Nigerian lender, Wema Bank Plc, saw its market value decline slightly to N86.149 billion on Friday due to selloffs. Ahead of its annual meeting with shareholders, the bank’s share price has plunged more than 46% behind its 52 week high.

The Nigeria Employers’ Consultative Association (NECA), says the private sector remains committed to the N57,000 earlier proposed at the Tripartite Committee meeting on National Minimum Wage.

The market value of Ecobank Transnational Inc. Plc. (ETI) fell by about 10% to N397 billion on Friday due to large volume selloffs on the floor of the Nigerian Exchange. In the first three months of 2024, earnings results revealed that the Pan African lenders earned $0.28 per share outstanding, as opposed to $0.26 on shares deployed for operation in the corresponding period in 2023.

The Federal Competition and Consumer Protection Commission (FCCPC), says President Bola Tinubu’s credit scheme will help to close the gap and reduce vulnerability of Nigerians to unethical digital loan companies.

VFD Group Plc recorded N1.021 billion loss before tax in financial year 2023 due to sharp decline in net investment income

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