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
-
Nigeria’s non-oil export hits $2.6bn in six months – NEPC
The Chief Executive Officer, Nigerian Export Promotion Council, Dr. Ezra Yakusak, has said Nigeria’s non-oil export sector performance in…
Read More » -
CBN disburses over N2tn to 426 industries
The Central Bank of Nigeria has disbursed a cumulative sum of N2.10tn to 426 projects under its Real Sector…
Read More » -
Budget: Reps approve N8.4tn borrowing, N6.3tn debt service
…as Buhari presents appropriation bill to National Assembly today The President, Major General Muhammadu Buhari (retd.), will on Friday…
Read More » -
Sukuk bond debt servicing jumps by 306%
The amount paid on rentals for Sukuk bonds has risen from N8.17bn in the first quarter of 2022 to…
Read More » -
Nigeria, Congo have highest extremely poor population – W’Bank
The World Bank has said that many extremely poor people in the world are in Nigeria and Congo. In its…
Read More » -
Google invests over $200m in Nigeria, others
Google has spent well above $200m in Nigeria and across Africa in the last one year. The Director of Google…
Read More » -
FG sues Meta over illegal ads, demands N30bn
The Advertising Regulatory Council of Nigeria says it has lodged a suit against Meta Platforms Incorporated (owners of Facebook, Instagram…
Read More » -
Nigeria’s active mobile subscribers hit 210m
The total number of active mobile subscribers reached 210 million in August 2022 from 208.6 million in July, with teledensity…
Read More » -
W’Bank projects 102% debt service, revenue for Nigeria
The World Bank has said that public debt in Nigeria is concerning due to the rising debt service-to-revenue ratio. According…
Read More » -
Debt servicing on Nigeria’s Eurobonds rises by 86%
The amount spent by Nigeria on servicing Eurobonds and Diaspora bonds has risen by 85.67 per cent between the…
Read More » -
Vibrant insurance industry important for Nigeria’s growth – Elumelu
The Chairman, Heirs Holdings and United Bank for Africa Plc, Tony Elumelu, has said the Nigerian insurance industry needs…
Read More » -
Import dependence worsening food crisis in Nigeria — IMF
The International Monetary Fund has said that the food crisis currently ravaging Nigeria and other sub-Saharan countries has been exacerbated…
Read More » -
Businesses face crunch, CBN raises rate to 15.5%
•It’s a panic measure, NACCIMA, others•Rate hike’ll worsen cost of capital – Economists•CBN eyes liquidity mop-up on Thursday In consideration…
Read More » -
VAT Revenue Grows As FG, States, LGAs Share N673.137bn Allocation For August
The Federal Government, States and Local Government Councils,have received from the Federation Account Allocation Committee ( FAAC) a total of…
Read More » -
Nigeria’s economic outlook uncertain, welfare worsening – W’Bank
The World Bank has said that Nigeria’s economic outlook is uncertain and its ability to attract domestic and foreign investments…
Read More » -
ICPC boss, Owasannoye, diversion of public funds, illicit financial flows
The chairman of the independent and anti-corrupt practices commission (ICPC), Prof Bolaji Owasannoye has decried the alarming rate of diversion…
Read More » -
Senate eyes tax on unoccupied, expensive Abuja buildings
The newly appointed chairman of the Senate Committee on the Federal Capital Territory, Senator Smart Adeyemi, has said that…
Read More » -
Cybercrime, bane of banking industry – expert
A non Executive Director, Central Bank of Nigeria, Prof. Mike Obadan, has expressed concern over the activities of hackers. He…
Read More » -
2023 presidential election crucial to Nigeria’s economy – LCCI
The Lagos Chamber of Commerce and Industry has said the forthcoming 2023 presidential polls will play a crucial role…
Read More » -
Many traders haven’t benefitted from TraderMoni – Traders’ association
The Market Traders Association of Nigeria has said many traders across Nigeria did not benefit from the soft loans meant…
Read More »