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 […]
Taking Nigeria out of poverty daunting task, yet to be pursued –Asiodu
The Lift Above Poverty Organization, LAPO, Development Forum’s 25th anniversary was held at the weekend in Lagos and experts such as renowned diplomat, Chief Philip Asiodu and non executive director of the Central Bank of Nigeria (CBN), Prof. Mike Obadan, said that moving Nigeria out of poverty is still daunting and yet to be pursued, just as non-state actors were charged to rise up to play their role in complementing government’s effort to drive economic development and transformation.
Tax remittance: BDCs to petition CBN over suspension of bank accounts
Bureaux De Change (BDCs) operators across the country are set to petition the Central Bank of Nigeria (CBN) against ongoing suspension of their bank accounts over demand for tax remittances on their turnover volumes.
New listings may be curtailed until secondary market picks up – Cowry Assets boss
Johnson Chukwu is the Managing Director/CEO of Cowry Asset Management, a Lagos-based investment banking firm. In this interview with Financial Vanguard, he spoke on the state of the equities market arguing that poor performance in the secondary equities market is contributing to dull activity in the primary market. Excerpt:
CAMA allows shareholders to be members of audit committee – Adebisi
National Coordinator, Independent Shareholders Association, ISAN, Mr. Adeniyi Adebisi, in this interview with Financial Vanguard spoke on audit committee membership and the provision of CAMA as well as government policy that affects the petroleum marketing companies quoted on the Nigerian Stock Exchange, NSE. Excerpts
Insurance is the safest form of risk transfer mechanism -Ilori
Director General of the Nigerian Insurers Association, NIA, Mrs. Yetunde Ilori, in this interview speaks on factors hindering Nigerians from fully adopting insurance culture. Excerpt
It is risky not to have life insurance – Onekhena
One thing I need to emphasize on is the importance of life insurance. It is risky for any person not to take life insurance, even when they know that in the event of death, there are dependents that would suffer.
How banks make free money – CBN Governor
In an address to Pressmen, about 5 years ago, in Abuja, Lamido Sanusi, who was then CBN Governor (2009-2014), unexpectedly, decried the prevailing monetary framework which facilitated banks’ access to make free money from their portfolio of government funds.
Insurers’ underwriting expenses outpace premium
There are indications that insurers are committing more resources to meeting insurance claims and other underwriting expenses. But this development may be eating into their earnings as expenses outpace gross premium written, GPW.
N220bn SME Fund: CBN using stringent condition to mitigate risk – MfB boss
Managing Director, Okuta Microfinance Bank Limited, Apostle Blessed Dike, in this interview explained why most Microfinance Banks, MfBs, are unable to access the N220 billion Micro Small and Medium Enterprises Development Fund, MSMEDF. Excerpt:
Nigeria’s budgets are heavily skewed – ICAN President
The President of the Institute of Chartered Accountants of Nigeria, ICAN, Alhaji Razak Jaiyeola, in this interview highlighted some of the issues that have bedevilled the Nigerian economy, especially the budgeting system. Excerpt:
