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 […]
Shareholders commend Union Bank’s debt recovery drive
SHAREHOLDERS of Union Bank of Nigeria Plc have commended the debt recovery drive by its management as the bank’s Non Performing Loan, NPL ratio declined to 8.1 percent for the financial year ended December 31, 2018 from 20.8 percent in the corresponding period of 2017.
JB rules out plans for rights issue as shareholders’ equity hits N35bn
JULIUS Berger Nigeria (JB) Plc has explained to investors that there was no need to float a rights issue at the moment as the company’s shareholders equity has risen to N35 billion.
FSDH Merchant Bank projects 11.23% inflation rate for April
FSDH Merchant Bank has projected further decline in the inflation rate to 11.23 percent in April.
Positive internal, external factors point to equity market rebound in Q3 — Prof Uwaleke
FOLLOWING the protracted bearish run in the equities market, Prof. Uche Uwaleke, Head, Banking and Finance Department, Nasarawa State University, Keffi and a professor of Finance and Capital Market, has said that some macro-economic indicators and other external factors indicate that the days of bears are fast coming to an end.
Group tasks CBN on Mortgage Interest Drawback Fund
Housing Development Advocacy Network, an NGO, has urged the Central Bank of Nigeria (CBN) to make the Mortgage Interest Drawback Fund (MIDF) a reality.
