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 […]
Pension fund: Contributors protest investment in power, capital market
Against the clamour by capital market stakeholders that part of the new pension contributions should be ploughed into the capital market as intervention fund, Pension Fund Operators, PenOp, have kicked against such move saying that it has a moral hazard.
Share value appreciates by N19bn
The value of listed equities on the Nigerian Stock Exchange, NSE, represented by the market capitalization, appreciated by N19.15 billion last week to close at N7.397 trillion.
FG sets 5 year rural ICT dev plan through USPF
The Federal Government has designed a five year programme for the Universal Services Provision Fund, USPF, to develop rural ICT connectivity across Nigeria.
Only sacked employees can access pension layoff benefits – Uduanu
Several sacked employees who have requested for 25 per cent of their contribution to the new pension scheme after six months have been unable to access the fund as stipulated in the Pension Act 2004. However, in this interview, Chairman of Pension Fund Operators, Mr. Dave Uduanu, said that their employers must sack them and not compel them to put in their resignation as is mostly the case for them to benefit from the new pension arrangement. He also revealed that next-of-kin of many dead retirees have not come forward to claim their entitlements
Diamond Bank has no plan for merger, acquisition
Diamond Bank Plc has explained that it has no plan for Merger and Acquisition (M&A) at the moment, but to concentrate on organic growth.
