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About Securing Wealth: A Safe Place For Your Precious Materials

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precious materials

Many individuals from today’s generation are highly curious about financial security. It is strongly evident through the lives of the younger generation who have early worries about the future that made them embark on understanding more about financial matters. This can easily be proven by how people are taking charge of their finances by embarking on their journey towards business and other forms of investment. This simply shows how people are taking financial security seriously.

With the uncertainty of life, securing wealth really matters!

In these times, financial security has become more vital than ever before. It is strongly evident in the society today. Seeing people who are embarking on their journey toward understanding the financial market and how to grow and keep their assets shows how people really value money today.

About Securing Assets Today

Among the assets that people are getting hooked on are precious metals like gold, silver, platinum, and palladium. People who possess these kinds of assets want to be assured that it is secured in a safe place.

Securing assets has become a challenge today. Knowing how society has become more political and risks are just around the corner, it is important to think of strategies that will not just keep the said precious materials safe but will make you grow even more when it comes to such assets.

There will always be threats in wealth security, which made way for J. Rotbart & Co. stands for individuals who are looking for a trusted company that commits to providing a safe place for their precious materials. Here, they are confident that they will protect the overall wealth of their clients. With their deep understanding of the ever-changing economy and emerging threats in wealth security, they already built a strong reputation of reliability and trustworthiness because of their unique approaches to safeguarding wealth.

Discover The Trusted Services of J. Rotbart & Co.

J. Rotbart & Co. is simply known for its commitment to providing a safe haven for precious metals for its clients. Aside from ensuring wealth security, they also provide investment and management of precious metals.

  • Do you want to buy or sell gold and other precious metals?

               –If yes, this is the most trusted company to buy and even sell precious metals, such as gold, silver, platinum, and palladium. Here, the company will provide assistance and guidance on the buying and selling processes.

  • Where to store my precious metals?

              –Many people love to invest in precious metals. With the continuous accumulation of these tangible assets, it is important to keep them safe and secure. A great solution is to store it at J. Rotbart & Co. which offers storage solutions in protecting valuable assets.

  • Do you want to transport those precious metals?

            –There is really a big risk when transporting precious materials. That is why it is important to acquire such services from the most trusted company offering the transport of precious metals securely.

J. Rotbart Gold, Silver, Platinum, and Palladium are secured. From acquisition to transportation and even storage, it is rest assured that comprehensive security approaches are applied and being practised here.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

Economy

NBA Demands Suspension of Controversial Tax Laws

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four tax reform bills

By Modupe Gbadeyanka

The federal government has been asked by the Nigerian Bar Association (NBA) to suspend the implementation of the controversial tax laws.

In a reaction to the tax reform acts, the president of the group, Mr Afam Osigwe (SAN), the suspension of the laws would allow for a proper investigation into allegations of alterations in the gazetted and harmonised copies.

A member of the House of Representatives, Mr Abdussamad Dasuki, alleged that some parts of the laws passed by the parliament were different from the gazetted copy.

To address the issues raised, the NBA said it is “imperative that a comprehensive, open, and transparent investigation be conducted to clarify the circumstances surrounding the enactment of the laws and to restore public confidence in the legislative process.”

“Until these issues are fully examined and resolved, all plans for the implementation of the Tax Reform Acts should be immediately suspended,” the association declared.

It noted that the controversies “raise grave concerns about the integrity, transparency, and credibility of Nigeria’s legislative process.”

“These developments strike at the very heart of constitutional governance and call into question the procedural sanctity that must attend lawmaking in a democratic society,” it noted.

“Legal and policy uncertainty of this magnitude has far-reaching consequences. It unsettles the business environment, erodes investor confidence, and creates unpredictability for individuals, businesses, and institutions required to comply with the law. Such uncertainty is inimical to economic stability and should have no place in a system governed by the rule of law.

“Nigeria’s constitutional democracy demands that laws, especially those with profound economic and social implications, emerge from processes that are transparent, accountable, and beyond reproach. Anything short of this undermines public trust and weakens the foundation upon which lawful governance rests.

“We therefore call on all relevant authorities to act swiftly and responsibly in addressing this controversy, in the overriding interest of constitutional order, economic stability, and the preservation of the rule of law,” the organisation stated.

