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
-
Rising Food Prices Drive Inflation To 34.6% High
Nigeria’s inflation rose to 34.60 per cent in November 2024, reflecting a 0.72 per cent increase from October’s rate of…
Read More » -
ILO Advocates Living Wage For Workers
The International Labour Organisation has revealed that while real wages have shown a 2.7 per cent growth globally—the highest in…
Read More » -
Equity Market Reverses Gain With N63bn Loss
The Nigerian equity market ended the first trading day of the week on a downward note, reversing recent gains with…
Read More » -
Foreign Investments In Telecoms crash by $99m – NBS
Foreign investments in Nigeria’s telecommunications sector fell sharply to $14.4m in the third quarter of 2024, marking an 87 per…
Read More » -
OPS Urges Sustenance As Naira Gains N137/$
The naira appreciated by N137.69 against the United States dollar within a week, following the introduction of the Central Bank…
Read More » -
Low-Income Earners Can Withdraw Total Retirement Savings — PENCOM
Low-earning pensioners are now permitted to withdraw their total retirement savings en bloc or continue to receive their monthly pension…
Read More » -
Manufactured Goods Export Up 118% To N749.5bn In H1’24
Revenue from the export of manufactured goods from Nigeria rose by 118.33 percent to N749.52 billion in the first half of…
Read More » -
Don’t ‘Japa’, CBN Building Economy For Everyone To Thrive – Cardoso begs Nigerians
Governor, Central Bank of Nigeria, Mr. Olayemi Cardoso has advised Nigerians against leaving the country (Japa). He assured that the…
Read More » -
AuG Uncovers N14bn Tax Fraud In Over 30 Agencies
A report by the Auditor-General of the Federation has unearthed tax irregularities amounting to N14.33bn across more than 30 Ministries,…
Read More » -
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 »