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 […]
Rise in bonds prices to persist as N413bn inflow boosts interbank
Business confidence economy maintain upward trend PMI report indicates uptick in economic expansion By Babajide Komolafe Prices of FGN Bonds in the secondary market are expected to continued their upward trend this week, amidst inflow of N413 billion into the interbank money market, even as directive of the Central Bank of Nigeria (CBN) excluding […]
NDIC ready to tackle emerging threats to banks — Ibrahim
By Elizabeth Adegbesan The Nigerian Deposit Insurance Corporation (NDIC) has expressed its readiness to tackle emerging challenges to the banking industry. The Managing Director/ Chief Executive, NDIC Umaru Ibrahim stated this in Lagos the 30th anniversary dinner of the corporation. He said:” We have come a long way and we have done a […]
SEC explains role of capital market in economic growth
The Securities and Exchange Commission (SEC) has outlined the importance of the capital market in catalysing economic growth.
Foreign portfolio investment in equities shrinks by 34%
As the bearish sentiment in the equities market continues to hold sway, foreign investors have reduced their stake in the market by 34.4 percent to N594.5 billion, from N906.9 billion in the last eight months.
Portfolio re-alignment, Q3 earnings may lift equities —Operators
Capital market operators have projected that end of year portfolio re-alignment by fund and portfolio managers may bring reprieve to equity investors this week and through the remaining part of the year.
