Finance

First Bank named Nigeria’s strongest brand in 2026 by Brand Finance

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 […]
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FG’s external debt, States’ debt profile on the rise

FG’s external debt, States’ debt profile on the rise

The external debt profile of states has shown that Lagos State has the highest with a profile of $1.087 billion, followed by Kaduna State with a total of $234 million. Cross River State followed closely with an external debt profile of $131.469 million. Other states with relatively large external debt are Edo $123 million, Ogun $109 million, Bauchi $87million, Enugu $62 million, Katsina $78 million, Osun $67 million and Oyo State $72 million.

Taxation:  The Swivel of the Economy (2)

Taxation: The Swivel of the Economy (2)

The Nigerian tax system has undergone significant changes in recent times. The tax laws are being reviewed with the aim of repealing obsolete provisions and simplifying the main ones. Taxation in Nigeria is within the administrative purview of the three tiers of government, i.e. federal, state, and local governments as stated in the constitution, with each having its tax space delineated by the Taxes and Levies (Approved List for Collection) Act.

13 African YGL to benefit from Dangote fellowship

13 African YGL to benefit from Dangote fellowship

Among Seventeen Africans recognised as Young Global Leaders (YGL) in 2015 by the World Economic Forum (WEF) thirteen are to benefit from the Dangote Fellowship instituted by Dangote Foundation.

Economy: Stakeholders list options for Buhari

Economy: Stakeholders list options for Buhari

Business executives and sectoral groups in the economy have made a list of 23 recommendations to the President-elect, Major General Buhari (retd) on the management of the economy under his administration.