How will I be taxed on my demutualization benefits? If you receive a share, there is no immediate tax consequence. The adjusted cost base of the share is zero. However, when you sell or dispose of the ...

Fidelity Bank underwent the exciting process of demutualization — transforming from a mutual organization into a publicly ...

Approves N4.4bn Dividend As Profit Rises By 157.3 The Nigerian Exchange Group Plc (NGX Group) has announced its audited ...

Futures industry conference started when Gerald Ford was US President and the Dow Jones Industrial Average was three figures.

Demutualization is a process of conversion of a life insurance company from a mutual company owned by policyholders, to a shareholder-owned company. Under this process, shares, cash, or other benefits ...