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 […]
We will borrow more to fund critical infrastructure, says FG
By Johnbosco Agbakwuru – Abuja The federal government (FG) has said it will borrow more money to fund critical infrastructure, saying Nigeria would not make any meaningful headway in its quest for development if it doesn’t borrow more. Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said this, Thursday,at a maiden special media […]
FG, states, LGs share N640.3bn for January
The Federation Accounts Allocation Committee (FAAC) has shared N640.310 billion to the three tiers of government for January. Mr Hassan Dodo, the Director of Information, Ministry of Finance, Budget and National Planning, said this was made known in a communique issued at the end of a virtual conference of FAAC on Thursday. The committee in […]
Economic experts proffer solutions to funding budget deficit
By Peter Egwuatu Economic experts have proffered various means of funding N5.23 trillion 2021 budget deficit other than the ways and means that the International Monetary Fund, IMF, has cautioned the Central Bank of Nigeria, CBN from adopting. In their comments today during a webinar organised by the Chartered Institute of Stockbrokers, CIS titled ‘ […]
Kaduna LGs get N152.4m performance grants
***Zaria, Jema’a LGs get lion share By Ibrahim HassanWuyo The Kaduna state government has approved the disbursement of N152.4 million in performance grants to the 23 local government councils in the state after due assessment. A statement issued by the Special Adviser on Media and Communication, Mr Muyiwa Adekeye on Monday said that the decision […]
$12bn Paris Club Windfall: How 36 states, 774 LGAs ran into $3.2bn liability with Ned Nwoko
WHEN an acclaimed Interim Management Committee, IMC, of the Association of Local Governments of Nigeria, ALGON, January 10, raised the alarm that authorities of the 774 local government areas in the country were in the dark over an ostensibly decided plan by the Federal Government to deduct money running into billions of naira from their statutory allocations in the next 10 years, starting from 2021, and pay same as consultancy fees to popular politician and lawyer, Prince Ned Munir Nwoko, and other professionals, not a few Nigerians were startled by the disclosure
