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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FG pledges skills development to deepen $420bn economy
The Federal Government has pledged to continue skills acquisition programmes across Nigeria to deepen the economy estimated at $420bn.…
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N2tn indirect taxes paid in nine months – Report
Amid an economic downturn and rising inflation, the tax burden on Nigerians in the first nine months of 2022 increased…
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FG Targets Sorghum Value Chain to Boost Food Security
The Federal Government will progressively produce Sorghum toward meeting the country’s food and industrial demand in the face of climate…
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Euro Zone Bailout Fund To Get New Head From Luxembourg
Luxembourg’s former finance minister Pierre Gramegna is likely to take over the euro zone’s bailout fund, the European Stability Mechanism…
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Hyundai Motor AND SK On To Build $1.9 Billion JV Battery Plant In U.S. – Report
South Korea’s Hyundai Motor Co and SK on plan to invest about 2.5 trillion won ($1.88 billion) to build a…
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Raedial Holdings Kicks Off Operations in Lagos
Raedial Holdings Limited, a holding company with subsidiaries in the agricultural, finance and hospitality sector has expanded its operations…
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Inflation hits bottled water producers, prices may soar
The Association of Table Water Producers of Nigeria has announced plans to shut down operations, and hike prices of sachet…
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Emefiele to speak on economic outlook
The Governor, Central Bank of Nigeria, Dr. Godwin Emefiele, will address stakeholders on economic and financial markets development on…
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New naira: CBN, EFCC to track large withdrawals
The Governor of the Central Bank of Nigeria, Godwin Emefiele has said that it would work with law enforcement agencies…
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Buhari Unveils Re-Designed Naira Notes
President Muhammadu Buhari on Wednesday finally unveiled the re-designed Naira Notes as proposed by the Central Bank of Nigeria (CBN).…
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CBN moves to curb inflation as interest rate jumps to 16.5%
• Presents new naira notes to Buhari today • Standing deposit at 17.5% shows inflation rate manipulated, says expert Raising…
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36 million Nigerians lack access to financial services – CBN
The Director of Information Technology at the Central Bank of Nigeria, Rakiyat Mohammed, has said that about 36 million Nigerians…
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Global unemployment worsening, says ILO
Unemployment and inequality will rise because multiple economic and political crises are threatening labour market recovery worldwide, according to the…
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Petrol, electricity subsidies hurting poor Nigerians – W’Bank
The World Bank has said that subsidies benefit only rich households and reduce government spending on poor Nigerians. This…
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FG boosts local production for forex earnings
The Federal Government is targeting zero rejection of Nigerian products at the global market to drive foreign exchange earnings…
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DMO seeks N100bn for road construction
The Debt Management Office has announced the offering of N100bn Ijarah Sukuk bonds for subscriptions. The proceeds would be…
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IMF knocks Nigeria’s fiscal, monetary policies
The International Monetary Fund has faulted the Central Bank of Nigeria’s monetary policy, saying that it has been ineffective in…
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MAN laments 20% tax, says N409bn loss imminent
The carbonated soft drinks sub-sector of the Manufacturers Association of Nigeria has knocked the Federal Government over the proposed 20…
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Naira redesign: CBN launches countdown clock
The Central Bank of Nigeria has launched a countdown clock on its website for the January 31, 2023 deadline for…
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Rice, Maize Production To Slump 11.5% – AFEX
The Nigerian commodities market player, AFEX has projected an average decline in production of up to 11.5 per cent across…
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