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 […]
Nigeria, 11 others earmarked for World Bank Agric Project …To get $ 51m assistance for 1.5 m farmers
Nigeria and 11 other have been earmarked to benefit from a World Bank’s West Africa Agricultural Productivity Programme (WAAPP) assisted regional agricultural project just as 1.5million Nigerian farmers are to benefit from the project.
Shareholder banks make 1400% profit in Helios/Interswitch deal
Shareholders of Interswitch Nigeria Limited made over 1400 per cent return on their initial investment in the company in the recent acquisition of majority stake by Helios Investment Partners.
Bearish trend takes over stock market, threatens market confidence
The declining trend on the Nigerian Stock Exchange (NSE) continued last week, deflating activities all through the week as well as threatening investors’ confidence.
NERC wades into PHCN charges …As CPC tables heap of consumers complaints
National Electricity Regulatory Commission (NERC) is wading into the various charges by Power Holding Company of Nigeria (PHCN) on electricity consumers especially the metering fee as Consumer protection Council tabled heap of complaints to the commission
Dollar: Is Nigeria aligning its reserves in other currencies?
Recently a group of the world’s most powerful countries, including China, Japan, Russia, and France, got together for a meeting without the United States of America. The meeting was on how a new reserve currency could be developed among trading nations out side the dollar. The report was written by Veteran Middle East reporter Robert Fisk for Britain’s Independent newspaper
OTC records N258.331m, as 3 new issues get approvals
A turnover of 161.6 million units worth N144,365,71 million in 1,339 deals was recorded this week
StanChart profitability rise by 19% to US$6.12bn
Standard Chartered Bank group recorded 19 per cent growth in profitability which rose to $6.12 billion in the operating year ended December 2010.
Edo threatens to revoke sale of Okpella cement factory
Edo State Government has threatened to revoke the sale of Edo Cement factory, Okpella to private investors by past administrations if the factory does not bounce back to production in the next two weeks.
World Bank endorses new Africa plan to sustain continent’s economic growth
The World Bank unveiled a policy for Africa that focuses on fighting corruption and boosting democracy after months of popular protests in North Africa led to the collapse of governments in Egypt and Tunisia. The World Bank’s board last week endorsed the plan, Obiageli Ezekwesili, the bank’s vice president for Africa, said in a video conference from Paris
Access Bank partners Commonwealth Council on power supply
In line with efforts to ensuring an effective and sustainable power supply in Nigeria, Access Bank Plc has entered into a strategic partnership with the Commonwealth Business Council on the hosting of the 2011 power summit taking place in London
