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 […]
Naira set for N365/$ in I&E as demand for dollars intensifies
The Naira is set to depreciate to N365 per dollar in the Investors and Exporters (I&E) window before the end of the year following rising demand for dollars which is expected to intensify this week.
West Africa renames CFA franc but keeps it pegged to euro
West Africa’s monetary union has agreed with France to rename its CFA franc the Eco and cut some of the financial links with Paris that have underpinned the region’s common currency since its creation soon World War Two. Under the deal, the Eco will remain pegged to the euro but the African countries in the […]
NCS Apapa Command generates N413bn, surpasses 2019 revenue target
The Nigeria Customs Service (NCS), Apapa Command, generated N413, 732,818,554.19 as revenue from Jan. 1 to Dec. 19, the Customs Area Controller, Comptroller Mohammed Abba-Kura has said. Briefing journalists on its activities on Friday in Lagos, Abba-Kura said that the command had surpassed its revenue target for 2019 of N372 billion, which translated to 111 […]
Akeredolu presents N177bn budget for 2020
Ondo State Governor, Oluwarotimi Akeredolu on Thursday presented a fiscal proposal of N177 billion for 2020 to the State’s House of Assembly. The 2020 budget agged “Budget of Growth.” was presented by Akeredolu to the Assembly through the Commissioner for Economic Planning and Budget, Emmanuel Igbasan, said it reflected the current administration’s commitment to work […]
Buhari signs 2020 budget
President Muhammadu Buhari on Tuesday in Abuja signed the 2020 appropriation bill of N10,594,362,364,830 into law. News Agency of Nigeria (NAN) reports that the budget was increased from N10.33 trillion to N10.594billion by the National Assembly. NAN observed that N560.47 billion of the total budget is for statutory transfers while N2.7 trillion is for debt […]
