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
-
FG Saved N1.7tn From Blocked Procurement Loopholes – BPP
The Federal Government says it saved N1.7tn from 2009 to 2022 by clogging loopholes in its procurement process. The…
Read More » -
FG Hikes Passport Fees To N50,000, N100,000
The Federal Government has approved an upward review of the fees for the Nigerian passport effective from September 1, 2024.…
Read More » -
Why Minimum Wage Payment May Delay — Labour
Organised Labour has called on Nigerians to be patient with the Federal and State Governments following the delay in…
Read More » -
FG Eyes $2bn From local dollar bond sale
Players in the economy have projected that the $2bn domestic FGN US dollar bond opening Monday would have an overall…
Read More » -
External Reserves Shed $343m In Nine Days, Says CBN
Nigeria’s foreign exchange reserves dipped by $342.97m to $36.53bn in nine days, data from the Central Bank of Nigeria…
Read More » -
FG Shifts N150bn Loan Disbursement For Manufacturers To September
The Federal Government has shifted the start of the N150bn loan disbursement for manufacturers and micro, small, and medium…
Read More » -
Stakeholders Charge New PenCom Boss On Retirees’ Benefits
Advocates in the pension industry have urged the newly appointed Director-General of the National Pension Commission, Omolola Oloworaran, to…
Read More » -
Equity Market Gains N945bn Amid Renewed Bearish Concerns
The Nigerian equity market showed signs of recovery last week, posting a gain of N945bn in overall market performance. The…
Read More » -
CBN Okays Unity-Providus Merger, SEC Review Next
The Central Bank of Nigeria has okayed the merger of Providus and Unity Bank, as both financial institutions await…
Read More » -
Naira Falls To 1,621/$ At Official Market
The naira fell to a four-month low on Tuesday at the official window as it traded at 1621. 12/dollar compared…
Read More » -
Analysts Warn Of Naira Depreciation Amid N311bn Equity Sell-Off
Financial analysts have expressed concerns over the recent trend of high foreign liquidation in the Nigerian Exchange with N311.41bn worth…
Read More » -
FG’s Revenue Surpassed Budgetary Target, Says Minister
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced that the Federal Government’s revenue for…
Read More » -
Monies In Dormant Accounts Prone To Fraud – Cardoso
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that monies in dormant accounts in banks…
Read More » -
Naira Weakens To 1,523/$ At Official Market
The naira depreciated at both the official and parallel markets on Monday. At the official, Nigerian Autonomous Foreign Exchange Market,…
Read More » -
Equity Market Begins Week With N8Bn Loss
The Nigerian Exchange resumed the week on Monday with a loss of N8.62 billion due to a dip in Caverton…
Read More » -
NGX Suspends Unity Bank, Seven Others’ Shares
NGX Regulation, the regulatory arm of the NGX Group, has suspended trading in the shares of eight companies for default…
Read More » -
43% Of Small Businesses Less Than Five Years – Report
The majority of small businesses in the informal sector, accounting for 42.7 per cent of small business owners, have been…
Read More » -
CBN To Slow Down Rate Hikes Soon – Cardoso
The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has stated that it will soon be able…
Read More » -
Demand Deposits Rise N29.67tn In May – CBN
Demand deposits have jumped by 206.83 per cent from N9.67tn in May 2019 to N29.67tn this year’s May, according to…
Read More » -
SEC Approves Chiemeka’s Appointment As NGX CEO
The Securities and Exchange Commission has approved the appointment of Jude Chiemeka as the Chief Executive Officer of the…
Read More »