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 […]
NDIC, CBN consider another bad bank to acquire banks’ NPLs
Nigeria Deposit Insurance Corporation (NDIC and the Central Bank of Nigeria (CBN) have set up a joint committee to explore the establishment of another Asset Management Company (AMCON2) to acquire non- performing loans (NPLs) of banks.
Challenges facing MSMEs in Nigeria
It is the responsibility of government to provide employment and security for the people, among other things. However, since government cannot provide full employment for the people, what it does is to provide the enabling environment for non-state actors to bridge the gap. These non-state actors include small and medium scale enterprises.
OPS, Afenifere, tackle Senate over planned scrapping of BoI
The Organised Private Sector, OPS, and the pan-Yoruba socio-cultural group, Afenifere have taken a united stand against moves by the Senate to scrap the Bank of Industry and replace it with a new bank to be called National Development Bank of Nigeria, NDBN.
Economic recession: Need for collective action
Despite a gloomy picture of Nigeria’s economic fortune, and government’s acknowledgement that indeed, the country was technically in recession, experts have said, there was no cause for alarm, as recession is not a death sentence.
Cashless Economy: “PayU” assures merchants of secure, effective e-payments
The cashless economic policy of the Central Bank of Nigeria (CBN) has received a boost with the entrance of PayU, a global payment group into the Nigerian market.
