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 […]
Cost of funds to fall as N1.36tr inflow boosts interbank liquidity
IN spite of the increased aggressive liquidity mop up by the Central Bank of Nigeria, CBN, cost of funds is expected to fall further this week in response to inflow of N1.36 trillion into the interbank money market. Last week, cost of funds fell marginally in defiance of the liquidity mop up efforts of the CBN.
FOREIGN INVESTMENT IN 2019: Sustained decline threatens H1’18 gains
AS Nigeria’s economy struggles into 2019 there are indications that the impressive first half 2018, H1’18 foreign investment inflow may be wiped out by increasing headwinds both on the local and international fronts. Already the third quarter 2018 statistics are pointing to reversals which analysts forecast to be sustained into 2019 given some emerging adversities in the external sector.
NAICOM seeks other tools to enforce capital adequacy problem
THE National Insurance Commission, NAICOM, has said that it will consider other appropriate tools to address the issue of low capital in the insurance industry, following withdrawal of the circular on Tier Based Minimum Solvency Capital, TBMSC.
Safe ways to make online payments
ONE of the fallout of the cashless policy and rapid deployment of electronic payment channels is online payment.
Insurers should take up intensive awareness on benefits of micro insurance to SMEs
In this interview, Head, Agric & Micro Insurance at Leadway Assurance, Mr. Ayoola Fatona suggests ways to deepen micro insurance acceptance among SMEs
