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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Crude oil price fall will force economic restructuring —Agbaje

Crude oil price fall will force economic restructuring —Agbaje

By Babajide Komolafe The sharp decline in the price of crude oil will force policy makers in Nigeria to restructure the economy. Senior Consultant/Chief Executive Officer, RTC Advisory Services Limited, Mr. Opeyemi Agbaje said this, while speaking at a forum titled: “Review of 2014 and Projections for 2015,” organised by the Finance Correspondents Association of […]

Banks earn N27.76bn from deposits placed with CBN

Banks earn N27.76bn from deposits placed with CBN

In the third quarter of last year, “Total request for the standing lending facility (SLF) granted during the review period was N327.38 billion with total interest earned amounting to N175.31 million, compared with the total request of N198.19 billion and total interest of N93.89 million in the preceding quarter.

Enhancing VAT voluntary compliance

Enhancing VAT voluntary compliance

The operation of the tax law is universally administered. Every person (corporate or individual) is a taxable entity no matter how, when and what method is used to conduct the business.