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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77% of SMEs in Africa, others planning overseas expansion – Report
Seventy-seven per cent of small and medium-sized businesses in Eastern Europe, the Middle East, and Africa are planning to do…
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95% of Lagosians score state govt low on governance – Survey
Lagos State residents have passed a vote of no confidence in the state government in the area of governance, a…
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CBN dismisses report of stopping overseas school fees, Form A withdrawal
The Central Bank of Nigeria (CBN) has dismissed media reports that it will withdraw ‘Form A’ discounted foreign exchange (FX)…
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MAN, LCCI, economists counter Buhari’s claim on economy
The Manufacturers Association of Nigeria, the Lagos Chamber of Commerce and Industry and economists on Wednesday countered the claim made…
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Why Emefiele was not sacked as CBN governor – Buhari
Nigeria President Muhammadu Buhari said the presidential bid of Godwin Emefiele did not affect his role Central Bank of…
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Bauchi uncovers 6,418 ghost workers, saves N1bn monthly
Bauchi State government says that it has removed no fewer than 6,418 ghost workers from its payroll since the inception…
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Nigerians defy CBN’s ban, double Bitcoin transactions in May – Paxful
Paxful, a cryptocurrency trading platform, has reported a surge in weekly transactions on its Lightning Network. This is despite the…
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FG’s spending on pension, gratuity falls to N356bn
The Federal Government’s expenditure on pensions and gratuity fell slightly by N3.48bn in 2021, according to figures obtained from the…
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AFC Launches $2bn Facility For Economic Recovery, Resilience In Africa
Africa Finance Corporation (AFC) has announced the launch of a US$2 billion facility to support bank-driven economic recovery in Africa,…
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Board Partners NEXIM Bank On $40m Women In Energy Fund
Funding, which is one of the key challenges that hinder participation of women in the oil and gas industry activities…
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Nigerians spent N3.25tn on airtime, data, others in 2021 – NCC
Nigerians and other nationals within Nigeria spent N3.25tn on airtime, data, and other telecommunication services in 2021, according to the…
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Inflation surges again, hits 17.71% amid rising prices
Nigeria’s inflation rate has again surged to 17.71 per cent, according to latest figures by the National Bureau of Statistics.…
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Dollar rises by 21%, FX shortage persists after party primaries
Dollar exchanged at N603 (average) at Lagos and Abuja parallel markets on Tuesday, indicating a worsening liquidity crisis in the…
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FG’s borrowing from CBN hits N19tn, inflation may worsen – Report
The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways and Means Advances rose from N17.46tn…
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FG targets 70% local content in insurance, unveils guidelines
The Executive Secretary, Nigerian Content Development and Monitoring Board, Simbi Wabote, has said that the agency and the National Insurance…
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FIRS Challenges States, Embarks On Monitoring Of VAT Compliance
The Federal Inland Revenue Service (FIRS) plans to embark on a nationwide Value Added Tax (VAT) and Withholding Tax (WHT)…
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Saving Through Life Insurance Savings Plan
Savings is an essential component of a business cycle. While it’s crucial to build business capital, it’s also germane to…
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Federal Govt Hands Over N92bn Abuja Airport 2nd Runway Site To CCECC
A total of 12,000 hectares of land was allocated for this aviation facility, which is reserved in the land bank…
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MAN tackles CBN over N1tn low-interest loan
Manufacturing companies have said they cannot access loans at the Central Bank of Nigeria’s five per cent lending rate…
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Banks reward savings accounts with 1.28%, lending hits 26.61%
The gap between the savings and lending rates in the banking sector widened by 25.33 per cent in March, according…
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