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 […]
H1‘17: AXA Mansard records 36% increase in gross premium
AXA Mansard Insurance Plc, a member of the AXA Group, has reported 36 per cent increase in its Gross Written Premium in the first half of 2017 (H1‘17)
Custodian & Allied Insurance bags insurance company of the year award
LAGOS Chamber of Commerce & Industry (LCCI) has honoured Custodian and Allied Insurance Limited as the ‘Insurance Company of the Year’ at its annual award ceremony held in Lagos.
Flood victims file claims as insurers pay over N168m in 2015
INSURED victims of floods that ravaged some parts of Lagos State recently are already filing their claims, even as insurance companies paid N168.44 million claims on flood mishaps in 2015.
NASCON Plc: Costs swallow benefits of increased product prices
IN the season of strong first half 2017 (H1’17) earnings announcements, NASCON Allied Industries Plc was one of those that delivered impressive results.
Ilori becomes NIA DG
THE Governing Council of the Nigerian Insurers Association (NIA) has approved the appointment of Mrs. Yetunde Olubunmi Ilori as the substantive Director-General of the Association.
OAK Pensions records 77% growth in profitability
OAK Pensions Limited, one of the licensed Pension Fund Administrators in the country, said its profitability rose by 77 per cent to N230.88 million in the operating year ended December 2016 from N130.57 million.
ICAN appoints Evbodaghe as Registrar/CEO
THE Governing Council of the Institute of Chartered Accountants of Nigeria (ICAN) has appointed Mr. John Evbodaghe as Registrar/Chief Executive officer while Dr. Ben Ukaegbu and Mukaila Lawal were appointed Deputy Registrars.
Nwoke pledges to reposition NAMB to drive financial inclusion
MANAGING Director, HASAL Microfinance Bank, Mr. Rogers Nwoke, has emerged as the President of National Association of Microfinance Banks (NAMB) in the country, vowing to reposition the association to drive financial inclusion.
ASHON set to float first private-owned Commodities Exchange
THE Association of THE Association of Stockbroking Houses of Nigeria, ASHON, has concluded plans to float the first privately owned Commodity and Futures Exchange in the country as it commences training to prepare capital market operators for this development.Already, the first series of training for the Commodity and Futures market has been held under its Indian-based […]
Profit taking to resume this week as earning season draws to close
INVESTMENT analysts have said that transactions in the equities market this week will be dominated by profit takers. This is even as some operators have said that investors would trade cautiously as the earning season has come to a close.INVESTMENT analysts have said that transactions in the equities market this week will be dominated by profit takers. This is even as some operators have said that investors would trade cautiously as the earning season has come to a close.“With apparent profit-taking on some banking names despite the release of better than expected performance from Zenith Bank Plc, we anticipate cautious trading at week open,” said analysts at Vetiva Capital Limited, a Lagos based investment house, last weekend.
