GTCO Declares N609.3b Profit For 2023

GTCO Declares N609.3b Profit For 2023

For the financial Year ended December 31, 2023, GUARANTY Trust Holding Company Plc (GTCO) has reported a Profit Before Tax of N609.3 billion, amounting to an increase of 184.5 per cent over N214.2billion recorded in the corresponding year. The group...
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NGX Group GMD Elected CSCS Chairman

NGX Group GMD Elected CSCS Chairman

The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group (NGX Group), Mr. Temi Popoola, has been elected Chairman of Central Securities Clearing System (CSCS) Plc, effective April 1, 2024; succeeding Mr. Oscar N. Onyema, OON, who retired ...
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Edo Swears In New Deputy Governor

Edo Swears In New Deputy Governor

38-year-old Omobayo Marvellous Godwins has been sworn in as the new Deputy Governor of Edo State. He was sworn in, on Monday, at the Festival Hall, Government House, Benin City, by the Edo State Chief Judge, Hon. Justice Daniel Iyobosa...
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EID EL KABIR: FRSC DIRECTS OPERATIVES TO COVER 51 CRITICAL CORRIDORS

EID EL KABIR: FRSC DIRECTS OPERATIVES TO COVER 51 CRITICAL CORRIDORS

The Corps Marshal, Federal Road Safety Corps, Dauda Ali Biu has directed the over 28,000 Corps’ Operatives (Regular and Special Marshals) to effectively cover 51 Corridors during the Eid-El Kabir special Patrol which is expected to commence from 08 to...
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Just in: Edo House Of Assembly Impeaches Deputy Governor

Just in: Edo House Of Assembly Impeaches Deputy Governor

The Edo State House of Assembly, on Monday, impeached the state’s Deputy governor, Comrade Philip Shaibu. The impeachment followed the adoption of the report of the seven-man investigative panel set up by the Assembly to probe allegations of misconduct again...
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NGX Group Acquires Stake In Ethiopian Securities Exchange

NGX Group Acquires Stake In Ethiopian Securities Exchange

Nigerian Exchange Group Plc (NGX Group) has announced what it described as “a significant investment” in the Ethiopian Securities Exchange (ESX).  A statement issued at the weekend explained that NGX Group is among the top institutional investors that...
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Nigeria, Spain To Deepen Maritime Security Cooperation

Nigeria, Spain To Deepen Maritime Security Cooperation

The Spanish Ambassador to Nigeria, Ambassador Juan Ignacio Sell has declared that the Spanish Government is desirous to deepen cooperation with Nigeria through further collaboration with the Nigerian Maritime Administration and Safety Agency (NIMASA)...
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VFD Group CEO, Nonso Okpala Joins CSCS Board

VFD Group CEO, Nonso Okpala Joins CSCS Board

Central Securities Clearing System Plc (CSCS), Nigeria’s premier Financial Market Infrastructure company, has appointed Nonso Okpala, Group Managing Director/CEO of VFD Group, into its Board. Nonso Okpala, who currently serves as the Group Managing Direc...
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Lagos To Seal Supermarkets Over Non-Disclosure Of Price Tags

Lagos To Seal Supermarkets Over Non-Disclosure Of Price Tags

The Lagos State Government has directed supermarkets and grocery stores throughout the state to display price tags on all products, warning that failure to comply may result in the sealing of non-compliant establishments.   In a statement on its webs...
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UK Backs Creation Of Green International Shipping Routes

UK Backs Creation Of Green International Shipping Routes

The UK government has revealed it will launch the bidding process for the £1.5 million ($1.9 million) funding aimed at establishing zero-emission shipping routes to and from the UK.  The latest round of the Clean Maritime Demonstration Competition (...
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Edo Unveils Manpower Development Scheme For Oil Palm Sector

Edo Unveils Manpower Development Scheme For Oil Palm Sector

The Edo State Government through the Edo State Oil Palm Programme (ESOPP) has called for applicants for its manpower development scheme aimed at growing a new crop of workers in its expansive oil plantation sector.In a statement, Acting Team Lead,...
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Atiku: Electricity Tariff Hike Will Compound Nigeria’s Economic Hardship

Atiku: Electricity Tariff Hike Will Compound Nigeria’s Economic Hardship

Former Vice President, Atiku Abubakar has joined the growing list of critics faulting the Federal Government’s hike in electricity tariff.  According to Atiku, the move further compounds the citizens’ economic difficulties.   The Nigerian El...
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NDDC To Acquire Tractors For Mechanized Farming

NDDC To Acquire Tractors For Mechanized Farming

The Niger Delta Development Commission, NDDC, has announced plans to purchase modern farming equipment, such as tractors, to boost its agricultural initiatives, notably the Holistic Opportunities, Projects, and Engagement (HOPE) project.Speaking during a visit...
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Tinubu Tasks ECOWAS Parliament On Unity Against Forces Of Division

Tinubu Tasks ECOWAS Parliament On Unity Against Forces Of Division

President Bola Tinubu has called on Economic Community of West African States (ECOWAS) members to come together, strengthen ties, and reject forces of division. The media aide to the President, Ajuri Ngelale, in a statement explained that Tinubu made the...
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