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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Forbearance Exposure: CBN Directs Banks To Submit Capital Restoration Plans
The Central Bank of Nigeria has directed banks to submit a capital restoration plan as part of regulatory efforts to…
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Firms Commit To Cassava-Led Industrialisation, Cultivate 5,000 Hectares
The 2025 World Cassava Day celebration, held recently at the Banquet Hall, State House, Abuja, brought together leaders from government,…
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Nigeria, Netherlands Renegotiate Double Taxation Agreement
The Federal Inland Revenue Service and the Kingdom of the Netherlands commenced the renegotiation of the Double Taxation Agreement between…
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Telcos Roll Out $1bn Network Upgrade As New Equipment Lands
Nigeria’s leading telecommunications companies have begun network upgrades, deploying $1bn in equipment from Chinese manufacturers to tackle service quality issues.…
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W’Bank Approves $65m Extra Loan For Nigeria’s Procurement Reform
The World Bank has approved an additional $65m credit facility for Nigeria under the Sustainable Procurement, Environmental, and Social Standards…
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US, Africa Summit Yields $2.5bn In New Trade Deals
The United States says the 17th US -Africa Business Summit yielded more than $2.5bn in new deals and commitments between…
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U.S., China Finalise Trade Framework, Easing Tariff Tensions
China confirmed on Friday the details of a trade deal framework with the United States, stating that Washington would lift…
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MultiChoice Cuts DStv Decoder Price By 50% To Attract Subscribers
MultiChoice Nigeria has slashed the price of its DStv decoder by 50 per cent, dropping it from ₦20,000 to ₦10,000.…
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BOI Unveils Sustainable Finance Framework For Inclusive Growth
The Bank of Industry has announced the launch of its Sustainable Finance Framework to drive inclusive and climate-resilient growth in…
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CBN intervention, FPI inflow Strengthens Naira
The naira strengthened at the official window in the past week to 1,547/$ from 1,549/$, supported by intervention from the…
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POS Agents Handle N223tn As ATM Usage Drops
Point of Sale terminals handled transactions worth N223.27tn in 2024, representing a significant increase from the N110.35tn recorded in 2023.…
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Bank Customers Petition CBN Over Excess Charges
The Bank Customers Association of Nigeria has revealed that it has written to the Central Bank of Nigeria about the…
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US Recovers $225m Stolen In Crypto Scam
The US government said Wednesday it recovered $225 million in the largest seizure yet of money stolen in a cryptocurrency…
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USSD Debt: Subscribers, Banks, Telcos Agree On Airtime Billing
Telecommunications operators in Nigeria now have direct access to revenue generated from Unstructured Supplementary Service Data services, following a new…
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China Offers Nigeria, Others Duty-Free Market Access
In a major policy shift set to reshape Africa-China trade relations, the Chinese government has announced plans to grant Nigeria…
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BOI To Unveil Impact Fund, Youth Bank
The Managing Director and Chief Executive Officer of the Bank of Industry, Olasupo Olusi, has disclosed that the bank is…
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Africa’s Growth Depends On Homegrown Innovation, Infrastructure – Business Leaders
Africa’s long-term economic growth and global competitiveness depend on scaling local innovation and investing in critical infrastructure, executives said at…
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Keystone Bank Bags Most Friendly SME Bank Award
Keystone Bank Limited has been named the “Most Friendly SME Bank of the Year 2024” at the Champion Newspapers Annual…
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Global Economy Faces Weakest Growth Since 2008 – W’Bank
Heightened trade tensions and policy uncertainty are expected to drive global growth down this year to its slowest pace since…
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Customers To Pay Banks USSD Fees Through Airtime – NCC
The Nigerian Communications Commission has directed Deposit Money Banks to start deducting charges for unstructured supplementary service data transactions directly…
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