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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Getting business loans from banks (Concluding)

Getting business loans from banks (Concluding)

In the last few weeks we have published some information on some selected banks’ SME credit facilities. We highlighted some key offers including special offers and major distinguishing offers between a bank and others. The banks we examined include Wema Bank, Stanbic IBTC, Diamond Bank etc.

Enugu govt commends NBC youth empowerment programme

Enugu govt commends NBC youth empowerment programme

The Governor of Enugu State, Mr. Ifeanyi Ugwuanyi has commended the management of Nigerian Bottling Company (NBC) Limited for its commitment to the socio-economic well-being of the nation particularly in the areas of youth empowerment aimed at reducing the growing level of unemployment in the country.

LCCI empowers 49 entrepreneurs through mentoring programme

LCCI empowers 49 entrepreneurs through mentoring programme

The Lagos Chamber of Commerce and Industry, LCCI, Tuesday, said it is set to hold a graduation ceremony for 49 young entrepreneurs who have successfully participated and completed the 2018 edition of its annual Mentoring Programme.

New policy on insurance of govt assets underway

New policy on insurance of govt assets underway

SOME insurance companies will soon lose their hold on government businesses as the federal government is putting modalities in place for a policy mandating Ministries, Departments and Agencies, MDAs, to award their insurance contracts to companies with high risk management models.

Stanbic IBTC commissions  Africa-China Banking Centre

Stanbic IBTC commissions Africa-China Banking Centre

STANBIC IBTC Bank Plc   has commissioned an Africa-China Banking Centre, ACBC, to offer Nigerian and Chinese clients a business-to-business networking and personal advisory service and also help them to access and unlock the many opportunities in Nigeria-China trade.

Africa Re records 11.26 % increase in premium income

Africa Re records 11.26 % increase in premium income

AFRICAN Reinsurance Corporation said that in spite of the huge losses and catastrophe that hit the insurance sector in recent times, it recorded 11.65 percent increase (year-on-year) in its premium income for the  nine months financial period ended September of 2018 (9M’18).

MPC to maintain rates to sustain foreign portfolio inflows

MPC to maintain rates to sustain foreign portfolio inflows

WITH dollar inflow into the Investors and Exporters window, I&E, falling by 42 percent in October, and the external reserves maintaining its downward trend, losing another $2.639 billion since the last meeting of the Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, in September, economic analysts have projected that the committee, at the end of its meeting this week, will maintain its policy rates in deference to the need to sustain dollar inflow from foreign portfolio investors in the nation’s debt market with a view to forestall the declining trend in the reserves and demand pressure in the nation’s foreign exchange market.