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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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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AFCON 2025 Records Highest Revenues In History – CAF
The Confederation of African Football has said that the TotalEnergies Africa Cup of Nations Morocco 2025 has become the most…
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MultiChoice Nigeria Appoints New CEO
MultiChoice Nigeria has appointed Kemi Omotosho as its new chief executive officer, with the appointment taking effect from January 2026,…
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Zichis Agro-Allied Industries Plans N1.09bn Listing
Zichis Agro-allied Industries Plc has announced plans to list shares valued at N1.09bn on the Nigerian Exchange Limited through a…
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Banks Slash Loans To Manufacturers, Traders By N2.1trn
At the backdrop of the challenges confronting the manufacturing sector, including structural bottlenecks, weak consumer demand and high interest rate, banks slashed…
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Heritage Bank Liquidation: NDIC Recovers Additional N24.3bn For Depositors
The Nigeria Deposit Insurance Corporation has recovered an additional N24.3bn from the assets of the defunct Heritage Bank Limited to…
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Stock Market Crosses N100trn Mark On Strong Early-Year Deals
Fresh buying interest swept across the Nigerian Exchange Limited, NGX, in the opening sessions of yesterday trading, lifting total market…
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Nigeria Reaffirms Commitment To Strategic Trade Partnership With China
Nigeria has reaffirmed its commitment to strengthening strategic, bilateral trade and economic partnership with China, reflecting positively on the progress recorded…
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Naira Opens 2026 Stronger At 1,430.84/$
The naira started the first trading day of the New Year on a stronger note, riding on gains from relative…
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