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
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Bulls run pushes market indices further by N58b
The Nigerian equity market trading session extended positive outlook, as investors’ wealth increased by N58 billion on high capitalised stocks.…
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Nigeria, others to benefit from $100 billion BRI initiative
Nigeria and two other African countries have been selected to benefit from the Belt and Road Initiative (BRI) in excess…
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Stop illegal stamp duty deductions now, private sector tells banks
The Organised Private Sector (OPS), has called on the Federal Government to order the Central Bank of Nigeria (CBN), and…
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BPE seeks private partnership to bridge $3tr infrastructure gap
The Director-General, Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh, has said the next phase of Federal Government’s Reform and…
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Government claims nation’s N24.38tr debt profile sustainable
To pay N1.3b claims to 497 relatives of deceased civil servants The Federal Government stated yesterday that there was no…
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Sign minimum wage Bill now, Labour tells Buhari
• Why we launched micro-pension plan, by Pencom •Kwara ex-workers demand two years salary arrears Organised labour under the aegis…
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Selloff persists as stock market plummets further by N2bn
The dominance of the bears has continued unabated on the equity sector of the Nigerian Stock Exchange (NSE), even as…
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JAIZ Bank posts N834m profits for 2018
A premier non-interest bank in Nigeria, Jaiz Bank Plc, has posted a profit after tax of N834 million for the…
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N20 billion Osara water project to generate over 1,000 jobs
Principal Consultant, Bilvisco Investments Ltd, Williams Omojasola has said that the Osara Water Distribution Project, sited in Kogi Central Senatorial…
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FIRS readies new automation for VAT charge on lottery, betting
•Operators kick, allege poor consultations The Federal Government, yesterday, in Lagos, engaged the lottery and gaming operators, as it unveiled…
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Government’s misleading debt narrative and N24.4 trillion challenge
The rate at which government officials go about telling Nigerians that there is no debt crisis, even with mounting evidence…
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Experts call for market review to tackle confidence issues
Financial experts at the weekend called for a review of the nation’s capital market activities, in line with the current…
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Afreximbank unveils digital ecosystem to capture $60b informal trade
African Export–Import Bank (Afreximbank) has said it is creating a digital ecosystem that will eliminate major bottlenecks to trade and…
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Stock market reopens bearish as indices plunge by N206b
Following price losses incurred by most blue-chip stocks, transactions on the trading floor of the Nigerian Stock Exchange (NSE) reopened…
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Travelex, ABCON target $20b diaspora remittances in new partnership
Travelex Nigeria and the Association of bureaux De Change Operators of Nigeria (ABCON) are scripting a strategic partnership that will…
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‘Why Africa’s regional trade remains low’
*How private sector participation can connect markets, enhance competitiveness, others *Fidelity reaffirms support for Nigerian exporters and MSMEs With Africa’s…
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Reactions trail Central Bank of Nigeria’s rates cut
Reactions have continued to trail Tuesday’s reduction of Monetary Policy Rate (MPR) to 13.5 per cent by the Central Bank…
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RMBN reaffirms commitment to India-Africa trade
Rand Merchant Bank Nigeria (RMBN) has restated commitment to the development of trade between India and Africa, thereby extending its…
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ECA advocates review of extractive industry agreements in Nigeria, others
Natural resource-rich African countries should consider revising existing agreements with multinational corporations operating in their countries to see that they…
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CBN tweaks 32-month-old policy rate, opts for growth
The Central Bank of Nigeria (CBN) yesterday took local and international investors by surprise, cutting the 32-month-old Monetary Policy Rate…
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