Finance

First Bank named Nigeria’s strongest brand in 2026 by Brand Finance

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 […]
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Governor Abiodun signs 2020 Budget into law

Governor Abiodun signs 2020 Budget into law

James Ogunnaike – Abeokuta Ogun State Governor, Prince Dapo Abiodun, Monday signed the State 2020 Appropriation Bill into law. The bill took 24 days to be passed by the State House of Assembly and 27 days to get the Governor’s assent. The 2020 budget proposal was N449.97bn. The Assembly retained the budget size with an […]

Equities: Weak outlook as year ends

Equities: Weak outlook as year ends

AFTER closing the week on negative note, investment analysts have projected that the market would end the year in a lacklustre level given the risk-off sentiment prevailing in the market.

Low purchasing power, political uncertainty mar rights issues in 2019

Low purchasing power, political uncertainty mar rights issues in 2019

AS the capital market closes the 2019 trading year tomorrow, the two-year negative sentiment on capital raising by quoted companies in the Nigerian Stock Exchange, NSE, has suffered 89.7 percent decline to N34.9 billion 2019 from N340 billion recorded at the end of 2017.

Merger: NSE suspends trading on shares of CCNN

Merger: NSE suspends trading on shares of CCNN

THE Nigerian Stock Exchange, NSE, has placed the shares of Cement Company of Northern Nigeria (CCNN) on full suspension ahead of its merger with Obu Cement. The merger with Obu Cement, both subsidiaries of Bua Group, would create Nigeria’s second largest cement producer.