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 […]
Reinsurers to reject under-priced risks from 2018
Reinsurers to reject under-priced risks from 2018
Equities to sustain positive momentum this week
OPERATORS in the capital market have said that the equities market will record another week of positive momentum after two consecutive weeks of rally.
UBA Group emerges African Bank of the Year at The Banker awards
UNITED Bank for Africa (UBA) Plc has been crowned the “African Bank of the Year 2017” by The Banker Magazine. This Banker Award is premier for Nigeria, as it marks the first time a Nigerian-headquartered bank will be winning the prestigious and highly coveted regional award.
FirstBank achieves PCI DSS Version 3.2 recertification
FIRST Bank of Nigeria Limited has successfully recertified to the Payment Card Industry Data Security Standard (PCI DSS) version 3.2, having been one of the first top-tier banks in Nigeria to obtain the PCI DSS certification in 2014.
CBN mandates IFIS to increase agent network to 150,000 by 2020
The Central Bank of Nigeria (CBN) has mandated Interswitch Financial Inclusion Services (IFIS), a subsidiary of Interswitch Group to grow its agent network to 150,000 by 2020, as it fulfilled all Approval-in-Principle requirements.
Cost of funds fluctuation to persist as N600bn hit interbank
THE fluctuation of cost of funds in the interbank money market will persist this week even as the market enjoys inflow of N600 billion from matured treasury bills (TBs) and statutory allocation funds.
Stringent measures necessary to sanitize capital market —CEO, Highcap Securities
David Adonri, Managing director/CEO, Highcap Securities Limited, in this interview with Financial Vanguard, spoke on some actions taken by the apex regulator of the Nigerian capital market, investors’ confidence and his expectations on the third quarter corporate performance in 2017, among others. Excerpts
Lafarge’s N131.65bn offer to reduce foreign debt, boosts profitability — Lafarge boss
LAFARGE Africa Plc has disclosed that the net proceeds from its Rights Issue of N131.65 billion will enable it to refinance a portion of the company’s foreign currency denominated shareholder loan, by way of a debt-to-equity conversion and also boost its profitability in the future.
Why ageing population accounts for over 60% equities holders
CAPITAL market operators have said that availability of higher investible income to the older investors compared to the younger generation of investors could account for possession of over 60 percent equities holding by the ageing population.
Currency stabilization will attract FDI — Donald Duke
Currency stabilization will attract FDI — Donald Duke
Experts see opportunities in brand building for SMEs
Experts see opportunities in brand building for SMEs
Eurobond: FG to reduce debt servicing by N90bn in 2018 — Adeosun
Eurobond: FG to reduce debt servicing by N90bn in 2018 — Adeosun
Nigeria remains key investment destination – Oxford group
Nigeria remains key investment destination – Oxford group
Hope rises for MSMEs as FG rolls out growth plan
Hope rises for MSMEs as FG rolls out growth plan
SMEs repay Fidelity Bank N1.8bn out of N2.5bn — MD
SMEs repay Fidelity Bank N1.8bn out of N2.5bn — MD
