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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30 Banks Meet Recapitalisation Threshold
The Central Bank of Nigeria has officially confirmed that 30 banks have successfully met the new minimum capital requirements under…
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FCMB Hits N288.96bn Capital Base, Awaits CBN Nod
FCMB Group Plc has reached a pivotal milestone in its race to meet the Central Bank of Nigeria’s new capital…
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Full List: Dangote Leads Nigeria’s Four-Man Entry On Forbes Africa Billionaires List
Nigeria’s Aliko Dangote has retained his position as Africa’s richest person, topping the Forbes 2026 Africa Billionaires ranking with an…
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Alibaba Plans $1.5m Grants For African Startups
Alibaba Philanthropy and the Jack Ma Foundation are offering $1.5 m in grants to African entrepreneurs developing innovative solutions to…
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FG Commits 5% Of GDP To Boost Manufacturing
The Federal Government has stated that it will channel up to five per cent of Nigeria’s Gross Domestic Product annually…
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Remittance Of 1% Nigerian Content Levy Still Mandatory — NCDMB
The Nigerian Content Development and Monitoring Board (NCDMB) has reminded operators, contractors and service companies in Nigeria’s upstream oil and gas…
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Naira Could Hit N1,100 To $1 In 2026, Says Dangote
The Aliko Dangote, Chairman of the Dangote Group, has predicted a significant strengthening of the naira, saying the currency could…
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FG To Borrow N800bn Via February Bonds
The Debt Management Office has unveiled plans to raise N800bn through its February 2026 Federal Government bond auction, reflecting a…
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65% Nigerians Demand Lower Interest Rates As MPC Convenes –Report
As members of the Monetary Policy Committee of the Central Bank of Nigeria prepare for their next meeting, fresh survey…
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Insurance Consortium Disburses N181.9m To Northern Herders
The Index-Based Livestock Insurance Consortium has disbursed about N181.92m to livestock herders from Adamawa, Bauchi, and Plateau States. This was…
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Capital Importation Hits $21bn In 10 Months —Minister
Nigeria’s capital importation surged to a record $21 billion within the first 10 months of 2025, a 75% leap from roughly $12…
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NDIC Steps Up Debt Recovery From Failed Banks
The Nigeria Deposit Insurance Corporation has vowed to fully use its enhanced enforcement powers granted by the NDIC Act 2023…
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Nigeria Must Reduce Debt Reliance, Says Edun
Nigeria must reduce its dependence on borrowing and build a stronger, more reliable domestic revenue base to stabilise its finances…
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Lagos To Establish W’Africa’s Premier International Financial Centre
The Lagos State government is set to establish the premier International Financial Centre in the West African regional bloc. According…
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BoI Gets CBN Approval For Non-Interest Banking
The Bank of Industry has received regulatory approval from the Central Bank of Nigeria to operate a Non-Interest Banking window,…
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Open Banking Roadmap Coming In Three Months — CBN
The Central Bank of Nigeria will issue an implementation roadmap for Open Banking within three months, aiming to bridge technical…
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Every Individual Must File Tax Returns By March 31 – Oyedele
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has urged Nigerians to file their annual…
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Naira Breaks N1,400 Barrier At N1,396.99/$
Nigeria’s naira has traded below the N1,400/$1 level on the official market for the first time in over a year,…
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Nigerian firms secured $2.5bn World Bank deals – Official
The World Bank has revealed that Nigerian companies have emerged as one of the biggest beneficiaries of development procurement globally,…
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Recapitalisation: 20 Banks Hit Capital Mark Ahead Of Deadline
The Central Bank of Nigeria has said that about 20 deposit money banks have already met the new capital requirements…
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