Login to your account

Username *
Password *
Remember Me

In a circular to stockbroking firms on Wednesday, the Nigerian Stock Exchange (NGSE) indicated that with effect from February 1, VAT charged on commissions applicable to capital market transactions will increase from 5% to 7.5%.

Starting from Monday February 3, 2020, the first trading session after the effective date of the new VAT rate, a 7.5% VAT shall be charged on the following Fees:

  • Brokerage Commission
  • Securities and Exchange Commission (SEC)
  • Nigerian Stock Exchange (NSE)
  • Central Securities Clearing System (CSCS)

 

We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Use.