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 […]
SEC set to revive corporate bonds market, Commodities Exchange
The Securities and Exchange Commission, SEC, has said that it is taking steps to address the perceived dormancy in the corporate bonds market. The Acting Director General of SEC, Mr. Mounir Gwarzo, disclosed this while briefing of capital market correspondents at the end of the first quarter of 2015 Capital Market Committee, CMC meeting in Lagos.
2015 Federal Budget: Matters Arising — Afrinvest
The Nigerian Federal House of Representative on Thursday passed the sum of N4.5tn budget for the 2015 fiscal year with an increase of N135.4bn over initial proposal submitted in November 2014. In addition, the House has adopted an oil benchmark of US$53.0, daily oil production of 2.3mbpd, exchange rate of N190.00/US$1.00 and fiscal deficit/GDP ratio of 1.1%.
MAY: Nigeria’s month with history as Adesina seeks to lead AfDB
The month of May is going to be a special year in the annals of Nigerian history as General Muhammadu Buhari will be sworn in as the President of the country having defeated the incumbent, President Goodluck Ebele Jonathan. In the same month of May another Nigerian, Dr. Akinwunmi Adesina, the current Minister of Agriculture and Rural Development, might be elected the President of the African Development Bank as the financing institution is electing a new president to replace the incumbent President Donald Kaberuka.
NCRIB gains wider acceptability with Limra’s recognition
The Nigerian Council of Registered Insurance Brokers (NCRIB) can now access the database of LIMRA, a world acclaimed financial services research consultancy body, following its admission. Conveying the NCRIB admission during the 2015 International Business trip of the Council’s delegates to Malta, Europe, the Operation Head of LIMRA Europe, Middle East and Africa, Carla Baldivia said with the admission, NCRIB would now have access to the database of the association and be able to access yearly global financial reports by the body.
LAPO awards scholarship to 700 students
LAPO Micro finance Bank (MfB) has awarded scholarship to about 750 students who are children of it’s clients who meet the requirements set by the scholarship board, targeting 100, 000 scholarship by 2022. The bank conducted a scholarship ballot exercise across all the zones of its operation in the country and 1000 students qualified for the scholarship but 750 who meet the requirement would benefit the scheme.
