Financial Markets

Economic Risks of Minimum Wage Hike Without Productivity Boost, Warns Rewane

Bismarck Rewane, Managing Director of Financial Derivatives Company Limited, highlighted the serious economic risks of increasing Nigeria’s minimum wage without a corresponding rise in...

Binance Faces Due Process in Nigerian Legal System, Says FG

The Nigerian government has assured that the ongoing trial of Binance and one of its key executives, Tigran Gambaryan, will strictly adhere to due...

Heritage Bank Liquidation: NDIC Assures Depositors of ₦5m Insured Fund Recovery

How Heritage Bank Customers Will Receive ₦5m Insured Funds: A Step-by-Step Guide The Nigeria Deposit Insurance Corporation (NDIC) has initiated the liquidation process for Heritage...

Naira Climbs to 1,339.33/$ at Official Market, Signaling Strengthening

The naira saw an uptick to 1,339.33/$ by the close of trading on Monday at the official window, marking a 9.68% rise from Friday’s...

FBN Holdings Reports Strong Q1 2024 Performance with N238.53bn Profit Before Tax

FBN Holdings Plc announced a profit before tax (PBT) of N238.53 billion for the first quarter (Q1) ended March 31, 2024, reflecting an impressive...

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