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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Housing: Stakeholders seek funding alternatives to mortgage

The virtually non-existent mortgage market in the face of a worsening housing situation in Nigeria, currently estimated to be in deficit of 17 million housing units, have jolted sstakeholders into seeking alternative financing for housing development in the country.

Access Homes funds Yaba housing project

Access Homes, a subsidiary of Access Bank Plc, is funding a new housing project that will comprise 88 housing units in the Yaba area of Lagos mainland.

Access Homes funds Yaba housing project

Access Homes, a subsidiary of Access Bank Plc, is funding a new housing project that will comprise 88 housing units in the Yaba area of Lagos mainland. The project, christened Alcove Homes, which has has taken-off with preliminary works involving site clearing and sand-filling is being jointly developed by GlobalMix Capital Limited in partnership with […]

CBN open to outsourcing examination of MFBs

Amidst growing disagreement among microfinance banking operators, the Central Bank of Nigeria (CBN) has indicated it is open to the idea of outsourcing examination of microfinance.

FCT, Chinese firm seal pact on housing

The Federal Capital Territory (FCT) administration has signed a memorandum of understanding (MoU) with a Chinese firm, Chinese Global Group Corporation (CGGC), to deliver mass housing, boost development of infrastructure and power generation in the in the territory.

Senate faults N5bn capitalisation of FMBN

The Senate has faulted the N5 billion capital base of the Federal Mortgage Bank of Nigeria (FMBN), describing it as ridiculously low and an indication that government is only paying lip service to provision of affordable housing to the people.

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