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 […]
Unity Bank boosts youth empowerment with UniFi
UNITY Bank Plc has introduced a new product, UniFi, aimed at creating empowerment for youths nationwide.
Dangote Flour, others, boost wheat production
In a bid to boost the country’s self-sufficiency in wheat production, Flour Milling Association of Nigeria (FMAN), made up of Dangote Flour Mills, Flour Mills of Nigeria, Honeywell Flour, Dufil, and Life Flour have donated 50 units of multi-crop thresher machine worth N70 million to Wheat Farmers in the country.
Nigeria population advantageous if government pays adequate remuneration — Issa Aremu
The Vice President Global Union, African Region, Mr. Issa Aremu , at the second edition of the Vanguard economic discourse last weekend titled, “Economy in Rebound: Pitfalls, Trajectories and Resettings”, said that the Nigerian population can be an asset if government pay workers adequate and proper remuneration.
Raising capital base will not undermine confidence in MfBs – MD Alekun MfB
The Managing Director, Alekun Microfinance Bank, MfB, Mr. Joshua Ukute, in this interview, spoke on various issues affecting the subsector, including the National Collateral Registry and the expected increase in capital base of MfBs
We are partnering with global development banks for long term SMEs funding — Okpanachi, MD Devt Bank
Managing Director of Development Bank of Nigeria, DBN, Mr. Tony Okpanachi, has disclosed that the bank is partnering with development banks across the globe to make long term loans available for Small and Medium Scale Enterprises, SMEs, in the country.
No govt will submit its legal tender to cryptocurrencies —Shonubi, NIBSS CEO
Will the banks be threatened by the Fintechs? Yes, I think there is even other business that is easier for the Fintechs to get involved in
Improved sales, cost efficiency boost May & Baker’s PBT by 75 %
May & Baker Nigeria Plc has recorded significant growth in major financial indices as its Profit Before Tax, PBT for the year ended March 31, 2017 rose by 75 percent to N605.6 million from N345.94 million in 2016.
NSE: Bargain hunting to prevail ahead of QI‘18 earnings release
As the first quarter 2018, Q1’18, draws close, investment bankers and financial analysts have said that bargain hunters will rule the equities market pending the commencement of release of Q1’18 results by quoted companies.
CBN to intensify liquidity mop-up as inter-bank battles N1.2trn excess liquidity
The Central Bank of Nigeria (CBN) is expected to intensify its liquidity mop-up operations this week to address the build up in excess liquidity in the interbank money market which rose to N1.2 trillion last week.
Corporate Performance Update: Earnings of 96 firms hit N7.6trn, profit up 40%
The full year 2017 (FY’17) corporate results of 96 major companies quoted on the Nigerian Stock Exchange, NSE have shown a significant impact of the recovery of the economy which started mid last year, with their gross earnings surging by over 22.3 percent to hit N7.6 trillion from 6.2 trillion in 2016.
