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 Opens Sale Of Short-Term Bonds
The Federal Government of Nigeria, through the Debt Management Office, has opened a new window for subscription to its Federal…
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FG Plans 77,400 Housing Units Nationwide
The Federal Government has announced a landmark initiative under the Renewed Hope Agenda to deliver 77,400 social housing units across…
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Fresh $24bn Borrowing May Balloon Nigeria’s Debt To N183tn
•NASS set to approve Tinubu’s loan request, foreign debt nears $70bn, economists worry over high debt-servicing Nigeria’s public debt is…
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$750m Loan: World Bank Pressures Nigeria For Fresh Tax Hike
The World Bank has asked the Federal Government to issue a presidential order raising excise duties on “sin goods” such…
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NGX Sheds N70bn As Market Dips
The Nigerian Exchange closed negatively on Wednesday, as the equities market reversed the previous day’s gains, with investors losing approximately…
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EFCC Arrests Access Bank Ex-Employees Over N5.73 Billion Fraud
The Economic and Financial Crimes Commission (EFCC) has arraigned four former employees of Access Bank Plc, Olajide Ogunmoroti, Michael Igbomina,…
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Access Holdings Invest N193.5 Billion In Fraud Prevention
As global financial fraud losses surpass $485 billion annually, Access Holdings Plc is blazing a trail in Africa’s financial landscape…
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IMF Confirms Nigeria’s Full Repayment Of $3.4bn Loan
The International Monetary Fund has confirmed that Nigeria has fully repaid the $3.4bn financial support it received under the Rapid…
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MOWCA, AfDB Collaborate To Boost Maritime Trade
In a bid to boost maritime trade in the Gulf of Guinea, the Maritime Organisation of West and Central Africa…
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Lagos, Banks Partner To Create 10,000 MSME Jobs
Lagos State Government, in collaboration with the Bank of Industry and Sterling Bank, has launched a new initiative aimed at…
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Equity Market Gains N413bn As Beta Glass Leads Rally
The Nigerian equities market kicked off the new trading week on a bullish note. On Monday, investors gained N413bn, driven…
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Agro-Processing Sector Requires $538m Investments Annually – LCCI
The Lagos Chamber of Commerce and Industry’s Agricultural and Allied Group has projected that increasing nationwide agro-processing capacity would require…
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AfDB Commits $650m Annually To Drive Nigeria’s Transformation
The African Development Bank Group has approved a new five-year Country Strategy Paper for Nigeria, committing about $650m annually between…
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Debt Servicing Gulped N696bn In January – CBN
The Federal Government’s precarious fiscal position worsened in January 2025 as debt servicing obligations exceeded total retained revenue by a…
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Non-Oil Export Records 24.7% Surge, Hits $1.7bn
Nigeria’s non-oil export sector recorded significant growth in the first quarter of 2025, with the total value hitting $1.791bn, the…
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CBN Issues Directives On Export Proceeds Over $2,000
The Central Bank of Nigeria has issued a new directive mandating full documentation for all Pan-African Payment and Settlement System…
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Heritage Bank: NDIC Begins N46.6bn Payout To Top Depositors
The Nigeria Deposit Insurance Corporation has commenced the payment of N46.6bn as the first tranche of liquidation dividends to depositors…
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10 Banks Pay N987bn Tax To FG
Ten commercial banks in Nigeria paid a combined N987.40bn in corporate income tax to the Federal Government in the 2024…
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Dangote Accepts World Bank Appointment
The President and Chief Executive of the Dangote Group, Aliko Dangote, says he has accepted his appointment to the World…
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Naira Shed 2.6% In March Despite $668m CBN Intervention
The naira depreciated by 2.4 per cent and 2.6 per cent in March at both the Nigerian Autonomous Foreign Exchange…
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