Stock market extended its losing streak on Thursday.

Stock market extended its losing streak on Thursday as it shed N87bn, bringing the total losses to N708bn in seven days.
The market lost N110bn on Monday, N68bn on Tuesday and N77bn on Wednesday.
On Thursday, the market capitalisation of equities listed on the floor of the Nigerian Stock Exchange dropped from N13.667tn on Wednesday to N13.580tn as the All Share Index declined by 0.64 per cent to settle at 27,864.49 basis points.
Meanwhile, Joint tax Board (JTB) says it aims to achieve tax base of 45 million people by the end of the third quarter of this year (Q1’19).
Chairman, JTB, Mr. Babatunde Fowler, disclosed this during the South-West flag-off ceremony of the Tax Identification Number (TIN) Registration System and Consolidated National Taxpayers Database.

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