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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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…
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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…
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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…
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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,…
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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/$…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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Naira Devaluation Pushes FG, States Debts To N134tn
Nigeria’s total public debt stock surged by N12.6tn in three months to N134.3tn ($91.3bn) by the end of the second…
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N250bn Debt: Telcos Seek NCC Approval To Stop Bank Transfer Services
Nigeria’s telecom operators are pushing for regulatory approval from the Nigerian Communications Commission to withdraw Unstructured Supplementary Service Data services…
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105 Bankers Involved In N59bn Fraud – Report
The Nigerian banking sector is battling with fraudulent activities amid mounting economic challenges, findings by media source show. An analysis…
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MTN Will Shut Down Without Tariff Hike — CEO
MTN Nigeria, the country’s largest telecom operator, has stressed the urgent need for the telecommunications sector to return to profitability…
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Telcos, Subscribers Reject 5% Excise Duty
Nigeria’s telecommunications sector has again strongly rejected the Federal Government’s attempt to reintroduce a 5 per cent excise duty on…
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Naira Weakens To 1,705/$ 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…
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