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 […]
Afrinvest Reports: Bank asset quality metrics to improve in 2017
AFRINVEST Limited has said that banks asset quality metrics is expected to improve in 2017, even as the banking sector continues to experience further widening in the gap between tier-1 and tier-2 bank market share.
Insurance stocks have prospect for higher returns as economy improves — CEO Consolidated Hallmark
For us, much as we are on threshold of raising the money, we still felt it was better to combine our operations and we decided to look for other partners
Wema Bank secures shareholders approval for capital reduction
SHAREHOLDERS of Wema Bank Plc have approved the plan by the bank to reduce its share premium capital by N40.172 billion to N8.698 billion from N48.870 billion.
Mixed market sentiment to trail equities market this week
AS the third quarter earnings season approaches, financial analysts have predicted a mixed market sentiment this week, even as the equities market ended bullish.
N224bn inflow to boost interbank liquidity
THE interbank bank money market will, this week, receive liquidity boost of N224 billion but with little prospect of moderation in cost of funds.
Transfer of unclaimed dividend to Trust Fund not acceptable — Igbrude
Unclaimed dividend is the property of retail shareholders and becomes the property of the company that paid it after 12 years period that the shareholders could not claim it as stipulated by law.
Culture, attitudes hinder insurance role in economic development — Kari
In line with our strategic road-map, the Commission has set out reforms needed to re-position the Nigerian insurance sector to effectively serve our growing population and most importantly the financially under-serviced low-income segment. Notwithstanding Nigeria’s vast population, insurance had a mixture of myth, misunderstanding and ignorance defining it.
Global growth: No room for complacency, says IMF
THE IMF’s steering committee warned that global growth is at risk of faltering in coming years amid uncomfortably weak inflation and rising geopolitical tensions.
The NCRIB has improved in the last two years — Okunoren
At the beginning of my tenure, I highlighted my thrust of office and the challenges that were facing us as a professional body. Though it was not a bed of roses, yet the Council recorded some modest feats in the last two years. One is adding greater value to members. I am most delighted that today, it is a pride for any member to belong to the NCRIB, because of the added value members are getting from the Council.
Insurance critical to FG’s agric agenda — Africa Re
AFRICA Reinsurance Corporation, Africa Re, has disclosed that increased insurance penetration among farmers will help to drive the federal government’s agricultural transformation agenda.
