Finance

First Bank named Nigeria’s strongest brand in 2026 by Brand 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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Banks Owned Insurance Companies not Arrogant

Banks Owned Insurance Companies not Arrogant

In this interview with Patience Saghana, Alhaji Auwalu Muktari, Managing Director of Fin Insurance Plc relays the vision of the company, where it aspires to be in the nearest future and also delves into topical issues such as post consolidation reform in the insurance sector.

Sanusi’s Interview With London Financial Times (2)

Sanusi’s Interview With London Financial Times (2)

Absent a fortnight or so ago, Lamido Sanusi, our new Central Bank Governor gave a detailed interview to the London Financial Times. It was clear that the new CBN top dog is not too happy with the performance of the Central Bank management and the Securities and Exchange Commission in their primary duties as the policemen of the money and capital markets.

Asset Valuation, Transcorp and the Reprivatization of NITEL (II)

Asset Valuation, Transcorp and the Reprivatization of NITEL (II)

The Problem with Transcorp Transnational Corporation of Nigeria (Transcorp) as a business concept was defective from the outset. The intent of the founders and originators may have been genuine and plausible; the idea lacked vision and definitive operational business strategy.

Crusader Insurance Wins Another Award

Crusader Insurance Wins Another Award

Crusader (Nigerian) Plc has won another Award adding to several awards already won this year by the company. This time it clinched Best Sector Leaders Award in the other Financial Institutions sector for 2008.

Crusader (Nigerian) Plc has won another Award adding to several awards already won this year by the company. This time it clinched Best Sector Leaders Award in the other Financial Institutions sector for 2008.

Crusader (Nigerian) Plc has won another Award adding to several awards already won this year by the company. This time it clinched Best Sector Leaders Award in the other Financial Institutions sector for 2008.

African Re Posts N51.17bn Premium Income in 2008

African Re Posts N51.17bn Premium Income in 2008

Africa Reinsurance Corporation posted a net premium income of $393.46million (N51.17billion) for the financial year ended December 2008 just as the South Africa is the reinsurer largest market with a premium income of $127.08million (N19.06billion) representing 31.69 percent of Africa Re’s total income.

LCCI, AULIC Settle Rift

LCCI, AULIC Settle Rift

In this interview conducted by Naomi Uzor, the President of the Lagos Chamber of Commerce and Industry (LCCI) Solomon Onafowokan, said the 2009 Lagos International Trade Fair (LITF) will be the biggest fair in Africa.

Oceanic, Aero Roll Out Online Travel Insurance

Oceanic, Aero Roll Out Online Travel Insurance

Oceanic Insurance Group has in conjunction with Aero Airline introduced an online travel insurance scheme to address air travel challenges for its customers in Nigeria and Ghana.

‘Nigerian on the path of De-Industrialisation’

‘Nigerian on the path of De-Industrialisation’

Mr. Sodhi Navdeep is UNIDO Consultant on textile and international trade. He spoke to Ifeyinwa Obi on the emerging trends in counterfeiting and smuggling in the textile industry and the negative effect it has on the nation’s economy. He also said between 1965 and 2008, more than 36 textile industries have closed down, leaving the workers jobless.

Trading Stocks on Short-term – Another Mistake Investors Should Avoid

Trading Stocks on Short-term – Another Mistake Investors Should Avoid

THE Nigerian Stock Market started the third quarter on a positive note. Though the rising trend could not be sustained throughout the week, it nonetheless increased hopes of further improvement in the performance indices of the Nigerian Stock Exchange (NSE) over the achievement in the second quarter.

ATM: Skye Bank begins issuance of Verve cards

ATM: Skye Bank begins issuance of Verve cards

Skye Bank Plc has announced the replacement of the magnetic stripe cards used for funds withdrawal at its various Automated Teller Machines (ATMs) with the fraud-proof and reliable verve card.

NSE market value soars by N290bn

NSE market value soars by N290bn

The value of listed equities on the Nigerian Stock Exchange (NSE) appreciated last week by N290.32 billion.
Specifically, the rally was brought about by gains on the share prices of listed equities, which buoyed key market indicators, the All-share index and market capitalisation by 4.93 per cent each.

Again, In the Eye of the Storm

Again, In the Eye of the Storm

Like a bad coin, the issue of Spring Bank acquisition by Bank PHB last week resurfaced with great intensity threatening the peace and harmony the bank had enjoyed in the last seven months following its acquisition by the latter, Lucky Fiakpa writes

ETI Strategise for new Financial Year

ETI Strategise for new Financial Year

By Lucky Fiakpa ETI shareholders express satisfaction with the group’s 2008 performance believing that as the new subsidiaries and branches begin to make meaningful revenue contributions to the group’s bottomline, its fortune will continue to grow brighter, Lucky Fiakpa writes

A Generator Economy, is not a Serious Economy

A Generator Economy, is not a Serious Economy

In this interview conducted by Naomi Uzor, the immediate past President of the Nigerian-British Chamber of Commerce Senator Dipo Odujinrin says even with 6000 mega watts of electricity the country would still be far from getting out of the woods. Excepts

Fidelity Bank: Redefining CSR with Social Investment

Fidelity Bank: Redefining CSR with Social Investment

As the concept of Corporate Social Responsibility catches on with more and more organizations across the country, many are now trying to lay emphasis in their area of strength and specialization, Lucky Fiakpa writes