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
-
Minimum Wage: Private Sector, States Fault Labour’s Push For N1m
Joe Ajaero, NLC President The organised private sector, Ekiti, Sokoto, and other states have faulted the demand by the Nigeria…
Read More » -
Nigeria Facing Worsening Economic Crisis, Says IMF
The International Monetary Fund has said stalled per-capita growth, poverty and high food insecurity have exacerbated the ongoing cost-of-living crisis…
Read More » -
Ban On Sachet Spirits, PET Bottles Threatens N800bn Investments – MAN
25 companies affected 5.5m direct, indirect jobs at risk The Manufacturers Association of Nigeria (MAN) said the ban imposed on…
Read More » -
Naira Weakens At Parallel Market, Rises At Official Window
The naira strengthened at the official window on Monday, after the Central Bank of Nigeria Governor, Olayemi Cardoso, reassured that…
Read More » -
FIRS To Tax Social Media Influencers, Content Creators
The Federal Inland Revenue Service (FIRS) has concluded plans to enforce tax payment for social media content creators and influencers,…
Read More » -
CBN Cautions FX Dealers Against Market Manipulation As Naira Slides To N1,500
Offsets ‘verified’ aviation FX backlog, pays $64.4mAmid sustained slide of naira, which currently trades around N1,500 in exchange to a…
Read More » -
1,500 Redeployed CBN Staff Resume At Lagos Office
At least 1,500 members of staff of the Central Bank of Nigeria will on Friday resume at its Lagos office…
Read More » -
Equity Market Cap Nears N60tn
Trading Floor of NSE The market capitalisation of the Nigerian Exchange gained about N1.24tn at the end of Monday’s trading…
Read More » -
Naira Falls To All-Time Low On Official Window, Trades 1348/$
The naira fell to an all-time low of N1348.63/$ on the Nigerian Autonomous Foreign Exchange Market on Monday. This signifies…
Read More » -
Sanusi Backs CBN On Departments Relocation
Sanusi The former Emir of Kano, Sanusi Lamido, has urged the Central Bank of Nigeria to go ignore noise against…
Read More » -
Why OPay Will Remove Accounts Without BVN, NIN
Being a top mobile-based payments platform, OPay has pledged to implement a thorough removal process for accounts lacking a Bank…
Read More » -
FX Crisis Plunges Nigeria’s Non-Oil Exports To $4.5bn
The value of Nigeria’s non-oil export revenue recorded a marginal decrease to $4.5bn in 2023, the Nigerian Export Promotion Council…
Read More » -
CBN To Tackle Forex Infractions With Heavy Sanctions
The Central Bank of Nigeria has uncovered infractions, gross abuses, and non-compliance with foreign exchange market regulations. Consequently, the apex…
Read More » -
Inflation Fuelling Hardships Among Workers, Says NECA DG
The Director-General of Nigeria Employers’ Consultative Association, Mr Adewale Oyerinde, has said that the disposable income of an average Nigerian…
Read More » -
Chams, PZ, Others Drive Equity Market To N874bn Gain
The equities of Chams Holdings Plc (+10 per cent), PZ Cussons (+10 per cent) and 66 other gainers drove the…
Read More » -
CBN Appoints New Executives For Union, Keystone, Polaris Banks
Cardoso, CBN’s Governor A few hours after dissolving the board of directors governing Polaris, Union, and Keystone banks, the Central Bank of…
Read More » -
Business Opportunities In Nigerian Waste Collection Industry
In Nigeria, the waste collection industry is critical to addressing growing environmental concerns and supporting sustainable waste management methods. Waste, sometimes known…
Read More » -
FG To Tackle Rising Food Prices With Rice Production
The Minister of Agriculture and Food Security, Abubakar Kyari, on Friday, said the Federal Government had commenced the massive production…
Read More » -
Foreign Investments In Manufacturing Sector Drop By 54% — NBS
Foreign investments in Nigeria’s manufacturing sector fell by $326m (54 per cent) to $279.5m in the third quarter of 2023…
Read More » -
FG To Spend N350bn On Poverty Reduction, Consumer Loans
Minister of Industry, Trade and Investment, Dr Doris Uzoka-Ani The Federal Government intends to spend N350bn on a consumer credit…
Read More »