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 […]
FG expresses delight at strongest economic performance since recession
The federal government has expressed delight at the 4thQuarter 2018 numbers just released by the National Bureau of Statistics (NBS) on Tuesday.
Emerging stocks, FX rise on hope of progress in trade talks
Emerging market shares rebounded on Tuesday after four sessions of losses buoyed by hopes of a resolution of trade tensions between China and the United States.
Nigeria’s GDP grows by 2.38% in Q4 2018
The Nigeria’s Gross Domestic Product, GDP grew by 2.38 percent in real terms (year on year) in the fourth of 2018, the National Bureau of Statistics, NBS has said.
Why FG got $500m AFDB fund — Osinbajo
VICE President Yemi Osinbajo, today, gave reasons the Federal Government partnered with the Africa Development Bank, AFDB, to invest $500 million in the nation’s economy.
SON destroys N8m substandard products in Kano
OVER eight million Naira worth of substandard products have been destroyed by the Standards Organisation of Nigeria (SON) at Yankatsari Yangongon in Kano, in its ongoing efforts aimed at stopping trade in substandard goods in Nigeria.
MfBs push for implementation of NMP in intervention funds
THE National Association of Microfinance Banks, NAMB, has called for a full implementation of the National Microfinance Policy, NMP, in the application of intervention funds.
Equities rebound as investors gain N334bn
ACTIVITIES on the equities market rebounded last week despite jitters in the political environment with investors recording N334 billion gains on their investment.
Valentine: Diamond, Access banks to reward customers’ loyalty
Merger partners, Diamond and Access bank, have set aside delightful offers to reward loyal customers this valentine season.
We shall stimulate competition to moderate lending rates – DBN Boss
The Managing Director, Development Bank of Nigeria (DBN), Tony Okpanachi, spoke to our Group Business Editor, EMEKA ANAETO, on various issues in development financing in Nigeria now driven by DBN. Excerpts
Finance minister seeks coordinated green climate platform to move economy
AS part of measures to move the economy forward, the Minister of Finance, Mrs. Zainab Ahmed, has called for a coordinated green climate finance platform.
Stock investors defy political tension, turn bullish
THE equity market returned to positive territory gaining 2.92 percent Week on Week, WoW, as investors ignored the risks associated with the forth coming general elections to buy stocks with strong fundamentals across the sectors.
Afreximbank targets $4bn FDI with Export Development Fund
African Export-Import Bank (Afreximbank) said it hopes to attract $4 billion foreign direct investment (FDI) inflow into Africa through its Fund for Export Development in Africa (FEDA).
Stanbic IBTC reiterates support for Nigeria —China relations
Stanbic IBTC, a member of Standard Bank Group, has said it is pleased to join the Chinese community in Nigeria and other well wishers to celebrate the Chinese New Year, the year of the pig.
CBN to combat N1.6trn excess liquidity in February amidst rising business confidence
THE Central Bank of Nigeria, CBN, is set to intensify its liquidity mop up efforts to deal with excess liquidity of N1.6 trillion expected in the interbank money market this month, amidst rising business confidence over improved macroeconomic conditions during the month.
47 million bank accounts go dormant
MORE Nigerians have abandoned their bank accounts majorly due to economic hardship caused by sluggish economic growth, rising job losses and reduction in purchasing power occasioned by double digit inflation.
