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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FG to fund N794bn budget deficit via  domestic debt in 2012

FG to fund N794bn budget deficit via domestic debt in 2012

The Director-General of Debt Management Office (DMO), Dr. Abraham Nwankwo has said that the Federal Government will fund N794 billion of its 2012 budget through domestic debt, even as Nigeria’s total debt stands at about US $40 billion.

World body ranked Lagos high on Agric devt

World body ranked Lagos high on Agric devt

The World Bank Supervision Mission of the Nigeria Commercial Agriculture Development Project, CADP and the FADAMA III Project have ranked Lagos State high in the projects implementation across all the components.

Microfinance banks to construct 500 houses

Microfinance banks to construct 500 houses

Microfinance Banks in Lagos, under the auspices of the National Association of Microfinance Banks, Lagos State Chapter, NAMBLAG, have pledged to undertake a micro-housing project that will see them catering for the housing needs of a vast majority of the low income earners in the society.

SEC looking to appeal blocked Citigroup settlement: Report

SEC looking to appeal blocked Citigroup settlement: Report

Enforcement staff of the Securities and Exchange Commission may request the commissioners leading the agency that they appeal last month’s rejection by a U.S. district judge of a proposed $285 million settlement with Citigroup, the Wall Street Journal said, citing people familiar with the matter.

This is an action budget – Iweala

This is an action budget – Iweala

Following the presentation of the 2012 Appropriation Bill by President Goodluck Jonathan to the National Assembly on Tuesday last week, the Coordinating Minister and Minister of Finance, Dr. Ngozi Okonjo-Iweala briefed the press to give further insight into the highlights of the budget and how the Federal Government intends to ensure its successful implementation. Captured below is the detailed interaction between the minister and journalists.