Guaranty Trust Holding Company Plc (GTCO or the Group) has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2023, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦74.1billion, representing an increase of 36.5% over ₦54.3billion recorded in the corresponding period ended March 2022. The ... Read More »

Our correspondence reports buses arrived in Sudan to evacuate Nigerian students caught in the ongoing crisis. The buses were meant to take the students to the Egyptian border from where they were to be airlifted to Nigeria. However, on getting to the Aswan border in Egypt, they were refused entry. NIDCOM said the Egyptian authorities were insisting on visas, adding ... Read More »

The President-Elect Asiwaju Bola Ahmed Tinubu has assured workers of better deal under his administration. He said he will give them more than a minimum wage but a living wage that will guarantee a decent life and enable workers provide for their families. He also promised to be a dependable ally of the nation’s workforce as soon as his administration ... Read More »

Wema Bank, a leading Nigerian financial institution renowned for its innovative banking solutions and Africa’s first fully digital bank, is set to commemorate its 78th and 6th anniversary with a bang. The week-long celebration, which commences on May 1st, 2023, promises an array of exhilarating activities and competitions open to its employees, clients, and the public. Kicking off the anniversary ... Read More »

Zenith Bank Plc has announced its unaudited results for the first quarter ending 31st March 2023, with an exceptional double-digit growth of 41% in Gross Earnings, increasing from ₦191.5 billion in Q1 2022 to ₦270 billion in Q1 2023.The unaudited statement of account submitted to the Nigerian Exchange (NGX) on Friday, 28th April 2023, indicated that the significant double-digit growth ... Read More »

The National Vice Chairman of the All Progressives Congress for North-West, Mallam Salihu Lukman, on Thursday, carried out his threat to sue the party’s National Chairman, Senator Abdullahi Adamu, and National Secretary, Iyiola Omisore, for alleged breach of the party’s constitution. The development came one week after Lukman issued an ultimatum to Adamu and Omisore to convene an emergency meeting ... Read More »

An Osun High Court presided over by Justice Oyebola Ojo has reserved judgment on the case of Hilton Hotel owner, Dr Rahmon Adedoyin and six staff over alleged murder of Master student of Obafemi Awolowo University, Ile-Ife, Timothy Adegoke. Justice Ojo adjourned the trial for today for adoption of final written addresses from the prosecution and defense counsel. Adedoyin with ... Read More »

…… Declares total dividend of 50K per share Fidelity Bank Plc, a leading financial institution released its 2022 Audited Financial Statements on the Nigerian bourse today. The results showed a 34.4% growth in Gross Earnings YoY to N337.1bn, driven by 45.2% growth in interest and similar income to N295.6bn. The increase in Interest Income was led by a combination of ... Read More »

The National Economic Council, NEC, has suspended the planned removal of subsidy on petroleum products by the end of President Muhammadu Buhari’s administration. The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed disclosed this while briefing State House correspondents at the end of the NEC meeting presided over by Vice President Yemi Osinbajo at the Presidential Villa, Abuja. ... Read More »

E Jean Carroll who claims Donald Trump raped her nearly three decades ago in a department store changing room has told a court: “I’m here to try and get my life back.” “I’m here because Donald Trump raped me, and when I wrote about it, he lied and said it didn’t happen,” E Jean Carroll told jurors at a federal ... Read More »