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Economy

MRS Oil, Two Others Raise NASD Bourse Higher by 0.52%

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MRS Oil voluntary delisting

By Adedapo Adesanya

Demand for hot stocks, including MRS Oil Plc, buoyed the NASD Over-the-Counter (OTC) Securities Exchange by 0.52 per cent on Tuesday, December 23.

The energy company was one of the three price gainers for the session as it chalked up N19.69 to sell at N216.59 per share versus the previous day’s value of N196.90 per share.

Further, FrieslandCampina Wamco Nigeria Plc gained N2.95 to close at N56.75 per unit versus N53.80 per unit and Golden Capital Plc appreciated by 84 Kobo to N9.29 per share from Monday’s N8.45 per share.

Consequently, the market capitalisation went up by N10.95 billion to N2.125 trillion from N2.125 trillion and the NASD Unlisted Security Index (NSI) rose by 18.31 points to 3,570.37 points from 3,552.06 points.

Yesterday, the NASD bourse recorded a price loser, the Central Securities Clearing System Plc (CSCS), which gave up 17 Kobo to close at N33.70 per unit against the previous trading value of N33.87 per unit.

The volume of securities traded at the session went down by 97.6 per cent to 297,902 units from the previous day’s 12.6 million units, the value of securities decreased by 98.5 per cent to N10.5 million from N713.6 million, and the number of deals remained flat at 32 deals.

By value, Infrastructure Credit Guarantee Company (InfraCredit) Plc ended as the most actively traded stock on a year-to-date basis with 5.8 billion units exchanged for N16.4 billion. This was followed by Okitipupa Plc, which traded 178.9 million units valued at N9.5 billion, and MRS Oil Plc with 36.1 million units worth N4.9 billion.

In terms of volume, also on a year-to-date basis, InfraCredit Plc led the chart with a turnover of 5.8 billion units traded for N16.4 billion. Industrial and General Insurance (IGI) Plc ranked second with 1.2 billion units sold for N420.7 million, while Impresit Bakolori Plc followed with the sale of 536.9 million units valued at N524.9 million.

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Economy

NGX All-Share Index Soars to 153,354.13 points

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All-Share Index NGX

By Dipo Olowookere

It was another bullish trading session for the Nigerian Exchange (NGX) Limited as it closed higher by 0.59 per cent on Tuesday.

The market further rallied due to continued interest in large and mid-cap stocks on the exchange by investors rebalancing their portfolios for the year-end.

Yesterday, Aluminium Extrusion sustained its upward trajectory after it further appreciated by 9.96 per cent to N14.90, as Austin Laz gained 9.81 per cent to close at N2.91, Custodian Investment improved by 9.69 per cent to N38.50, and First Holdco soared by 9.35 per cent to N50.30.

Conversely, Royal Exchange declined by 7.22 per cent to N1.80, Champion Breweries shrank by 6.57 per cent to N15.65, NASCON lost 5.36 per cent to trade at N105.05, Sovereign Trust Insurance depreciated by 5.28 per cent to N3.77, and Japaul went down by 4.51 per cent to N2.33.

At the close of business, 29 shares ended on the gainers’ table and 27 shares finished on the losers’ log, representing a positive market breadth index and bullish investor sentiment.

This raised the All-Share Index (ASI) by 895.06 points to 153,354.13 points from 152,459.07 points and lifted the market capitalisation by N579 billion to N97.772 trillion from the previous day’s N97.193 trillion.

VFD Group finished the day as the busiest stock after it recorded a turnover of 192.0 million units worth N2.1 billion, GTCO exchanged 63.5 million units valued at N5.6 billion, Access Holdings traded 49.8 million units for N1.0 billion, First Holdco sold 45.8 million units valued at N2.3 billion, and Secure Electronic Technology transacted 38.3 million units worth N28.4 million.

In all, market participants bought and sold 677.4 million units valued at N20.8 billion in 27,589 deals compared with the 451.5 million units worth N13.0 billion traded in 33,327 deals on Monday, showing an improvement in the trading volume and value by 50.03 per cent and 60.00 per cent apiece, and a shortfall in the number of deals by 17.22 per cent.

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