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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Eagle Flight MFB makes giant strides

WHEN the Central Bank of Nigeria, CBN, late last, year announced the revocation of operating licences of some 224 microfinance banks (MFBs) in the country as part of its statutory functions of regulating the banking industry, one of the names that featured was the Eagle Flight Microfinance Bank. There was panic in the sector as there was stampede in the industry as customers fell on one another trying to recoup their deposits

Promasidor begins NASSMAC registration

To further arouse the consciousness and interest in mathematics among secondary school students in Nigeria, Promasidor Nigeria Limited, Cowbell milk owner, said registration is on for the 2011 edition of the yearly Cowbell National Secondary Schools Mathematics Competition (NASSMAC).

Trust returns to promo as ‘Yume’ redeems pledge

Trust in promotional activities has begun to return in the sub-sector of the Marketing economy, reasons, consumers have begun to earn organisers confidence, particularly now that promotions are strictly monitored by regulating and controlling authorities.

Iran set to build 30,000 houses in Nigeria

The Islamic Republic of Iran has revealed plans to construct 30, 000 housing units in the Federal Capital Territory (FCT) and other parts of the country to reduce the problem of accommodation in the country

FMBN appoints e-payment consultant for NHF scheme

The Federal Mortgage Bank of Nigeria (FMBN) has appointed a consultant to install an e-payment platform that would enable subscribers the National Housing Fund (NHF) scheme to check their contributions on-line

Two Islamic banks, five banks mergers coming this year – CBN

Deputy Governor, Financial Sector Surveillance, says Central Bank of Nigeria CBN, Dr. Kingsley Moghalu on Monday said that the banking industry will experience the merger of ten banks in a matter of weeks while two Islamic banks will likely open shop before the end of the year

Naira not overvalued – CBN

On Monday, CBN Governor,Mallam Lamido Sanusi responded to call for devaluation of the Naira by the International Monetary Fund (IMF), saying the naira is not overvalued

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