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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Nasarawa Assembly approves N5b loan for Govt.

 In Order to adequately fund critical projects in Nasarawa state, the state government has sought and obtained a loan approval of N5bn private bond issuance by the state House of Assembly. It would be recalled that the state government had approached the state House of Assembly for its support and approval of N5bn only which […]

FG sets up inter-agency task force on N5trn AMCON debt recovery

The Federal Government has taken another determined step in its bid to recover over N5 Trillion outstanding debts owed by the Asset Management Corporation of Nigeria (AMCON), with the formal inauguration of an inter-agency Committee to speedily resolve the challenges in recovering the debts. Vice President Yemi Osinbajo, SAN, inaugurated the Committee on Monday at […]

H1’19: Tier-1 banks record N2.2trn, outperform GDP

DESPITE the sluggish economic growth and headwinds recorded in the first half of 2019, HI’19, aggregate growth rate in topline (gross earnings) and bottom-line (Profit Before Tax, PBT) of both tier-1 and tier-2 banks listed on the Nigerian Stock Exchange, NSE, tipped up to 5 percent and 11.6 percent to N 2.2 trillion and N561.3 billion.

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