Wale Edun Commits to Cautious Approach on Capital Gains Tax Implementation

Wale Edun, Nigeria's Minister of Finance, pledges a cautious approach to implementing the contentious Capital Gains Tax (CGT) on securities transactions. He made this commitment during the official listing of a N1 trillion real estate investment fund on the Nigerian Stock Exchange (NGX), marking the largest real estate fund listing in the exchange's history.

Edun commended NGX for supporting President Bola Tinubu's reform agenda and expanding opportunities for retail investors. The move reflects investor confidence in ongoing macroeconomic reforms.