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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AK Ibom Budgets N1.39 Trillion For Growth
By SUNNY EDEMENANG – South-South The Governor of Akwa Ibom State, Pastor Umo Bassey Eno, PhD has presented to the…
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Sanwo-Olu Woos Investors As Lagos Tops Ease Of Doing Business Ranking
Lagos State Governor, Babajide Sanwo-Olu, has urged both local and international investors to seize emerging opportunities in the state, citing…
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PoS Takeover: FG Ends Cash Payments In MDAs
The Federal Government has outlawed the use of physical cash for the payment of revenue and directed Ministries, Departments, and…
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Foreign Direct Investment Loses Ground Despite Surge In Inflows
Against the backdrop of the declaration by the Federal Government that Nigeria’s economy has turned the corner to stability and…
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ICAN Inducts 2,000 New Chartered Accountants
The Institute of Chartered Accountants of Nigeria on Wednesday welcomed over 2,000 new members in a grand induction ceremony at…
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Top 10 Banks Grow Savings Deposits To N33trn
Tier-2 banks lead rise in deposit Two banks record decline Top ten banks in Nigeria have accumulated N33.24 trillion in savings deposits…
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CBN Retains Monetary Policy Rate At 27%
•16 banks cross new capital threshold •Recovers N2trn intervention funds The Central Bank of Nigeria (CBN) yesterday retained the Monetary Policy…
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CBN To Slam 5yr Ban On Bank Customers Over Dud Cheque
The Central Bank of Nigeria (CBN) is working on a policy that would impose a five-year ban on ‘serial dud cheque issuers’.…
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Naira slips to 1,456.72/$
The naira recorded a negative trading performance during the week as the naira weakened by 0.99 per cent at the…
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FX Reserves Soar To $46.7bn Seven-Year High
NIGERIA’S foreign exchange reserves have surged to their strongest level in seven years, hitting $46.7bn as of November 14, 2025,…
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Investors Lose Fresh N1.17tn As Bearish Trading Resumes
The equities market began the week in the red as the All-Share Index of the Nigerian Exchange fell by 1.26…
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Headline Inflation Eases To 16.05% In October
The National Bureau of Statistics, NBS, has said headline inflation rate eased by 1.97 percentage points to 16.05 percent in…
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Only 44% Of Social Benefits Reach Poor Nigerians –W’Bank
Despite billions of naira spent yearly to cushion hardship, a new World Bank report says Nigeria’s social safety-net programmes are…
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Experts List Gains Of $2.25bn Eurobond Issuance To Economy
Experts and stakeholders have listed the gains of the recent $2.25bn Eurobond raised by the federal government, describing it as…
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Market Begins Week On Bearish Note, Cap Dips N471.99bn
The Nigerian Exchange continued with its bearish trading on Monday as sustained profit-taking dragged the NGX All-Share Index down by…
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FRC To Adopt Islamic Finance Reporting Framework In Nigeria
The Financial Reporting Council of Nigeria (FRC) yesterday unveiled plans to formally integrate Islamic Finance Services into the country’s financial…
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Food Imports Soar 45% As Local Production Falters
Food and beverage imports increased to N677.3bn in the first half of 2025, a 44.48 per cent rise from N468.76bn…
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Reps Probes Tax Deductions, Multiple Charges By Banks
The House of Representatives has inaugurated an ad-hoc committee to investigate growing concerns over excessive tax deductions from the earnings…
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Questions And Answers On Nigeria’s New Tax Law
The Nigeria Tax Act 2025, signed into law by President Bola Tinubu in June, will come into force on January…
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High Interest Rates Discourage 51% Informal Businesses From Loans – Report
More informal businesses in Nigeria are turning away from credit due to rising interest rates and stricter lending conditions. The…
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