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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Alile throws weight behind subsidy removal

PIONEER Director General of the Nigerian Stock Exchange, NSE, Apostle Hayford Alile, Sunday, threw his wait behind Federal Government’s proposal to remove subsidy from the downstream sector of the economy by January warning…

Housing finance as a tool for economic development (II)

In Nigeria, the organisation for housing and housing finance is not radically different from the prevailing situation in other Third World countries. Several governments in Nigeria since independence have highlighted housing as a major focus.

CBN attempts new steps to stabilise naira

Central Bank of Nigeria CBN said weekend that it will sell dollars both directly into the market and at auctions, while it lifted the amount of dollars banks’ can hold in reserve, in a continued effort to stabilise the naira.

NECA calls for resource control, devolution of powers

NIGERIA Employers’ Consultative Association, NECA, has joined the growing clamour for resource control and devolution of powers from the center to states for the nation to develop, saying until “we address the basic issue of our political reform that focuses on devolution of power, resource control, fiscal federalism, whatever economic policies we are thinking of, we will not be able to realise their full potentials.

Interest rate hikes issue for private sector- Okonjo-Iweala

Nigeria’s sharp recent interest rate hikes will make it harder for the private sector to access affordable credit from banks, which is needed to drive growth in sub-Saharan Africa’s second-largest economy, the finance minister said on Thursday.

Stanbic IBTC drives financial inclusion with E.susu

Stanbic IBTC Bank has reiterated its commitment to facilitating financial inclusion in Nigeria by making banking easier and more accessible to operators in the informal sector through its E.susu product and service provided by the banks agent network.

Group blames FG for economic failure

Some group of Nigerians,named (Let there be light in Nigeria ) will Monday join the rest of the world in protesting against government’s involvement in private affairs businesses as well its lack of commitment in alleviating the suffering of the masses.

Banks set to increase support to real sector – Tuedor-Matthews

Banks in the country are now prepared to increase their support to the real sector of the Nigerian economy, using opportunities presented by the pension funds, bond market and grants by governments to certain sectors of the economy, says Mrs. Faith Tuedor-Matthews, Managing Director, Mainstreet Bank Limited.

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