentBias
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Bias Meter

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-100%
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100%
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Bias Meter

Contributing sentiments towards policy:

58% : He urged the government to implement the Capital Gains Tax in a manner that preserves investor confidence.
57% : "Policies such as the Capital Gains Tax must balance government revenue objectives with investor confidence and market growth.
54% : "We have noted the concerns around the Capital Gains Tax and will continue to engage with the capital market to ensure decisions deliver optimal outcomes for both Nigerians and the market," he said.
53% : " Responding, Edun reassured investors that the government had taken note of concerns surrounding the Capital Gains Tax and would maintain open engagement with market stakeholders to ensure fair and growth-oriented outcomes.
52% : The event came amid cautious investor sentiment as the equities market navigates multiple headwinds -- from the proposed implementation of the Capital Gains Tax (CGT) and the ongoing US-Nigeria diplomatic rift to year-end portfolio adjustments and profit-taking by institutional investors.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.

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