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 […]
NIACA, ANCO calls for establishment of independent regulatory body
Nigerian International Air Courier Association (NIACA) and Association of Nigeria Courier Operators (ANCO) have called for the speedy passage of the Act establishing the Nigeria Postal Commission (NPC) as it seeks to regulate tariff rate in the industry.
Fuel subsidy and a fool and his money
“Fuel Subsidy: F.G. Admits N872bn deductions from States and LG Accountsâ€. The preceding is the title of a story on pg 2 of the 22nd of February 2010 edition of the Punch Newspaper.
Uncertainty over Transcorp’s $500m investment in NITEL
There is uncertainty over the fate of the $500 million invested in NITEL by Transnational Corporation (Transcorp). Vanguard investigation revealed that the federal government might not refund the money to TRANSCORP.
Monetary/Trade policy: Banks to declare executives’ compensation
The Central Bank of Nigeria, CBN, has introduced additional disclosure which banks must make in their reports to monetary authorities, shareholders, customers and the general public.
Experts disagree over CBN’s appointment of auditors for banks
Experts in the Nigerian financial system have disagreed over calls for appointment of banks’ auditors by the Central Bank of Nigeria (CBN).
Fashola urges PenCom to invest in housing
The Lagos State Governor, Mr. Babatunde Fashola, has called on authorities of the National Pension Commission (PenCom) to explore the possibility of investing in housing development in the country, especially for public servants.
Senate President tasks FHA on social housing
The Senate President, Mr. David Mark, has tasked the Federal Housing Authority (FHA) on the need to embark on social housing schemes in order to accommodate the housing needs of the masses.
Developer secures $5m Shelter Afrique loan
A real estate development firm, Pentagon Real Estate Investment Limited, has been granted a loan of $5 million by the Kenya-based Shelter Afrique for housing development in Nigeria.
Niger Delta ministry allocates 360 housing units
The Ministry of Niger Delta has allocated a total of 360 housing units to the nine states in the region, in its first phase of housing development aimed at addressing housing problem in the region.
Liquidity is the blood of micro-finance banks
The increasing rate at which microfinance banks (MFBs) are becoming distressed, coupled with the Central Bank of Nigeria’s insistence of not bailing out any MFB have compelled the Lagos State chapter of the National Association of Microfinance Banks (NAMB) to set up a Fund to cater for MFBs’ financial needs.
