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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E-TAXPAY PAYMENT…  Promoting Transparency in  Tax Payment System

E-TAXPAY PAYMENT… Promoting Transparency in Tax Payment System

tax 1Electronic-Taxpay is an onlineself-service tax payment system which gives taxpayers the opportunity to pay their taxes through their banks’ online payment portals. It is an initiative of FIRS in collaboration with Nigerian Interbank Settlement System (NIBSS).

Deloitte survey reports surge in Africa’s mega projects to $326bn in 2014

Deloitte survey reports surge in Africa’s mega projects to $326bn in 2014

Investment in African mega projects surged 46% to US$326 billion last year led by heavy investment in transport, energy and power, according to the third annual Deloitte African Construction Trends report, which monitors progress on capital intensive infrastructure on the continent. To qualify for inclusion in the Deloitte African Construction Trends report, projects must be valued at more than US$50 million and had to have broken ground by at least 1 June 2014.

Transition to e-payment of taxes will be gradual — Obaro

Transition to e-payment of taxes will be gradual — Obaro

In order to make tax payment more convenient for tax payers, the Federal Inland Revenue Service (FIRS) last month introduce electronic filling and payment of taxes. The initiative was in partnership with SystemSpecs, owners of the Remita electronic payment platform, which can be used for electronic filling and payment of taxes. In this interview, John Obaro, speaks on the objectives and benefits of e-filling and payment of taxes and the role of Remita in the initiatives. Excerpts

SMEs can access finance with appropriate strategies — BoI

SMEs can access finance with appropriate strategies — BoI

The Bank of Industry, (BoI), has said that Small and Medium Enterprises (SMEs) in Nigeria can overcome the challenge of lack of access to finance by employing appropriate strategies suitable to their peculiar characteristics. Disclosing this at the 2015 Annual General Meeting of the Nigerian Association of Small and Medium Enterprises (NASME), Executive Director, Small and Medium Enterprises, BOI, Mr. Waheed Olagunju, said SMEs are recognised as playing key roles in the economy of any society and Nigeria is not an exception.

Quoted firms research reports: Related brokerage firms should not be involved —Analyst

Quoted firms research reports: Related brokerage firms should not be involved —Analyst

The Senior Africa Investment Analyst, Mr. Jude Fejokwu has said that Board members of listed companies on the Nigerian Stock Exchange , NSE that own or partly own stakes in brokerage firms and/or investment banks should be prevented from publicly disseminating equity research reports and related materials on the companies they are board members of using their in-house analysts.