Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ended June 30, 2022, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦103.2billion, representing an increase of 11.0% over ₦93.1billion recorded in the corresponding…
Lagos State Commissioner for Physical Planning and Urban Development, Dr Idris Salako, has tendered his resignation letter on Monday. This is coming after the collapse of a storey building in Oniru area of the state on Sunday morning. The State Commissioner for Information and Strategy, Mr Gbenga Omotoso, made this known in a statement, saying…
The Lagos State Government has ordered arrest of the developer and building professionals working on the 7-floor structure that collapsed under construction in the early hours of Sunday at Oba Abiodun Oniru Road in Iru/Victoria Island area of the State. The Commissioner for Physical Planning and Urban Development, Dr. Idris Salako, spoke during his visit…
Troops of 81 Division have foiled an attempt to smuggle Seven Hundred and Ninety-Two (792) parcels of illicit drugs suspected to be Cannabis Sativa (Marijuana) into Ogun State at a checkpoint along the Ilaro-Benin Republic Border following an intelligence-driven operation. This was contained in a statement signed by, Maj.Olaniyi Osoba ,the Divison’s spokesperson,on Friday. According…
Management of Dangote Sugar Refinery Plc has resolved to significantly reduce the importation of sugar into the country by 40 percent, thus paving the way for the employment of over 30,000 youths. President of Dangote Group, Aliko Dangote explained recently in a chat with newsmen that it was embarking on Phase II of its Sugar…
Guaranty Trust Holding Company (GTCO) Plc is the best dividend paying company in Nigeria, as investors are getting back more for each Naira they invest in the equity position. The lender’s stock has a dividend yield of 17.18 percent, which is higher than United Bank for Africa’s, (14.18%); Zenith Bank, (14%); AXA Mansard, (13.89%); United Capital, (12.61%);…
The 12th edition of the annual GTCO Autism Conference themed “Creating a Community of Awe-Tism Advocates” will hold on Monday and Tuesday, August 29th and 30th, 2022, at MUSON Center, Onikan, Lagos. The annual Autism Conference is a pivotal component of GTCO’s Orange Ribbon initiative and serves as a key advocacy platform for people living…
Operatives of the National Drug Law Enforcement Agency, NDLEA, have arrested the MD/CEO of Marvelrock Pharmaceuticals and Stores Limited, Mr. Orakwe Chibuike Celestine, for engaging in sales of illicit and controlled drugs on popular e-commerce platform, Jiji.ng. A graduate of Business Administration from the University of Abuja, Orakwe registered the pharmaceutical company on 16th December…
Governor Babajide Sanwo-Olu has assured the timber traders that the planned relocation of saw millers of Oko Baba in Ebute Metta, Lagos Mainland, to a proposed permanent site in Agbowa, will come to an end in December. The Governor gave the assurance on Tuesday during his tour of Agbowa-Ikosi Timberville in Ikosi-Ejirin Local Council Development…
In a bid to keep inspiring Nigerians to develop a healthy savings culture, Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, held its seventh Reward4Saving promo draw at its head office on Monday, 08 July 2022. The July draw is the fourth of the second season of the promo and the seventh since inception.…