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 […]
Firstmobile has achieved N1.3tr transaction value – First Bank DMD, Shobo
New management started off January 2016. There had been a lot of changes on the board and there have been a lot of progress in terms of our performance. When, we started up, there were three main thrust of our strategies. First, we had a credit portfolio which we had to sort out. We have done a great job in working on that issue.
Access Bank boosts liquidity with N35bn Commercial Paper
ACCESS Bank Plc has said that its N35 billion Commercial Paper would boost its liquidity management efforts in line with global best practices.
Stanbic IBTC Bank: Bear run cuts investors’ expectations
HOPES for effective recovery of lost grounds in the capital gains on Stanbic IBTC Bank Plc appeared dashed by market reversal, as the bank’s impressive results portended an equally impressive stock valuation outlook.
Is multiple stock exchange system the solution to listing problem?
By Nkiruka Nnorom SINCE 2008 when the stock market crashed activities, both in the secondary and primary segments of the market have been down, particularly in the primary end of the market. Even in the primary market only very few Initial Public Offers, IPOs, and Public Offers have been recorded, while 2016 record zero following […]
We expect market rebound this year if FG budget is implemented – Segun
The market has just resumed after the yuletide break. We can see that in the last three trading days of 2016, after Christmas holidays, the market was bullish and consequently, the All Share Index and market capitalisation went up. But after that and precisely in the first three trading days of the new year , we started experiencing profit takers and the market started to nose-dive.
The Investors Protection Fund
We read from newspapers about the Investors Protection Fund, IPF, but as an association we are yet to get any communication from the NSE to that effect. If truly that such Fund exists at least the NSE would have communicated to all registered shareholders group in the country. We are the retail investors to whom the Fund is meant for and as such should be aware of its existence.
2016 in review: Manufacturing sector groans under recession weight
DESPITE expectations of better business environment in 2016, the reverse was the case for operators in the manufacturing sector of the economy.
What we have is more than recession– NAMB
The year 2016 would be remembered for the economic challenges that hit every sector of the economy, especially as it started from increase in petroleum products prices to shortage and naira depreciation precipitated by crude oil price crash and drop in oil production from the activities of militants in the Niger Delta.
Economic diversification and the entrepreneurial revolution
The Nigerian economy is overwhelmingly dependent on oil, while accounts for 81% of government revenue and more than 97% of export earnings. Myopic policies pursued by successive military regimes in the final decades of the last century devastated the traditional agrarian economy and crippled growth in the non-oil sectors.
How petroleum sector drove Nigeria into economic recession
After many glorious years of enjoying the benefits of a robust and high crude oil price, the Nigerian economy is currently teetering on the edge of depression, mainly due to faulty planning and the short-sightedness of the country’s leadership.
