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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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. 

Collective investment is safer mode to enter capital market — Emerging Africa Capital’s CEO

Collective investment is safer mode to enter capital market — Emerging Africa Capital’s CEO

Mrs Tonyi Sanni, CEO, Emerging Africa Capital Group, who is also the president, Corporate and Individual Investment Advisers, spoke to Financial Vanguard on activities of the Collective Investment Scheme, CIS, and how to make it more viable and attractive to investors. Excerpts: By Nkiruka Nnorom AVAILABLE data has shown that investors have continued to demonstrate […]