Wednesday , 29 May 2024

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GTCO Plc Releases 2024 Q1 Unaudited Results

….. Reports Profit Before Tax of ₦509.3billion Guaranty Trust Holding Company Plc (GTCO or the Group) has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2024, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦509.3billion, representing an increase of 587.5% over ₦74.1billion recorded in ... Read More »

ZENITH BANK SHOWS CONTINUED MARKET LEADERSHIP WITH 189% GROWTH IN Q1 EARNINGS

Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2024, with an impressive triple-digit growth of 189% in Gross Earnings, from ₦270 billion reported in Q1 2023 to ₦781 billion in Q1 2024. This is despite the challenging operating environment and tightening monetary policy stance.From the unaudited statement of account submitted to the Nigerian ... Read More »

CBN’s Directive : Opay, PalmPay, Moniepoint and Others warns customers against Cryptocurrency Trading and threatens to block any accounts found engaging in such.

Nigerian fintech companies have warned their customers against trading in cryptocurrency or any virtual currency on their apps, threatening to block any accounts found engaging in such activities. At least four fintechs—Opay, Moniepoint, PalmPay, and Paga—have communicated this development to their customers on Friday. Last week, the Central Bank of Nigeria stopped major fintech firms like Kuda, Opay, PalmPay and ... Read More »

Netherlands’ concert: Burna Boy promises to refund ticket payments, as he cancels the concert.

Grammy-winning singer Burna Boy has called off his much-anticipated concert at the Johan Cruyff Arena Stadium in Netherlands. Burna Boy’s concert was set to take place on June 9 but the cancellation comes as a result of the event organisers allegedly not fulfilling their end of the agreement. The music star broke the news tofans on Instagram. Read Also: Burna ... Read More »

School Closure: St. Margaret and LASBCA Reach Amicable Settlement, Praise Gov. Sanwo-Olu and Other Stakeholders for Their Interventions

Aftermath of the public outcry and publicity drawn towards the partial demolition and closure of the Ikorodu based groups of school, Saint Margaret on 27th day of March 2024 by the teams of Lagos State Building Control Agency (LASBCA). The management of the school and the authority of the building agency has finally arrived at an amicable resolutions on the ... Read More »

Breaking : Marine and Blue Economy, Tinubu Appoints Former LAMATA MD, Mobereola, as New NIMASA DG

President Bola Tinubu has appointed Dr Dayo Mobereola as the new Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) for a renewable term of four years. Mobereola’s appointment followed the exit of the former Director General of the agency, Mr. Bashir Jamoh, whose tenure recently expired. According to a statement ilby his Special Adviser on Media and ... Read More »

The Africa Relief Trust Initiative hosts the Beyond Talent Conference in Abuja, encouraging youths to explore opportunities within Nigeria

Nigerian youths have been asked to earnestly seek opportunities available in the country rather than insatiable search for Golden Fleece outside the shores of Nigeria. The advice was given at the weekend in Abuja at Beyond Talent Conference organised by Africa Relief Trust Initiative (ARTI). Speaking at the Conference, which had in attendance mainly fresh graduates, the founder of ARTI, ... Read More »

Renewed Hope : Senate backs Umahi’s initiative on tax credit scheme of the Federal Ministry of Works, with the aim of bridging the gap in financing road infrastructure

In keeping with his commitment to the tenets of checks and balances and separation of powers emphasized by the Renewed Hope administration of the President of Nigeria,*His Excellency, President Asiwaju Bola Ahmed Tinubu GCFR* the Honourable Minister of Works, *His Excellency Sen Engr Nweze David Umahi CON* led the critical departments of his Ministry to honour the invitation of the ... Read More »

Breaking: Signatures of both mine and Buhari were forged to withdraw $6.2m from CBN, says Boss Mustapha

The immediate past Secretary to the Government of the Federation, SGF, Mr. Boss Mustapha, on Tuesday, appeared as a witness in the ongoing trial of the former Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, before an Abuja High Court sitting at Maitama. Mustapha, who mounted the box and testified as the fourth prosecution witness, PW-4, revealed ... Read More »

BettaGate N585m scandal : Ndume commends Tinubu for suspending Minister of Humanitarian Affairs and Poverty Alleviation, Says he should Deal with cartel members

The Chief Whip of the Senate, Ali Ndume, on Monday, commended President Bola Tinubu for suspending the embattled Minister of Humanitarian Affairs and Poverty Alleviation, Dr Betta Edu. This was just as he said Tinubu’s suspension of Edu was a timely action. He also advised the President to immediately curtail the excesses of what it called an emerging political cartel ... Read More »

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