ASSETS & FINANCIALS
Assets and Financial is MMS Plus featured news items on the capital and money market. It takes you into the financial and stock world, with company performance measurement
-
Naira Drops To 1690.37/$ As Dollar Supply Falls
The naira weakened by 2.31 per cent or N38.12 on Monday at the National Autonomous Foreign Exchange Market to N1690.37/$…
Read More » -
Nigeria’s Debt To IDA Hits $17bn – Report
Nigeria has retained its position as the third-largest debtor to the World Bank’s International Development Association, with its exposure climbing…
Read More » -
Tinubu May Present N47tn 2025 Budget To N’Assembly Today
The Federal Government on Thursday approved the Medium-Term Expenditure Framework for 2025 – 2027 and Fiscal Strategy Paper. According to…
Read More » -
Zenith Bank Completes IT Infrastructure Migration
Zenith Bank Plc said it now has a robust technology infrastructure in the industry following the completion of its IT…
Read More » -
Tax Bills Not Threat To Revenue-Collecting Agencies – FIRS
Chairman of the Federal Inland Revenue Service, Zacch Adedeji, has dismissed concerns that the four tax bills currently before the…
Read More » -
FG launches 9-month window to allow deposit of undisclosed foreign currencies in banks
The Federal Government of Nigeria has launched a 9-month window for Voluntary Currency Disclosure, Depositing, Repatriation, and Investment Scheme, also…
Read More » -
Boeing eyes aircraft leasing for Nigerian airlines within 24 months
Boeing has announced its commitment to coordinate with global lessors to prioritize Nigerian airlines with concrete plans for aircraft leasing…
Read More » -
NRC grants CCECC license to operate freight services
Nigerian Railway Corporation grants CCECC three-year license to operate freight services on Lagos-Ibadan Railway The Nigerian Railway Corporation (NRC) has…
Read More » -
Tinubu rejects NEC’s proposal to withdraw tax bill
President Bola Tinubu has rejected the National Economic Council’s (NEC) proposal to withdraw the controversial tax reform bill, insisting the…
Read More » -
Current Reforms Position Economy For Fresh Growth – Cardoso
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that current reforms being implemented by the government…
Read More » -
Naira Devaluation Pushes FG, States Debts To N134tn
Nigeria’s total public debt stock surged by N12.6tn in three months to N134.3tn ($91.3bn) by the end of the second…
Read More » -
N250bn Debt: Telcos Seek NCC Approval To Stop Bank Transfer Services
Nigeria’s telecom operators are pushing for regulatory approval from the Nigerian Communications Commission to withdraw Unstructured Supplementary Service Data services…
Read More » -
105 Bankers Involved In N59bn Fraud – Report
The Nigerian banking sector is battling with fraudulent activities amid mounting economic challenges, findings by media source show. An analysis…
Read More » -
MTN Will Shut Down Without Tariff Hike — CEO
MTN Nigeria, the country’s largest telecom operator, has stressed the urgent need for the telecommunications sector to return to profitability…
Read More » -
Telcos, Subscribers Reject 5% Excise Duty
Nigeria’s telecommunications sector has again strongly rejected the Federal Government’s attempt to reintroduce a 5 per cent excise duty on…
Read More » -
Naira Weakens To 1,705/$ At Parallel Market
The value of the naira depreciated at the unofficial market on Wednesday as it traded at 1,705/dollar, according to Bureau…
Read More » -
Equity Market Loses N539bn In One Week
The Nigerian stock market experienced a decrease of N539 billion in the past week, with the All-Share Index and market…
Read More » -
NGX, JSE To Collaborate On Governance
In a move to enhance the country’s capital market, the Nigerian Exchange Group, led by its Group Chairman, Umaru Kwairanga,…
Read More » -
Cash Transfer: FG Releases N24bn To 991,261 Households
The Federal Government has disbursed N24.78bn under the National Cash Transfer programme to 991,261 poor households as part of efforts…
Read More » -
FG Offers N150bn Bonds
The Debt Management Office has announced that the Federal Government was offering three bonds worth N150bn for the September…
Read More »