A firm belonging to the son of Nigeria’s president-elect bought an $11 million London mansion that his predecessor’s government was seeking to confiscate as part of a probe into one of the biggest corruption scandals in the West African nation’s history, according to previously unreported UK company documents. There’s no suggestion that President-elect Bola Tinubu […]
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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 […]
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Shareholders of United Bank for Africa (UBA) Plc have approved the Board’s proposal to pay a dividend of N1.10 per share for the financial year ended December 31, 2022. The shareholders gave their approval at the bank’s 61st Annual General Meeting (AGM) which was held virtually on Thursday, April 27th. The bank had earlier […]
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Transnational Corporation Plc (NGX: TRANSCORP), Nigeria’s largest diversified conglomerate, with investments in Power,Hospitality, and Oil & Gas, held its Investors and Analysts Conference Call on Thursday, April 20, 2023. The call discussed Transcorp’s Full Year 2022 and Q1 2023 financial results and provided an outlook for the rest of the year. Joseph Adegunwa, the Group’s […]
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Two girls identified to be among the remaining 98 Chibok school girls have escaped from their captors in the Sambisa Forest in Borno State. Sources who spoke with Daily Trust said that the escape was a result of intense military operations in the forest. Meanwhile, following probes, a security source identified the escapees as Hauwa […]
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The president-elect of the Federal Republic of Nigeria, Bola Ahmed Tinubu returned to the country on Monday evening after about a month trip to Paris, France. He was received by a mammoth crowd of enthusiastic associates and supporters who thronged the Presidential Wing of the Nnamdi Azikwe International Airport, Abuja where his plane touched down. […]
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The governor of Adamawa State, Ahmadu Fintiri, says he contested the gubernatorial election in the state against “enemies of democracy”. Speaking on Tuesday in an interview with Channels Television after his victory, Fintiri said those against his reelection wanted a woman to become governor without considering his performance. Earlier, the Independent National Electoral Commission (INEC) […]
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The Director General of the National Emergency Management Agency (NEMA), Mustapha Ahmed, has warned that there is a high-risk coastal flooding in Bayelsa, Delta, Lagos and Rivers States. The warning is due to the expected rise in sea level and tidal surge that may negatively impact agriculture, human settlements and transportation. Ahmed, gave this warning […]
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The Federal Bureau of Investigation (FBI) in the United States has arrested a Massachusetts air national in connection with the leak of classified documents posted online. The leaked documents included detailed intelligence assessments of the US allies and adversaries. The documents also included the state of the war in Ukraine and the challenges Kyiv and […]
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Nigeria’s president-elect, Bola Tinubu, has been named in Time Magazine’s list of 100 most influential people for 2023. Time Magazine’s annual list of the 100 most influential people in the world accords recognition to people “for changing the world, regardless of the consequences of their actions”. “Influence is hard to measure, and what we look […]
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