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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LSETF records 41.7% of planned MSMEs funding – REPORT

The Lagos State Employment Trust Fund (LSETF) posted 41.7 percent effectiveness in the funding of micro, small and medium enterprises (MSMEs) in the state by 2018, a report of Social Impact Assessment (SIA) of activities of the Fund between 2017 and 2018 has revealed

Rule on share transmission to reduce N100bn unclaimed dividend

Domestic retail investors have commended the decision of the Securities and Exchange Commission, SEC, to initiate rules that will facilitate transmission of investments of a deceased shareholder to the next-of-kin, saying that it will further reduce the incidence of unclaimed dividends currently put at over N100 billion in the market.

Commercial paper market booms over credit crunch

The number of companies raising short term debt through commercial papers (CPs) programme from the capital market ballooned last year following reluctance by deposit money banks to allocate funds to the private sector.

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