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 to partner CBN, SEC on national savings scheme
The Minister of Finance, Budget and National Planning, Zainab Ahmed on Tuesday received the National Savings Scheme Report from the…
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E-valuation policy: Reps clash over warrant of arrest on Emefiele
Members of the House of Representatives’ Joint Committees on Customs & Excise; and Banking & Currency on Tuesday clashed over…
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Investors gain N50.35bn as 31 stocks rise
Investors gained N50.35bn on Monday at the end of trading on the floor of the Nigerian Exchange Limited. The market…
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CBN tackling economic challenges via interventions – Emefiele
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said the CBN is tackling the economic challenges…
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FG wants EU ban on Nigerian beans exports lifted
The Federal Government is making concerted efforts to ensure that the ban on beans exports from Nigeria by the…
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Stock market capitalisation falls to N25.41tn
The market capitalisation of equities listed on the Nigerian Exchange Limited fell by 0.12 per cent to close at N25.41tn…
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Nigerian content attracts $8bn annually, says NCDMB
The implementation of the Nigerian Oil and Gas Industry Content Development Act has created over 50,000 direct jobs in…
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eNaira cross-border use may fuel money-laundering, terrorism financing – IMF
The International Monetary Fund says the prospective expansion of eNaira use to cross-border fund transfers and agency bank networks may…
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FG, PDP clash as economy grows by 3.4%, highest in seven years
The Federal Government and the Peoples Democratic Party on Thursday exchanged words over a report by the National Bureau of…
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Dangote, Flour Mills slam BUA over alleged sugar sale suspension
Dangote Sugar Refinery Plc and Flour Mills of Nigeria Plc have berated BUA Foods Plc for accusing them of suspending…
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MTN, Mafab to launch 5G soon as FG hands over spectrum to NCC
The National Frequency Management Council, an agency of the Federal Government, has handed over the 3.5GHz spectrum allocation for the…
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FG, Ogun distribute free CAC certificates to MSMEs
The Ogun State Government, in partnership with the Federal Government, has commenced the distribution of free Corporate Affairs Commission certificates…
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Digital economy: EU announces Є820m investment package for Nigeria
The European Union has announced an EU-Nigeria Digital Economy Package worth €820 million until 2024. The European Commission Executive Vice-President,…
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FG plans more gas exports to Europe, EU supports Nigeria with N385bn
The European Union under its Gateway Initiative has said that it will invest about 820m euros (N385bn) in the Nigerian…
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Despite CBN interventions, rice records 92% price hike in six years
The price of a 50kg bag of locally produced rice rose by about 92 per cent between January 2016 and…
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Insurance firms earned N630.36bn, paid N238.05bn claims – NAICOM
Insurance companies in the country earned N630.36bn premium in 2021 and paid N238.05bn as claims, the National Insurance Commission said…
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Naira slides again, exchanges for 417.51/dollar
The naira continued its downward trend as the dollar was sold for N417.51 at the official market on Thursday. This…
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CBN to stop forex sale to banks by December targets $200bn non-oil exports
The Central Bank of Nigeria has revealed that it will stop the sale of foreign exchange to Deposit Money Banks…
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AfDB earmarks $500m incentives for women-owned businesses
The President, African Development Bank, Dr Akinwumi Adesina, has disclosed that the bank budgeted $500 million to be disbursed as…
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Remove fuel subsidy, official exchange rate, IMF urges FG
Two weeks after the Federal Government suspended the removal of petrol subsidy, the International Monetary Fund has again urged the…
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