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 […]
Fidelity Bank grows profit by 34% in Q1’19
FIDELITY Bank Plc’s profit before tax rose 34 percent to N6.7 billion in the first quarter ending March 2019 (Q1’19).
CBN introduces special intervention fund for MFBs
THE Central Bank of Nigeria (CBN) has introduced a special intervention fund for microfinance banks (MFBs) in the country, even as it assured that it will soon issue a new MFB policy.
Insurance claims rise faster than premium income
THERE are indications that insurance companies are groaning under the weight of a surging claims portfolio as more risks crystallize, despite efforts to stem the tide.
SAHCOL targets offshore expansion, double digit growth
FOLLOWING the successful listing of its shares on the Nigerian Stock Exchange, NSE, Skyway Aviation Handling Company Plc (SAHCOL), has said that it plans to expand its operations beyond the shores of this country to other West African markets and is targeting double digit growth in the next five years.
How FG, States, LGs shared N8tr in 2018
The Federal Government, 36 states and the 774 local government councils in Nigeria shared a total sum of N8trillion from the Federation Account in 2018 in spite of the shut-ins in several oil installations during the period.
