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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Downward trend in stocks presents buying opportunities — Stanbic IBTC Boss

Downward trend in stocks presents buying opportunities — Stanbic IBTC Boss

IT is generally believed that there is no better time to invest in the Nigerian capital market than now when prices of equities are falling. On the other hand, analysts have predicted a possible elongation of the present economic impairment. What will be your advice to an investor caught in this dilemma?

Lafarge Africa Plc: A green shoot already?

Lafarge Africa Plc: A green shoot already?

Consequently, we have revised 2017 PAT forecast higher to N25.8 billion, from N11.2 billion previously. The PAT is also reflective of the elimination of forex-related losses as well as relatively higher sales volume

FG appoints NIA DG as Deputy Commissioner Technical, NAICOM

FG appoints NIA DG as Deputy Commissioner Technical, NAICOM

THE Federal Government has appointed Mr. Sunday Olorundare Thomas, the former director-general, Nigerian Insurers Association (NIA) as the deputy commissioner, technical, of the National Insurance Commission (NAICOM) and Mr. Dikko Aliyu Abdulrahman, as director-general of the National Pension Commission (PenCom).

Why foreign reinsurers dominate Nigeria’s insurance market

Why foreign reinsurers dominate Nigeria’s insurance market

THE prevalence of foreign reinsurers, mostly European, that are presently taking about 65 per cent share of the Nigerian reinsurance market has been attributed to low underwriting capacity and shareholders’ funds of local reinsurers which are not sufficient to carter for the size of risk exposures.

Inflation: Mixed outlook as food prices remain high

Inflation: Mixed outlook as food prices remain high

AGAINST the backdrop of deceleration of inflationary pressures announced by the National Bureau of Statistics, NBS, last week, further insight into price movements in the first quarter of the year has indicated a mixed result.