Alhaji Aliko Dangote, Chairman of the Dangote Group, has expressed concern over the decision of the Central Bank of Nigeria, CBN, to raise the interest rate to nearly 30 per cent. Speaking at a summit hosted by the Manufacturers Association of Nigeria (MAN), on Tuesday at the State House in Abuja, the business mogul made […]
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Guaranty Trust Holding Company Plc (“GTCO” or “the Group”) has announced dates for the 2024 GTCO Autism Program and follow-up consultations. This year’s program is themed “A Spectrum of Possibilities” to promote inclusivity, self-advocacy, and empowerment for persons on the Autism Spectrum. The theme A Spectrum of Possibilities aligns with GTCO’s commitment to diversity, equity, […]
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The Nigerian Deposit Insurance Corporation (NDIC) has revealed that it is already in the process of paying Heritage Bank depositors. The managing director of NDIC, Bello Hassan, made the disclosure and gave the assurance during a press briefing in Abuja on Wednesday. Recall that on June 3, the Central Bank of Nigeria (CBN) revoked the banking licence […]
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Africa’s Global bank, United Bank for Africa (UBA) Plc, joined the rest of the world on Friday, May 24, 2024, to mark this year’s edition of the Africa Day. The celebration which went on concurrently across all of its subsidiaries in Africa as well as in the United Kingdom, France, United States of America and […]
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The Nigerian naira depreciated to N1,520 per dollar at the parallel section of the foreign exchange (FX) market on Monday. This is a 3.4 percent decline from the N1,470/$ traded on May 10. The bureau de change (BDC) operators, popularly known as street traders, put the buying price of the dollar at N1,490 and the selling price […]
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Governor Siminalayi Fubara of Rivers state has said a judicial panel of inquiry will be set up to investigate the management of the state’s resources and affairs under past administrations. The governor made the proclamation on Monday while swearing in Dagogo Iboroma, a senior advocate of Nigeria (SAN), as the Rivers’ attorney-general and commissioner for […]
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Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the year ended December 31, 2023, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦609.3billion, representing an increase of 184.5% over ₦214.2billion recorded in the corresponding year […]
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Junior Odonwodo, the Nollywood actor, popularly known as Junior Pope has been confirmed to be alive — a few hours after he was reported dead. The movie star was earlier said to have fallen into the River Niger in Asaba, Delta state on his way to a movie location. It was gathered he was in […]
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Hosts Ivory Coast came from a goal down to complete one of Africa Cup of Nations’ most memorable comebacks in a 2-1 victory over Nigeria in Abidjan. The victory means they have to been crowed champions of Africa for a third time. Nigeria captain William Troost-Ekong headed the Super Eagles in front against the run […]
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