First Bank named Nigeria’s strongest brand in 2026 by Brand Finance
First Bank, West Africa’s premier financial institution and financial inclusion service provider, has been recognised as the strongest brand in Nigeria in the “Nigeria 25 2026” ranking by Brand Finance, a leading independent brand valuation and strategy consultancy. The Bank achieved an AAA+ rating, the highest possible distinction, underscoring its unmatched brand strength and leadership […]
CBN has no plan to close community associations’ accounts —Investigations
By Emma Ujah The Central Bank of Nigeria (CBN) has said it did not direct Deposit Money Banks to seize funds in Community Associations’ Savings Accounts. There has been apprehension among members of Community Development Associations, Cooperative Societies and Social Clubs over reports that accounts held by such organizations which were not properly registered with […]
We’re working to avert further Naira fall – CBN
The CBN has assured that it would continue to make deliberate efforts in the foreign exchange to avoid further Naira fall
FG’s 10,000MW power generation target under new threat
FG’s 10,000MW power generation target under new threat
Investors cut patronage of FGN Savings Bonds by 27%
Investors cut patronage of FGN Savings Bonds by 27%
Transport Bill fails again as Buhari declines assent
By Godfrey Bivbere & Christiana Moneke The proposed National Transport Commission, NTC, has failed for the second time in getting presidential approval. Speaking in an exclusive interview with Vanguard at the 16th Maritime Seminar for Judges in Abuja, Chairman of the House Committee on Ports and Harbours, Garba Datti Muhammad, said the National Assembly had […]
STOCK MARKET BOOM: Pension fund investment in equities up 7.4% to N1.1trn
STOCK MARKET BOOM: Pension fund investment in equities up 7.4% to N1.1trn
Interbank liquidity falls 82% as scarcity of funds intensifies
Interbank liquidity falls 82% as scarcity of funds intensifies
Investors gain N354bn amid profit taking in 3 days
By Peter Egwuatu In spite of profit taking and the holi day induced reduction to three days trading sessions equities market investors gained N354.26 billion on the Nigerian Exchange Limited, NGX last week as market capitalisation rose to N28.157 trillion from N27.803 trillion the previous week. However, analysts predicted mixed sentiments for this week as […]
External reserves add $923m in 4wks, now $39.3bn
External reserves add $923m in 4wks, now $39.3bn
H1’22: Forex transactions in I & E rises 95% to $20.2bn
H1’22: Forex transactions in I & E rises 95% to $20.2bn
Stock investors gain N5.64trn in H1’22 on improved liquidity
Stock investors gain N5.64trn in H1’22 on improved liquidity
Exports through Apapa port rise 8,525% in H1’22 — Customs
By Godfrey Bivbere Export through Apapa port rose by 8,525 per cent in the half year 2022, HI’22, when compared to the same period last year, HI’21. While rendering the performance of his Command, Friday, the Customs Area Controller, CAC of Apapa Area 1 Command of the Nigeria Customs Service, NCS, Malanta Yusuf, said that […]
Investors lose N807bn in 2wks as equities market decline continues
Investors lose N807bn in 2wks as equities market decline continues
Industrial goods sector booms despite depleting purchasing power
Industrial goods sector booms despite depleting purchasing power
Rising price pushes Q1’22 gas revenue up 64.3% to N119.4bn
Rising price pushes Q1’22 gas revenue up 64.3% to N119.4bn
