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 […]
CBN, NEXIM commence implementation of N550bn export funds
The Central Bank of Nigeria (CBN) and the Nigeria Export-Import Bank (NEXIM) have commenced the implementation of the N500 billion Non-Oil Export Stimulation Facility (ESF) and the N50 billion Export Rediscounting and Refinancing Facility. The two facilities were introduced by the CBN last week as part of measures to boost non-oil exports, by providing low interest loans to exporters.
Why Brexit is grim news for world economy- The Economist
NIGEL FARAGE, the leader of the UK Independence Party, told elated supporters that June 23rd should go down as Britain’s Independence Day. The reaction in financial markets to Britain’s vote to leave the European Union was rather less euphoric. During the Asian trading day, the pound plunged against the dollar by over 10% to $1.32, a 30-year low. It fell far harder against the yen, a frequent bolthole for the anxious. Investors have started to flock to the safety of US Treasuries.
What you need to start your business
After you have determined what business idea you want to pursue, evaluated the market for your product, and research your competition, you need to put together a plan of action or business findings from your internal and external research, and documenting what you intend to in your business. There are some clearly defined questions that need to be focused on to provide the information you are looking for.
Equities sustain rally as GSK, Champion Breweries drive N482bn gains
The equities market sustained its rally last week as investors continued to raise their stake in most of the low value stocks, resulting in N482 billion increase in the market capitalisation. The rally was largely driven by strong buying interest on the shares of GlaxoSmithKline Nigeria Plc, Champion Breweries Plc, Transnational Corporation of Nigeria, Transcorp Plc, and Neimeth International Pharmaceuticals Plc among others.
FG urged to invest recovered loot in housing
A call has gone to the Federal government to invest recovered looted funds in the development of low-cost housing and mortgage financing to facilitate the reduction of housing deficit in Nigeria. Director-General, Institute of Mortgage Brokers and Lenders (IMBL), Elisha Jasper, made the call in a congratulatory message to the President Muhammadu Buhari on his one year in office.
