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 […]
FCAM’s Legacy Short Maturity records 12.99% returns
FCAM’s Legacy Maturity (NGN) Fund shareholders, a mutual fund managed by First City Asset Management Limited, have approved 11kobo dividends for the financial year ended June 30, 2017.
Risk Based Supervision: Four insurance firms at sea over N14.8bn capital short fall
AS the insurance sector awaits the commencement of Risk Based Supervision, RBS, this year, four insurance companies are in dilemma over N14.8 billion shortfall in their shareholders’ funds, which are far below regulatory requirement.
Akwa Ibom govt is pursuing a private sector driven industrialisation agenda — Udoh
Commissioner of Information, Akwa Ibom State, Mr Charles Udoh, in this interview with Financial Vanguard disclosed the state government’s drive to industrialise the state and efforts to build infrastructure to attract foreign investors in different sectors of the economy. He disclosed that opportunity exists to build gas fired thermal power, other factories, among other viable projects in the state.
First Royal Micro Finance Bank defies harsh times, pays dividends to shareholders
NOTWITHSTANDING a drop in its profits after tax from N26,001,560 in the 2015 financial year, to N20,081,488 in 2016 owing to the adverse economic situation that characterised the 2016 financial year, First Royal Microfinance Bank has announced a dividend of five kobo per share for the financial year that ended December 31, 2016 to its share holders.
UBA Board to consider 2017 financial statements, proposed dividend
United Bank for Africa (UBA) Plc has announced its upcoming Board meeting, scheduled for Monday, January 29, 2018, where members of the Board will consider the financial statements for the financial year ended 31 December 2017 and also proposals for final dividend for the period.
FBN Insurance wins global award for third time
FBNInsurance said it has won the World Finance Global Insurance Award as the Best Life Insurance Company in Nigeria, 2017 for the third time.
Kwara approves N100m SME funds for market groups
THE Kwara State gover-nor, Abdulfatah Ahmed, has approved the release of N100 million Small and Medium Enterprises (SME) funding to market associations in the state.
Bayelsa enterprise agency wins 2017 World SME award
The Bayelsa State Microfinance and Enterprise Development Agency has gained international recognition by bagging the 2017 World SME Excellence Award.
Getting business loans from the banks (5)
In the series we started last month in this column, we began a discuss on SME loan packages available in commercial banks and we concluded with that of Stanbic IBTC Bank through the end of 2017. This year, we are continuing with the series, focusing on Diamond Bank Plc.
Firm launches platform for graduates’ skills devt
A firm, Perfect PA, has launched a platform to train graduates on employability skills and link them to high-end business executives and Small and Medium Enterprises (SMEs) through a Personal Assistant Management Platform.
