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 […]
CSEC DG bags fellow as 15 professors, 215 others emerge stockbrokers
The Chartered Institute of Stockbrokers (CIS) at the weekend named the Acting Director General, Securities and Exchange Commission (SEC), Ms Mary Uduk and CIS’ Registrar and Chief Executive, Mr Adedeji Ajayi, fellows while 230 newly qualified stockbrokers, the single largest in the Institute’s history were inducted as Associate Members.
Red Star to raise N1.3bn via rights issue
RED Star Express Plc is in the stock market to raise N1.3 billion fresh capital by way of Rights Issue to existing shareholders. The company is offering 336,855,291 ordinary shares of 50 Kobo each at N4 on the basis of four new ordinary shares for every seven shares held as at August 2019. The offer opened on Monday, November 11,2019.
Economy growth: Okereke-Onyiuke advises involvement of stockbrokers in policy formulation, investment drive
THE Chartered Institute of Stockbrokers, CIS, has called for the inclusion of chartered stockbrokers in policy formulation and investment drive for the country.
AMCON a drain on the nation’s economy ― Senate
Ben Agande – Kaduna The Senate Committee on Banking, Insurance and other Financial Institutions has said that Assets Management Company of Nigeria which was set up by the government to buy back bad debts by banks has become a drain on the nation’s economy, adding something must be done to reverse the trend. In a […]
Nigeria’s debt as at June 2019 is N25.7 trn ― DMO
By Tordue Salem – Abuja The Debt Management Office (DMO) has told the House of Representatives yesterday that Nigerian’s total debt profile is now N25.7 trillion. The Director-General of the office, Ms Patience Oniha made this known while addressing the House Committee on Public Account on Friday in Abuja. “As at June 2019, Nigeria’s debt […]
