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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New taxes, tariffs may be imposed soon, declares FG
The Federal Government has indicated the possibility of introducing new taxes, tariffs and levies as part of measures to shore…
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BPE names management team for disco taken over by UBA
The Bureau of Public Enterprises on Thursday named members of the interim management team for the Abuja Electricity Distribution Company…
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CBN to give 10,000 Bauchi farmers N5.7bn for dry season farming
The Central Bank of Nigeria has set aside over N5.7bn to give as loan to 10,000 farmers to encourage dry…
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Power sector privatisation records major loan default, UBA takes over disco
The United Bank for Africa Plc has taken over the majority stake in the Abuja Electricity Distribution Company and has…
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South-East traders petition CBN, allege illegal, spurious bank deductions
The South-East Amalgamated Markets Traders Association has decried what it described as “multiple and indiscriminate charges and deductions on customers”…
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10,000 subscribers apply for FG’s 5,000 houses
Over 10,000 subscribers have submitted applications through the National Housing Programme portal recently opened by the Federal Ministry of Works…
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Buhari writes Reps, seeks passage of 2021 Finance Bill
INEC chairman to brief lawmakers on direct primaries President Muhammadu Buhari, yesterday, transmitted Finance Bill, 2021 to the House of…
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CBN knocks banks for shunning eNaira
The Central Bank of Nigeria on Wednesday knocked commercial banks across the country for not promoting the e-Naira launched with…
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External reserves lost $610m in Nov, CBN battles to save naira
The nation’s external reserves fell by $610m last month, figures obtained from the Central Bank of Nigeria on Thursday revealed.…
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Buhari talks tough on graft as ICPC uncovers N20.138b duplicated projects
President Muhammadu Buhari, yesterday, vowed sanctions against those behind illegal recruitment into the public service, payroll padding and retention of…
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Mushroom growers seek inclusion in CBN programme, eye $45.3bn market
The National Mushroom Growers, Processors and Marketers Association of Nigeria has called on the governments to address challenges hindering growth…
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FG’s capital market debt servicing gulps N2.18tn in 10 months – Reports
Servicing of debts acquired through instruments issued by the Federal Government in the Nigeria capital market totaled N2.18tn as of…
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Flour Mills, Honeywell’s market capitalisation jumps by 34%
Two of Nigeria’s largest flour milling companies, Flour Mills of Nigeria Plc and Honeywell Flour Mills Plc, have recorded a…
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Broadband subscriptions drop by 9.8m million over vandalism, others
Broadband subscriptions dropped from 85.94 million recorded in December 2020 to 76.15 million in October 2021, indicating a 12.08 per…
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CBN awards N5m loans to graduates under new scheme
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, on Thursday, launched the Tertiary Institutions Entrepreneurship Scheme designed…
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SEC vows crackdown on Ponzi schemes, illegal fund managers
The Securities and Exchange Commission has vowed to continue to crack down on Ponzi schemes and illegal fund managers amid…
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Metropolitan museum returns looted artefacts to Nigeria
With museums world over returning looted artefacts in their possession, New York’s Metropolitan Museum of Art, on Monday, officially joined…
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Loans: Ecobank warns Flour Mills against Honeywell deal
Ecobank Nigeria Limited has warned Flour Mills of Nigeria Plc against the proposed acquisition of equity stake in Honeywell Flour…
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Auditor General Office faults N4.4bn police contract, 17 others
The Office of the Auditor General of the Federation has uncovered irregularities in the award of contracts amounting to N4.41bn…
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Intra-city transport fares jumped by 36.58% in one year – NBS
The average fares paid by commuters within Nigerian cities have climbed by 36.58 per cent year-on-year, according to a new…
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