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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Equities rally to continue on expectation of FY’17 earnings

Equities rally to continue on expectation of FY’17 earnings

THE four day rally that saw investors in the Nigerian Stock Exchange, NSE, garner N234 billion last week will continue this week as investors continue to take position ahead of the release of full year 2017 financials by the quoted companies.

CBN to expand ABP with N42bn Greenfield egg plant

CBN to expand ABP with N42bn Greenfield egg plant

THE Central Bank of Nigeria CBN) is set to expand the scope of its Anchor Borrowers Programme (ABP) with funding support for the N42 billion Greenfield Integrated Poultry and Powderized egg plant.

GDP data release, N369bn inflow to shape market activities

GDP data release, N369bn inflow to shape market activities

FINANCIAL market activities  will this week be influenced by the release of data for the country’s Gross Domestic Product (GDP) for Fourth Quarter 2017   (Q4’2017) and Full year 2017 (FY 2017) by the National Bureau of Statistics, inflow of N369 billion into the interbank money market as well as liquidity mop-up by the Central Bank of Nigeria (CBN).

Contributory pension threatened over new rule

Contributory pension threatened over new rule

FOLLOWING a recent guideline from the National Pension Commission, PenCom, workers are jettisoning the Voluntary Contribution, VC, initiative of the Commission on the grounds that it defeats the original aim why workers embraced the initiative.