By Peter Egwuatu Guaranty Trust Holding Company Plc, GTCO, has recorded Profit Before Tax, PBT, of N103.2billion for the first half of 2022, H1’22, representing an increase of 11 per cent over N93.1billion recorded in the corresponding period of 2021, H1’21. In its audited, consolidated and separate financial statements for the period ended June 30, 2022, […]

The United Bank for Africa (UBA) Plc, has rewarded more of its loyal customers in its monthly bumper savings promo. This is in line with the bank’s commitment towards prioritising its customers’ financial well-being and boosting savings culture in Nigeria. Since the bank commenced the draws, over 1,500 winners have emerged from the initiative designed to […]

By Emma Ujah, Abuja Bureau Chief The Federal Government has set up four Technical Working Groups (TWGs) to review and implement a strategic roadmap for the resuscitation of ailing enterprises in the country. The TWGs were constituted for four sectors: Automobile, Housing (Bricks and Clay), Mines and Steel, as well as, Oil Palm, according to a […]

By Elizabeth Adegbesan The Central Bank of Nigeria, CBN, sold $2.43 billion worth of foreign exchange, Forex, to the authorized dealers at the Investors and Exporters (I&E) window and Small and Medium Enterprises, SMEs, window in the first five months of the year (January to May, 2022). This represents an 8.9 per cent year-on-year (YoY) rise […]

By Ibrahim Hassan-Wuyo & Ikechukwu Odu Friends and relations of the Divisional Police Officer, DPO, who was kidnapped by terrorists on his way to assume duty at Birnin-Gwari, Kaduna State have raised the alarm that the terrorists threatened to kill the police officer in captivity if their ransom demand is not met. They said that […]

Emmanuel Isaacs, youngest Nigeria’s Philosopher, releases literary clock, ‘The Mathematics of Time’

By Elizabeth Osayande American tv host, Oprah  Winfrey has congratulated the winner of the maiden Africa education medal, the Vice Chancellor, VC, University of Cape Town, South Africa, Prof. Mamokgethi Phakeng.  The inaugural Africa education medal, launched this year by T4 Education and HP in collaboration with Intel and Microsoft, saw Prof. Phakeng clinged the […]

By Ndahi Marama Maiduguri—The Independent Petroleum Marketers Association of Nigeria, IPMAN, is to embark on a warning strike over the failure of Federal Government to pay N70 billion bridging claims. According to the association, it had been lobbying the management of the Nigerian Mid and Downstream Petroleum Regulatory Authority, NMDPRA, but to no avail. Declaring the […]

A development expert and Editor, Social Development News (SDN), Mrs. Funmi Falobi, has called on youths to stand up for a better society; good governance, integrity, leadership, and other things that would Nigeria a better place.  According to her, youths must speak out against bad governance, social vices like drug abuse/addiction, rape, violence, cultism, and […]

By Kingsley Omonobi Abuja—minister of Defence, Maj.-Gen. Bashir Magashi (retd), has said that the critical military objective of total defeat of the terrorists in the North East is already being achieved.  According to him, “synchronised ground and air operations have continued to inflict huge casualties on the terrorists and have been forcing many of them, including […]

Aishat Abudulraheem of Kwara, silver medalist, U-13 category, at the just- concluded Ftouch Sports U-13 and U-16 Championships, on Saturday described losing to her friend as painful. The News Agency of Nigeria (NAN) reports that the tournament served off from Sept. 1 to Sept 3 at the Teslim Balogun Stadium, Surulere Lagos. The keenly contested […]

The Nigerian ports industry seems to be undergoing some strategic repositioning spanning regulatory and operational reforms, stakeholder engagements and emplacement of general efficiency mechanism which have all started yielding results. In this interview with the Business Editor, EMEKA ANAETO, Economy Editor, BABAJIDE KOMOLAFE and Maritime Correspondent, GODWIN ORITSE, the Managing Director of the Nigerian Ports […]

African video streaming service, Showmax, has announced the appointment of Opeoluwa Filani as General Manager for its Nigeria operations. Filani is the first ever General Manager t be appointed in Nigeria for the streaming app which has continued to expand its presence and investment in the country. Announcing Filani’s appointment, Yolisa Phahle, the CEO of […]

Stakeholders seek policy-driven interventions for elderly

Adolescent mental health: Our youths, our future!