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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Insurance is the safest form of risk transfer mechanism -Ilori

Insurance is the safest form of risk transfer mechanism -Ilori

We have different kind of losses and they could be financial, psychological, emotional or sentimental. On the other hand, people have different ways of handling their risk either through risk avoidance, risk reduction, risk retention, risk sharing and risk transfer. There is one way of risk handling that is cultural but fast disappearing especially when it comes to supporting ourselves, which is our large family culture.

H1’18: Conoil records 29% profit rise

H1’18: Conoil records 29% profit rise

Conoil Plc has lived up to its pledge to maintain its growth momentum as the company’s recorded improved performance in  the first half, H1’18 with profit soaring by 29 percent to N809.78 million.

NCDMB seeks listing of more  upstream oil & gas companies

NCDMB seeks listing of more upstream oil & gas companies

The Nigerian Content Development and Monitoring Board (NCDMB) has called on stakeholders in the capital markets to work towards the listing of more companies in the upstream oil and gas sector as well as those that add value to the hydrocarbon resources in the country.

RAK Unity Petroleum shareholders okay10k dividend

RAK Unity Petroleum shareholders okay10k dividend

Shareholders of RAK Unity Petroleum Company Plc have unanimously endorsed the proposal by its Board of Directors to pay a dividend of 10 kobo per share for the financial year ended December 31, 2017.

SEC gives Dec 31 deadline for multiple accounts’ regularisation

SEC gives Dec 31 deadline for multiple accounts’ regularisation

The Securities and Exchange Commission (SEC) has said that investors who bought shares of the same company using different names during public offers have an extended deadline of December 31 2018 to consolidate their multiple subscriptions into a single account and equally regularise their shareholding.

Can USSD Daily limit of N100, 000 checkmate fraud?

Can USSD Daily limit of N100, 000 checkmate fraud?

The Central Bank of Nigeria, CBN, recently introduced guidelines for USSD transactions. Among other things the guidelines include daily limit of N100, 000 on USSD transaction, apparently in a bid to checkmate fraud through the channel. Some bank customers who spoke with Financial Vanguard shared the opinion about the limit:

11Plc shareholders  get 800k dividend

11Plc shareholders get 800k dividend

Shareholders of 11PLC (Formerly Mobil Oil Nigeria Plc) have approved N2.6billion for payment as dividend translating to 800 kobo per share for its shareholders for the financial year ended 31 December 2017.