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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Why Nigeria shunned debt service payment suspension – World Bank
The World Bank has said Nigeria and some other countries refused to participate in a temporary suspension of debt-service payments…
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Anticipated Q3 earnings, dividends raise index by 1.62%
Ahead of the third quarter (Q3) earnings and accompanied dividend declarations, bargain hunting in tier-one banks, including FBN Holdings Plc…
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MANAGING YOUR MONEY – Making it Do More
By Hadassah-Esther Osimen Welcome to this series on Managing Your Money – Making it do More, which should run until the…
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Nigeria loses N309.26bn to 124-day Twitter ban
The Nigerian Twitter ban has entered its 124th day, causing losses of up to N309.26bn to the economy. The Nigerian…
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Stock market gains N33bn as volume jumps 103%
The Nigerian Exchange Limited gained N33.32bn in market capitalisation as trading finalised on its floor on Thursday after trading volumes…
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Reps propose compensation for airport neighbours over noise, emission
The House of Representatives has approved a bill seeking to create a special welfare package for people living around airports…
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FG to unveil 2022 budget details today
The Federal Government will on Friday (today) publish the estimates in the 2022 Appropriation Bill laid before a joint session…
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“2022 budget: Expect more borrowing to finance N6.258tr deficit, says FG
• Senate hastily okays revised fiscal framework, approves N16.39tr budget for 2022• Buhari presents ambitious appropriation amid weak 2021 budget…
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Banks start integrating e-Naira app
Banks have started to onboard the e-Naira feature on their applications. In its latest update, the Guaranty Trust World app…
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Nigeria’s economy to grow by 2.4% in 2021 – World Bank
The World Bank has said Nigeria’s economy is projected to grow by2.4 per cent in 2021. This is an increase…
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E-payments rose by 6.37% to N24tn in September
The value of e-payment transactions in Nigeria rose by 6.37 per cent to N24.08tn in September. This was according to…
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Billions of dollars lost as Facebook shuts out 2.9 billion subscribers
The global economy lost billions of dollars as Facebook, WhatsApp, and Instagram went down at about 4.42pm on Monday. According…
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Nigeria serviced debt with N1.47tn first half 2021 – DMO
Nigeria spent N1.47tn on debt servicing payments in the first half of 2021, data obtained from the Debt Management Office…
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Quarter 2 manufactured imports exceeded exports by N4.3tn – NBS
The value of manufactured goods imported into the country exceeded exports by N4.37tn in the second quarter of 2021, according…
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FG seeks cheaper Internet services
The Minister of Communications and Digital Economy, Isa Pantami, on Thursday disclosed plans of the Federal Government to make the…
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86% of youth businesses struggling to access funds – NBS
The National Bureau of Statistics has said that 86.1 per cent of youths lack access to finance their businesses. The…
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Visa set to launch central blockchain system for digital currencies
Visa has said it is working on an interoperability system that would work across different blockchain networks and connect different…
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CBN shifts eNaira launch, says no cause for alarm
The Central Bank of Nigeria on Thursday announced the postponement of the planned unveiling of the country’s digital currency, e-Naira.…
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FG revokes 5,793 mining licences in six years, operators blame insecurity
The Federal Government has revoked at least 5,793 inactive mining licences, investigation by media source y has revealed. Our correspondents…
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Digital currencies will reduce cross-border payment costs –BIS
The Bank for International Settlements has said digital currencies will reduce the cost of cross-border payments. BIS said this in…
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