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Crude Curse Demolishes 2025 Budget,  Threatens 2026

Crude Curse Demolishes 2025 Budget,  Threatens 2026

By Dele Sobowale Nigerian leaders in Abuja and at state levels are desperate; even if most Nigerians are not aware of it. The federal and state governments are going broke with each passing day. Meanwhile, ignorance is bliss. Most Nigerians go to bed without the vaguest idea about how their economy is being gradually demolished by the […]

GTCO sustains profitability momentum, declares N300bn profit

GTCO sustains profitability momentum, declares N300bn profit

By Peter Egwuatu Guaranty Trust Holding Company Plc, GTCO, has sustained profitability momentum, declaring   Profit Before Tax, PBT,  of N300.4 billion on the back of strong interest income which grew  Year-on-Year, Y-o-Y, by 41.1% with fee income going up by 41.2% in the first quarter of 2025, Q1’25. According to the unaudited consolidated and separate financial […]

Zenith Bank’s gross earnings rise 22% to N950bn in Q1’25

Zenith Bank’s gross earnings rise 22% to N950bn in Q1’25

Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2025 (Q1’25) with Gross Earnings rising to N950 billion, about 22 percent from N781 billion reported in the corresponding period of 2024, Q1’24. The unaudited statement of account submitted to the Nigerian Exchange (NGX) on Wednesday shows that growth in the […]

Unregistered investment platforms aim to swindle unsuspecting investors — CIS President

Unregistered investment platforms aim to swindle unsuspecting investors — CIS President

By Peter Egwuatu The President and chairman of Council, Chartered Institute of Stockbrokers (CIS), Oluropo Dada, has said that any unregistered investment in the Nigerian capital market is regarded as a Ponzi Scheme, designed to swindle unsuspecting investors. Following the recent sudden collapse of digital investment platform, CBEX, with reports indicating over N1.3 trillion loss to […]

Corporate earnings, dividend payout drive up stocks performance

Corporate earnings, dividend payout drive up stocks performance

By Peter Egwuatu Despite the global economic uncertainties driven by US trade policy, which made global investors exercise caution for some weeks now, the Nigerian equities market ended last week on a positive record. This development was driven by the first quarter 2025, Q1’25, companies’ earnings and dividend declarations. Consequently, the Nigeria Exchange Limited, NGX, All Share […]

Delta: PDP defectors unwilling to register for APC

Delta: PDP defectors unwilling to register for APC

SOME former People’s Democratic Party, PDP, members in Delta State who moved with Governor Sheriff Oborevwori and his predecessor, Senator Ifeanyi Okowa, to the All Progressives Congress, APC, have, for unclear reasons, refused to resign their membership and yet, want to register as APC members.

Inflation erodes banks’ profits, jerks up costs

Inflation erodes banks’ profits, jerks up costs

As the monetary policy and macroeconomic environment evolve under the current Federal Government’s fiscal reforms, there are indications that the banking industry is now battling with cost pressures.

Present crop of leaders are motivated by power, wealth acquisition — Femi Okurounmu

Present crop of leaders are motivated by power, wealth acquisition — Femi Okurounmu

•Corruption will continue in Nigeria until…•Afenifere has become a shadow of itself•We need State Police to tackle insecurity•Nigeria is drifting towards a one-party state By Dapo Akinrefon What do you think can be done to address the worsening insecurity in the country, especially the killings in Benue and Plateau states? As regards the killings in […]

VDM: EFCC sources explain arrest, HURIWA blasts agency

VDM: EFCC sources explain arrest, HURIWA blasts agency

By Chioma Obinna & Luminous Jannamike ABUJA — The Economic and Financial Crimes Commission, EFCC, may have arrested social media influencer Martins Vincent Otse, popularly known as VeryDarkMan, over allegations of cyberstalking. A source within the EFCC, who spoke to Vanguard yesterday in confidence, said “We picked him up based on several complaints that he […]

ECWA frowns on escalating hardship, tasks Nigerian govt on security

ECWA frowns on escalating hardship, tasks Nigerian govt on security

By Marie-Therese Nanlong Jos – Again, the leadership of the Evangelical Church Winning All, ECWA, has called on the governments at all levels to prioritise the security of Nigerians, find lasting solutions to incessant attacks and bring the perpetrators of killings in communities to book. The Church, during its 72nd General Church Council, GCC meeting […]