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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Eurobond: Nigeria external reserves to hit 54 months high of $45bn

Eurobond: Nigeria external reserves to hit 54 months high of $45bn

Statutory allocation funds to lower cost of funds By Babajide Komolafe NIGERIA’s external reserves will  rise to 54 months high of $45 billion this month following the conclusion of federal government’s $2.5 billion Eurobond this week. The Eurobond, which commenced last week with the announcement of its pricing on Thursday, will be concluded on Friday. According […]

Understanding Dormant Bank Account

Understanding Dormant Bank Account

YOUR bank account becomes dormant if you don’t use it to perform any transaction for two years. Such transactions include withdrawal of cash at a branch or Automated Teller Machine (ATM), payment by cheque, transfer of funds through Internet banking, mobile banking or ATMs, receiving dividend on shares or the interest of your fixed deposit in your savings account.

Industrial goods sector to benefit from increased CAPEX

Industrial goods sector to benefit from increased CAPEX

AGAINST the bear run that ruled the stock market last week and saw all the sectors close in the red, investment bankers and stockbrokers have said that the industrial goods sector will benefit immensely from the proposed N2.4 trillion capital expenditure in the 2018 budget.