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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CAC Set To Delist Over 91,000 Companies Over Infractions
The Corporate Affairs Commission is set to delist 91,843 companies for failing to file their annual returns with it. In…
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How To Apply For Presidential Palliative Loan
The Federal Government recently opened applications for the Presidential Conditional Loan Scheme to Businesses in Nigeria (including Nano businesses) as…
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Africa’s Annual Loss To Carbon Tax May Hit $25bn – AfDB
African Development Bank Group President, Dr Akinwumi Adesina, has warned that a new EU carbon border tax could significantly constrain…
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Forex Inflow Hits $11bn In Two Months – CBN
Nigeria recorded $11.11bn aggregate foreign exchange inflow in July and August, figures obtained from the Central Bank of Nigeria revealed.…
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Five Multinationals Dump Nigeria In 10 Months
At least five multinationals have winded down operations in Nigeria in the last 10 months, an analysis of separate notices…
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Again, Okonjo-Iwela Makes Forbes’ 100 Most Powerful Women’s List
The Director-General of the World Trade Organisation Ngozi Okonjo-Iweala, has been listed on Forbes’ 100 Most Powerful Women list. According…
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Banks To Disconnect Non-Deposit Financial Institutions From Transfer List
Banks have been asked to disconnect Switches, Payment Solution Service Providers, and Super Agents from the Nigeria Inter-Bank Settlement System…
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Seplat, Insurance Stocks Drive Equity Market N132bn Gain
Trading Floor of NSE The Nigerian Exchange Limited rebounded on Wednesday as the market capitalisation gained N132bn driven by appreciation…
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UK Looks To Doubling Trade Volume With Nigeria
Jonny Baxter, British Deputy High Commissioner in Lagos, during an interview with the News Agency of Nigeria in Lagos, on…
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Service Sector Lifts Nigeria’s GDP By 2.54 % In Q3 2023
The National Bureau of Statistics (NBS) says the country’s Gross Domestic Product (GDP) grew by 2.54 percent in the third quarter (Q3)…
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FG Explains 50% Subsidy On Agric Inputs
Minister of Agriculture, Abubakar Kyari The Federal Government has approved a 50 per cent reduction in the cost of agricultural…
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World Bank Says Inflation Will Push 2.8million Nigerians Into Poverty
Rising inflation and low economic growth in Nigeria will push a further 2.8 million people into poverty by 2023’s end,…
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Obey Tax Laws, FIRS Warns Shipping Companies
The chairman, Federal Inland Revenue Service, Zacch Adedeji, has charged non-domestic companies shipping crude oil from Nigeria to ensure strict…
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Rice Price Skyrockets As Local Production Declines
Smuggled rice Rice consumption in the country has been on a steady rise, beyond the reach of local supply, leading…
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Stock Market Literacy Boosts Women’s Financial Future – NGX RegCo
NGX Regulations Limited, the regulatory arm of the Nigerian Exchange Group, has said that stock market literacy has the ability…
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222,141 workers dump PFAs, transfer N908bn – PenCom
No fewer than 222,141 workers have changed their Pension Fund Administrators and moved N908.363bn from their Retirement Savings Accounts since…
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Monetary Reforms Yielding Positive Results, Says CBN
The Central Bank of Nigeria said that its monetary policy reforms are beginning to have positive effects on the country’s…
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Forex: FG blames Low Export Earnings, Plans Diversification
The Federal Government has linked the country’s foreign exchange scarcity to its low export earnings. Speaking at the 40th annual…
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Banks’ USSD Debt To Telcos Hits N200bn
Banks now owe telecommunication firms N200bn for Unstructured Supplementary Service Data services. This is following a slowing of negotiations between…
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World Bank Disburses $300m Palliative Loans
The World Bank has commenced payment of the $800m approved for the National Social Safety Net Program-Scale Up. Media on Wednesday…
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