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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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…
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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…
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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…
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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…
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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…
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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…
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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…
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World Bank Advocates Consultation On Diaspora Bond Issuance
World Bank has said that the success rate of diaspora bonds can be boosted if citizens living in the diaspora…
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Banks Drive N1.5tn Appreciation In NGX Market Cap
Banking stocks were the main drivers of the gain recorded by investors on the Nigerian Exchange Limited in the first…
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CBN Bars Crypto Bank Account Operators From Cash Withdrawal
Cash withdrawals will not be possible from accounts opened for virtual and digital assets transactions, the Central of Nigeria has…
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President Signs Budget As N’Assembly Raises Lawmakers Allocation To N344bn
President Bola Tinubu The National Assembly has raised its 2024 budgetary allocation by 74.23 per cent to N344.85bn. This will…
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NGX Group Appoints Popoola CEO As Onyema Bows Out
Former Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema The Nigerian Exchange Group has announced…
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Non-Oil Revenue Soars By 67% To N4tn, Says CBN
The Federal Government has grown its non oil revenue by 67 per cent to approximately N4tn quarter-on-quarter, according to the…
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Nigeria To Develop cNGN Stablecoin In 2024 – Report
Nigeria is apparently launching its first regulated Naira stablecoin called cNGN following the lifting of a two-year ban on cryptocurrency…
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E-Naira Jumps By 284%, Notes Decline To N2.7tn – CBN
The volume of eNaira in circulation rose by 284.6 per cent to N9.78bn in August, according to the Central Bank…
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FG Can Generate N10tn From Non-Oil Assets –Tax Panel Chair
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele has said that Nigeria can easily…
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Your Money Is Safe In Banks, CBN Assures Nigerians
The Central Bank of Nigeria has affirmed the safety of funds in Nigerian banks, emphasising the stability of the country’s…
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Finance Ministry Gets $5.6m W’Bank Loan For Stationery, Others
The Home Finance Department of the Ministry of Finance, Budget and National Planning has received the sum of $5.6m from…
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CBN Investigator Summons Lemo, Others Over Union Bank Deal
Tunde Lemo The Special CBN Investigator, Jim Obazee, has summoned the Chairman of Titan Trust Bank, Babatunde Lemo, in connection…
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Emefiele Rejects Investigator’s Report, Says Allegations Satanic
Godwin Emefiele Embattled former Governor of the Central Bank of Nigeria, Godwin Emefiele, has faulted allegations of stolen funds against…
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