Transcorp Power Limited, Nigeria’s leading power generation company, located in Ughelli Delta State, with an installed capacity of 972MW, was presented with a post-privatisation discharge certificate by the Federal Government of Nigeria, following fulfilment of all privatization conditions. Transcorp Power will no longer be subjected to post-privatisation monitoring and is the first privatized power generation company to achieve this milestone since the ... Read More »
Author Archives: NewsThumb Magz
Breaking : Adeleke Vs Oyetola: The Supreme Court has scheduled Tuesday for the judgment rule on Osun Governorship Election
The Supreme Court has scheduled judgment for 2pm on Tuesday in the appeal filed by former Osun Governor, Gboyega Oyetola against the election of Ademola Adeleke. Oyetola is, by his appeal, seeking the reversal of the March 25 judgment of the Court of Appeal in Abuja which affirmed Adeleke’s victory in the last governorship election in Osun State. The Appeal ... Read More »
Update : $19 billion plant : Good news as 650,000 BPD Dangote Refinery is ready for inauguration, Says FG
….. As experts express optimism about meeting local demand THE Federal government, yesterday, confirmed the planned inauguration of the 650,000 barrels per day, bpd Dangote Refinery on May 2023. The company had indicated that the $19 billion plant will be inaugurated before President Muhammadu Buhari leaves office. However, in his tweet, Special Assistant to the President on Digital Communications, Bashir ... Read More »
Wema Bank Announces Top 3 Contestants in Sounds of ALAT Competition
L-R: Sounds of ALAT Judges, Alpha Ojini, Cobhams Asuquo, Head, Brand and Marketing Communications, Wema Bank, Mabel Adeteye; MD/CEO, Wema Bank, Moruf Oseni, Sounds of ALAT, Judge Omawuni Megbele, Executive Director, Retail and Digital Business Directorate, Wema Bank, Tunde Mabawonku and Sounds of ALAT, Judge DJ Sose at the unveiling of the Top 3 participants of the Sounds of ALAT ... Read More »
Update : “Akpabio Will emerge as the next Senate President”,APC leaders back him, Says Ganduje
…. Contest will be based on constitutional provisions – Yari Outgoing Governor of Kano State,Dr. Abdullahi Ganduje,has dropped the strongest hint so far about the chances of former Akwa Ibom State Governor Godswill Akpabio emerging as the next Senate President. Ganduje spoke in Calabar on Thursday ahead of a meeting yesterday of All Progressives Congress (APC) leaders agreeing on Akpabio ... Read More »
“By providing meaningful welfare and conducive work environment for public servants”, You are a fighter of corruption – Says Bola Tinubu
..“Whatever you say about owing or no owing, I’m very grateful to the man who brought me here” – Asiwaju ..My fear is lack of maintenance culture for Big projects – Wike NIGERIA’s President-Elect, Ahmed Bola Tinubu on Thursday described Governor Nyesom Wike of Rivers state as a fighter of corruption in his provision of meaningful welfare and conducive work ... Read More »
Wema Bank Floats ALAT Alumni Community
Wema Bank, one of Nigeria’s leading financial institutions, has announced the launch of the ALAT Alumni community, virtual community exclusively designed for former employees of the bank. The announcement was made during a virtual launch session on May 1st, which had over 350 former employees in attendance. The platform provides former employees with a platform to connect, network, and grow ... Read More »
ZENITH BANK’S LANDMARK N100.47 BILLION DIVIDEND PAYOUT EXCITES SHAREHOLDERS
At the 32nd Annual General Meeting (AGM) of Zenith Bank Plc, held virtually from the Civic Centre, Victoria Island, Lagos, on Tuesday, 2 May 2023, shareholders of the bank unanimously approved the proposed final dividend payment of NGN2.90 per share. This brings the total dividend for the 2022 financial year to NGN3.20 per share, with a total value of NGN100.47 ... Read More »
GTCO Plc Releases 2023 Q1 Unaudited Results …….. Reports Profit Before Tax of ₦74.1billion
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 »
Update : Egyptian authorities open border to airlift the stranded Nigerians in Sudan
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 »