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 […]
FG backs firm on property fair
The 2009 Nigerian Real Estate Fair slated for September 29-30 at the Expo Hall of Eko Hotel and Suites, Lagos has received the backing of the Federal Ministry of Works, Housing and Urban Development.
Land reform not to stifle states’ control – Mabogunje
Chairman, Presidential Technical Committee on Land Reform, Prof. Akin Mabogunje, has said that the new land reform policy will not suppress the control of states over their land resources.
Banks extend dominance to BDC services
The banking industry has extended its dominance to bureau de change (BDC) services, with the 24 banks selling $11.4 billion to retail foreign exchange end users through their BDC units.
Boosting housing development with mortgage liquidity facility
The gross inadequacy of affordable housing for the teeming Nigerian populace, especially in urban areas, has constituted a major challenge to succeeding government’s since the nation’s independence.
Effective Risk-based Auditing In Banks
The turbulent situation in the Nigerian Banking sector raises several questions on corporate governance and risk management. One of the key departments in any organization is the Internal Audit and Control department and the unit has a key role to play in assessing the risk appetite of the business. This week we look at how to make these units more efficient using risk based auditing techniques.
Insurance chieftains escape EFCC by the whiskers
The door of the Economic and Financial Crime Commission (EFCC) is beckoning on some insurance Chief Executives and Insurance Brokers to grace its cell as the spate of unethical business practices in the industry has taken a new dimension. The new sharp practices being employed by brokers is that of withholding or refusal to remit premium with some claiming they have used the premium or part of it for PR to get the business.
Insurance loses N30 bn annually
On marine and motor cover N25 billion unpaid claims
The Nigerian insurance industry is today ranked 65th globally in terms of size and 6th out of the 8 largest markets in Africa.
Shareholders warn CBN on sale of banks
Shareholders’ groups across the country and financial experts have described the ongoing move by the Central Bank of Nigeria (CBN) to sell the five troubled banks out rightly to foreign investors as a step into illegality. The CBN they averred has no right under the law to sell any bank in the country.
Legislation hinders credit bureau momentum
Lack of enabling legislation on consumer credit constrains the emergence of a credit bureau culture in the banking industry, Babajide Komolafe writes.
CBN going beyond its brief
Sir Sunny Nwosu, National Coordinator, Independent Shareholders Association of Nigeria (ISAN)
