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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FREE FLOAT, DELISTINGS: NSE may review free float rule, maintain liberal delisting rule

FOLLOWING the increase in the flouting of free float rule by quoted companies, the Nigerian Stock Exchange, NSE, is considering reviewing the rules to ensure that companies comply with the post listing requirement and avoid being delisted from the Exchange. Free float rule stipulates the minimum number of shares required by promoters of public companies listed on the NSE to be released to the investing public for trading at the stock market.

Standard financial management for MSMEs (1)

Welcome to 2019 usiness year. Many may call it political or more appropriately, election year, while others would call it whatever that matches their vocation or profession, but for this column dedicated to start-up entrepreneurs it is a new business year, irrespective of whatever that is happening in the entire society. Don’t get distracted, discouraged or disillusioned by the environmental circumstances. Stay focused on your entrepreneurial journey. The situation/ circumstances will still change but your success targets remains.

Minimum Wage: FG transmits Executive Bill to NASS

THE Federal Government on Wednesday transmitted executive bill to the National Assembly for the new minimum wage of N27,000 for state government workers and the private sector as well as N30,000 for the federal workers.

Naira down at N362.42 /$ in I&E window

The Naira yesterday depreciated to N362.42 per dollar in the Investors and Exporters (I&E) window due to an 11 percent decline in the volume of dollars traded.

Meristem boosts investor confidence with GIPS compliance

MERISTEMWealth Management Limited, a subsidiary of Meristem Securities Limited, has gone a step further in bolstering investors’ confidence with compliance to the Global Investment Performance Standard (GIPS), emerging the first asset management company in Nigeria to claim compliance.

Why some banks fail, others succeed – Amangbo, Zenith Bank CEO

It is quite challenging when you look at it globally. If you look at what happened from 2015 when we had massive drop in oil  prices, it virtually affected almost every country but it affected us more as an oil  producer and as a country that relies so much on foreign revenue from oil. So that in itself was a big challenge on its own. But the key thing is that our previous fundamentals have always been based on prudence in Zenith Bank.

Analysts task investors on cautious trading in equities

DESPITE the rally witnessed in the equity market last week on the Nigerian Stock Exchange, NSE Financial analysts have cautioned investors to be careful in their investment choice amidst brewing political jitters ahead 2019 elections.

Tax breaks, private sector investment will boost HDI — Economy analysts

AMIDST the challenges of trans-lating Nigeria’s population into real economic assets, economy experts at the just concluded third edition of annual Vanguard Economic Discourse have recommended use of tax incentives for private sector investment as a means of enhancing the quality of human life, otherwise known as human development index, HDI. However, they expressed divergent views on the nature of correlation between economic growth and HDI.

NSE debunks alleged stock market manipulation

THE Nigerian Stock Exchange, NSE has debunked alleged market manipulation following the massive market activities in the secondary market experienced last year between January and February 2018.

Prioritise HDI over GDP growth — Ozo-Eson

Chief economist of the Nigerian Labour Congress, NLC, Dr. Peter Ozo-Eson, at the Discourse raised some fundamental issues of strategy as well as global examples of successes that Nigeria can emulate in addressing its HDI challenges.

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