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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No Relief For Naira At Parallel Market, Exchange Extends to 15%
• Japa, FX rates convergence to push diaspora remittance to $26b Naira could be facing a fresh crisis as official…
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Nigeria Tops Worldwide Joblessness Rating
Nigeria tops the list of countries with the highest rate of unemployment, according to the latest statistics released by the…
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SEC, Partners To Raise Capital For Non-oil Sector
THE Securities and Exchange Commission and the Federal Ministry of Mines and Steel Development, as well as other stakeholders, have agreed…
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UK, NGX Partner To Increase Investment
The United Kingdom, through its Foreign, Commonwealth and Development Office, has announced a partnership with the Nigerian Exchange Limited to…
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Inflation, Naira Devaluation Erode Banks’ Capital – Operators
Nigeria’s rising inflation and the recent harmonisation of the foreign exchange rates have been identified as factors that have eroded…
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BOI Advises Entrepreneurs On Innovative Solution
The Managing Director and Chief Executive Officer of the Bank of Industry, Olukayode Pitan, has urged entrepreneurs to envision a…
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External Reserves Shed $167.2m As Naira Slumps Further
The country’s external reserves lost $167.2m in July, as the naira fell further to the dollar. Figures obtained from the…
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FG To Support Google To Create 1 Million Digital Jobs In Nigeria
.President Bola Ahmed Tinubu in a warm handshake with Google Global Vice President, Richard Gingras, at the Presidential Villa in Abuja….…
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Nigerian Businesses To Face More Economic Hardship, Higher Cost, Lower Revenues – PwC
Nigerian businesses have been told to brace up for higher costs of doing business and lower revenue following the impact…
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Nigerian Companies To Get Special Loans From Russia
Putin Nigerian and African companies will get preferential loans from Russia to buy industrial goods from the European country and…
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Cordros Calls For Strategic Wealth Management, Transfer From Families
Cordros Capital has advised families to be strategic with wealth management and transfer plans. The company’s operators gave wealth creation…
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CAC to delist 100,000 companies from database
The Corporate Affairs Commission has said it will remove 100,000 registered companies from its database soon. During a training on…
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Nigeria, Russia pledge closer ties
Shettima and Putin President Vladimir Putin of Russia on Thursday pledged closer ties with Nigeria and other African countries, assuring…
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Google to accept naira payment on Play Store
Google has partnered with Verve to make digital transactions on Google Play Store easier for Nigerians. The firm noted that…
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Insecurity will slow Nigeria’s growth, says IMF
The International Monetary Fund has projected that Nigeria’s economic growth will decline in 2023 and 2024 due to security issues…
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CBN raises interest rate to 18.75%
The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 25…
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Forex crisis: Passengers groan as foreign airlines hike fares
Currency dealer at work Travellers are expressing their disappointment and frustrations as airfares continue to skyrocket, making it increasingly difficult…
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FG delists loan apps, vows more clampdowns
CEO, FCCPC, Babatunde Irukera The Federal Government through the Federal Competition and Consumer Protection Commission has said it will release…
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PoS operators divided as new charges commence
A group of Point of Sales operators in Nigeria have protested against the increased service charges in the country which…
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N471.82bn intervention loans recovered in six months – CBN
The Central Bank of Nigeria has said it recovered N471.82bn as cumulative repayment from the bank’s intervention programmes in the…
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