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 […]
Senate passes N329.9bn 2021 FCT Statutory Budget
The Senate has passed the N329.9 billion 2021 Federal Capital Territory (FCT) Statutory budget. The approval came after the upper chamber considered the report of its Committee on FCT regarding the FCT Appropriation Bill, 2021 at Tuesday’s plenary. Chairman of the Committee, Sen. Abubakar Kyari said the budget was made up of N74 billion personnel cost, […]
Delta Assembly approves Okowa’s N4bn loan request
The Delta House of Assembly on Tuesday approved a request by Governor Ifeanyi Okowa for a N4 billion bridging finance loan facility from Zenith Bank. The Governor’s request was contained in a letter forwarded to the State Assembly and read during plenary by the Speaker, Mr Sheriff Oborevwori. Okowa said that the request was sequel […]
CBN tasks stakeholders on National FinTech Strategy
The Central Bank of Nigeria (CBN), has tasked stakeholders in the financial sector to ensure the development of a robust, inclusive and actionable National FinTech Strategy that is fit-for-purpose. The Deputy-Governor, Financial System Stability Mrs. Aishah Ahmad gave the charge at a virtual meeting for the development of the National FinTech Strategy in Nigeria in […]
Lagos owes 12.31% of Nigeria’s total domestic debt stock ― NBS
By Emmanuel Elebeke Lagos state accounting for 12.31% of the total domestic debt stock, the National Bureau of Statistics, NBS has said. The NBS disclosed this in its quarterly data release made available at its website yesterday. According to the data, Federal Government only domestic debt stock was put at N16.51, while States and FCT domestic debt […]
FAAC: FG, States, and LGs share N606bn
By Emma Ujah, Abuja The Federation Accounts Allocation Committee (FAAC), has shared the sum of N605.958 billion as federation allocation to the three tiers of government. According to the communique issued by the committee after a virtual meeting, Wednesday night, the amount shared represented revenues that accrued to the Federation Account and proceeds from the Value […]
