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
-
US Supports 18,000 Nigerian Small Businesses With $244m
Joe Biden The United States has extended its support to 18,000 small businesses in Nigeria to boost economic development and…
Read More » -
CBN Moves For New Forex Rules As Finance Minister Expects $10billion Inflow
Mr. Olawale Fasanya Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun on Monday said that the economy…
Read More » -
FIRS Assures Companies No Tax Increment
The Acting chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has allayed fears being expressed by corporate organisations…
Read More » -
Naira Volatility: ABCON Seeks BDCs Engagement
Alhaji Aminu Gwadabe The President, the Association of Bureau De Change Operators of Nigeria, Dr. Aminu Gwadabe, says achieving a…
Read More » -
Dangote, Honeywell, Others Enjoyed N390.26bn Tax Waivers In Two Years
About 71 companies enjoyed N390.26bn pioneer status incentives in two years, according to findings by media. Data obtained from the Federal…
Read More » -
FG Pegs FX Rate At N700/$ As Overhead Costs Spike N26tr 2024 Budget
• To present supplementary budget, 2024-2026 MTEF, others to NASS • Pegs crude oil at $73.96, approves $1.5b World Bank loan•…
Read More » -
Nigeria’s Inflation Rate Hits 26.72% In September– NBS
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 26.72 per cent in September 2023. The…
Read More » -
FG To Pay Nine Months N-Power Arrears From November
The Federal Government has announced its readiness to commence the payment of nine months backlogs to N-Power beneficiaries who are…
Read More » -
Banks Record 117% Increase In Customers’ Complaints
The complaints of customers to five banks rose by 117 per cent to 6,865,217 year-on-year as of June 2023 from…
Read More » -
Total Exports From Nigeria, Others To Hit $952 Billion By 2035
. As indices rise by N18b amid gains in Unilever, 21 stocks Standard Chartered Bank has predicted that Africa’s total…
Read More » -
CBN Lifts Restrictions On 43 Items, Unveils Measures To Address Distortions
.Dollar sustains upward swing as pressure on supply intensifies Nigeria’s currency, the Naira, is still under immense pressure as the…
Read More » -
Era Of Exporting Raw Materials Over, Says Alake
Dele Alake Minister for Solid Minerals Development, Dr Oladele Alake, has restated the overarching policy of value addition by any…
Read More » -
Lower Inflation, Protect Poor Citizens, IMF Tells Nigeria
Wale Edun, Minister of Finance The International Monetary Fund on Tuesday commended the Nigerian government for removing the fuel subsidy…
Read More » -
Naira-Dollar Exchange Rate Falls To N1,040 In Parallel Market
The exchange rate between the naira and the dollar has dropped to N1,040 in the parallel market. The ongoing trend…
Read More » -
Clear Forex Backlog To Boost Naira Confidence, Lemo Tells CBN
Tunde Lemo A former Deputy Governor, Central Bank of Nigeria, Dr Tunde Lemo, has advised against the free floating of…
Read More » -
Why NNPCL Should Be Probed
Mele Kyari, GCEO, NNPCL Arewa group, under the auspices of Mega National Movement for Good Governance (MNMGG), has called on…
Read More » -
Food Inflation Soars, Naira Weakens 40% Against Dollar
A report by the Nigeria Bureau of Statistics (NBS) has shown that Capital importation into Nigeria dropped by 9 percent…
Read More » -
New Listing, Consumer Goods Stocks Drive NGX Gain By N140bn
Nigerian Stock Exchange The Nigerian Exchange Limited on Thursday closed positive with a gain of N140bn added to investors’ wealth…
Read More » -
Trade Is Important For Women’s Economic Empowerment, Says WTO
Dr Ngozi Okonjo-Iweala Director-General, World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, has stressed the importance of trade in supporting women-led small…
Read More » -
Equity Market Rebounds As Investors Gain N213bn
The Nigerian Exchange Limited on Tuesday halted seven days of bearish trading to close the market with a gain of…
Read More »