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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‘Nigeria, others must deepen intra-African trade for economic integration’
Participants at the 13th African Economic Conference called on African countries to leverage the full range of their strengths and…
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Jaiz Bank partners CBN to deepen rural financial inclusion
Determined to strengthen Nigeria’s economic diversity, Jaiz Bank Plc, is partnering with the Central bank of Nigeria (CBN), to promote…
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Govts Urged to Establish Entrepreneurial Hub to Tackle Poverty
The federal and state governments have been advised to set up private sector-led initiatives such as an entrepreneurial hub to…
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SEC, stakeholders reiterate commitment to developing nation’s bourse
The Securities and Exchange Commission (SEC), in collaboration with other stakeholders have adopted strategies to improve key areas in the…
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GSMA highlights policy reforms to lift Nigeria’s economy
Says country has potential to connect 55% Nigerians by 2025 The Global System for Mobile Telecommunications Association (GSMA), has said…
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Nigeria gets fresh $200m loan to finance electricity projects
The Federal Government has been granted $200 million loan for the funding of the nation’s electrification project.“The Board of Directors…
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Market indices depress further over persistent free fall in equity prices
The continued free fall in equity prices, which indicates a low buying interest among the investor-community, has resulted to another…
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Reserves rebound to N42 billion as interbank market gets $541 million
The nation’s foreign exchange reserves, at the weekend, halted a four-month decline, adding $477 million, accumulated in three trading days,…
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Tightening noose against policy riggers of ‘41 items’
Why interventions are not quick fixes of structural gaps CBN insists policy option is potent, saves $21b in food imports…
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SEC DG Restates Commitment to Develop Capital Market
The Acting Director General of the Securities and Exchange Commission (SEC), Ms. Mary Uduk, thursday reaffirmed the commitment of the…
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Nigeria imports $3.3 billion steel product
• Awards N15billion contract for gold, lead Minister of State, Mines and Steel, Abubakar Bwari, has said Nigeria still imports…
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Dollar weakens as cautious Fed leads to rate-hike rethink
The dollar weakened against other major currencies on Thursday as markets took Federal Reserve Chairman Jerome Powell’s comment that U.S.…
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Nigeria’s economy is bleak, says World Bank
The World Bank has said that Nigeria’s Gross Domestic Product (GDP) growth is expected to hover slightly below two per…
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Germany invests €20m to address unemployment, migration in Nigeria
The Head of Cooperation, Embassy of Federal Republic of Germany in Nigeria, Christopher Wenzel, has said the German government has…
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As Nigeria struggles with N30,000, South Africa increases minimum wage to N126,480
South Africa has increased its minimum wage to N126,480 per month. The news is coming at a time Nigerian workers…
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Postal commission bill threatens 100,000 courier jobs– LCCI
The Lagos Chamber of Commerce and Industry has kicked against the Nigeria Postal Commission Bill currently before the National Assembly.…
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May & Baker Nigeria’s N2.45 Billion Rights Issue Closes Wednesday
Shareholders of May & Baker Nigeria Plc have only three days to take up their rights and increase their stake…
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W’Bank: Nigeria’s Fiscal Deficit May Widen
The World Bank has stated that fiscal deficits in Nigeria will likely widen further in 2018 due to increased pre-election…
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Zenith Bank sells N14.5 billion shares in one day
Speculations of a possible entry of a new investor, big enough to acquire a seat on the board of Zenith…
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CBN retains interest rates, warns banks against money laundering
The Central Bank of Nigeria (CBN) has retained its more than two-year Monetary Policy Rate (MPR) to close the 2018…
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