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 […]
Cashless: Banks get $510,000 US grant for data recovery
In demonstration of its support for the Central Bank of Nigeria’s (CBN) cash-less policy, United States Trade and Development Agency (USTDA) has provided a grant of $510,000 for the establishment of a Disaster Recovery Centre (DRC) to fortify and protect e-payment transactions in the country.
Past experience places MFBs on tight spot
Microfinance Banks (MFBs) are basically known to perform financial intermediation, that is, servicing or financing the Deficit Economic Unit through the resources derived from the Surplus Economic Unit and at reduced interest rate.
Rivers partners army on housing project
River State government is collaborating with the Nigerian Army to construct 50 blocks of housing units at the Second Brigade Headquarters in Port Harcourt.
Court dismisses suit against cashless policy
The Federal High Court sitting in Abuja has dismissed a suit instituted against the cash-less policy initiative of the Central Bank of Nigeria.
FG signs MoU to increase cotton yield per year
The Federal Government has signed a Memorandum of Understanding (MOU) with an Indian company, West African Cotton Company Limited (WACOT) to increase cotton yield by 400, 000 metric tons per year.
Geographical mapping key for disaster management – Sambo
The federal government is committed to mapping the nation’s geographical landscape in a bid to effectively address disaster management in the country.
UBA reviews ATM charges for customers
United Bank for Africa, UBA has reviewed charges associated with ATM cards, significantly lowering the cost of transactions, particularly for its Verve Debit card customers. Instead of the monthly charge of N100 which is a flat fee charged to all ATM card holders, UBA has introduced a pay-as-you-go charge structure.
Dana crash: NAICOM pressurises co-insurers to pay compensation on moral suasion
…As local lead insurer fails to remit premium
National Insurance Commission (NAICOM) has mounted pressure on local insurers that co-insured the ill-fated Dana aircraft which crashed at Iju-Ishaga on Sunday, June 3, 2012, to pay compensation to families of the victims based on moral suasion.
Aiico Pensions consolidates hold on pension sector
Managing Director and CEO of Aiico Pension Managers Limited, APML, Mr. Eguarekhide Longe, has said that his company is recapitalised enough to remain in the pensions business for a long time to come.
Intercontinental Bank: Akingbola’s transactions were regular, says witness
A defence witness, Mrs Ayoola Akande, has said the transactions of former Managing Director of Intercontinental Bank, Mr Erastus Akingbola, were regular.
