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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Electricity metre manufacturers urge DISCOs to source pre-paid metres locally

Electricity metre manufacturers urge DISCOs to source pre-paid metres locally

Two indigenous pre paid meter manufacturers have appealed to the Federal Government to prevail on Electricity Distribution Companies (DISCOs) to promote locally manufactured pre-paid meters. They made the appeal in Lagos against the backdrop of approval of funds for the procurement of one million electricity meters by the Federal Government.

PCI DSS recertifies FirstBank

PCI DSS recertifies FirstBank

FirstBank has achieved the recertification of the Payment Card Industry Data Security Standard (PCI DSS) in 2014, having been one of the first top-tier banks in Nigeria to obtain the certification in 2013. The certification is renewable annually as demanded by the standard and regulators following a rigorous audit of the Bank’s payment card security processes environment.

OTC Market:   Stanbic IBTC, BGL, 14 others account for 93.6% of trade

OTC Market: Stanbic IBTC, BGL, 14 others account for 93.6% of trade

As the NASD Over the Counter, OTC Market activity continues to rise, about 15 participating institutions in the market have accounted for 93.8 per cent of the trade done in the year 2014 Of the 86 participating institutions, 37 had traded on the NASD OTC market by the end of 2014. The top 5 traders accounted for 62.9 per cent of total market activity.