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 […]
Saham Unitrust records 40% growth in premium income
Managing Director of the company, Mr. John Ijerheme, made this known adding that the company has also paid out N318 million in claims as at the end of May, up from N315.9 million paid during the same period in 2016.
Africa Re gets World Bank commendation on risk management
THE World Bank’s Global Index Insurance Facility (GIIF) has commended Africa Reinsurance Corporation (Africa Re) for educating over six million people on risk management
Advantages and disadvantages of fixed deposits
Even if the process of placing a fixed deposit varies slightly from one bank to another, opening a fixed deposit account is still very simple.
Navigating economic storm with monetary manoeuvres
There has been a boost in the local production of the items on the list of 41, just as substantial foreign exchange has been conserved owing to the reduction in the import bills of the country
Forex rate convergence imminent
THE steady appreciation of the naira in the Nigeria Autonomous Foreign Exchange (NAFEX) window, also known as Investors & Exporters window will persist this week, with the NAFEX rate falling to N360 per dollar. Meanwhile, volume of transactions in the NAFEX window reached $2.5 billion last week from $2.2 billion two weeks ago.
Sustainability in FX policy will ensure Nigeria is not exited from MSCI index – SCM Capital
To a large extent, we have seen that the Central Bank of Nigeria, CBN, has significantly intervened in the market to provide dollar liquidity and that is very supportive of the FX policy
Exchange-traded derivatives can support Nigeria’s growth ambition —NSE Vee Pee
AHEAD of the launch of Exchange Traded Derivatives, ETDs, by the Nigerian Stock Exchange, NSE, later in the year, the 2nd Vice-President of the NSE Council, Mr. Abimbola Ogunbanjo, has expressed optimism that the ETD initiative will develop into a robust market that could support the nation’s growth ambition.
Corporate expenses increase to N510bn
FINANCIAL results of some selected companies leading their various sectors have indicated successful strategies in taming the impact of inflationary pressures on the corporate bottom-line.
Equities: Mix of profit taking, bargain hunting to continue this week
THE equities market is likely to record a mixture of profit taking and bargain hunting by investors this week, amidst sustained investors’ confidence.
Berger Paints explains industrial dispute, assures NSE, shareholders
THE Management of Berger Paints Nigeria Plc has assured the Nigerian Stock Exchange, NSE, and the investing public that the peaceful demonstration by some sections of the staff over the exit date for gratuity would not have adverse effects on the company’s operations.
