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 […]
DBN to deploy $1.3b as loans to MSMEs
THE Development Bank of Nigeria is set to deploy $1.3 billion as loans to Micro, Small and Medium Enterprises (MSMEs) in the country.
18 banks resist push towards lower interest rates
ALMOST one year after the Central Bank of Nigeria, CBN, began a drive towards lower interest rates, about eighteen banks have declined to toe the apex bank’s policy line.
FBN Insurance leads winners at annual African insurance awards
FBN Insurance has won the insurance company of the year award at the annual Africa Re Insurance Awards at the just concluded African Insurance Organisation, AIO, annual meeting in Ghana.
Why investors are frosty-footed on bellwether stocks
WE continue our inquest into the current earnings performance of leading companies in the Nigerian Stock Exchange, NSE, at the backdrop of the continued adverse investor sentiments on the stocks.
Dangote Sugar Refineries Plc: Margin expansion amidst slowed sales
IN Q1’18 Dangote Sugar Refineries’ revenue declined 30.9% year-on-year (YoY) to N41.1 billion, much lower than analysts’ projection of N48.2 billion for the quarter (-17.2% deviation). But the company’s after tax earnings improved by 10.9% YoY to N5.3 billion, although this also lagged analysts’ N6.8 billion estimate (29.7% deviation).
