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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It is risky not to have life insurance – Onekhena

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

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

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.

Nigeria’s budgets are heavily skewed – ICAN President

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: