PHOTO: Wema Bank “5 For 5 Promo Draw” Holds In Onitsha
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Heritage Bank Appoints Acting Managing Director and Executive Directors
Heritage Bank Plc has announced the appointment of Akinola George-Taylor as its acting Managing Director. Following the receipt of the approval of the Board of Directors of Heritage Bank and the Central Bank of Nigeria, the Bank is poised for its next phase of transformation. The new Ag. Managing Director will be overseeing all Heritage’s…
Illegal Haulage: Dangote Patrol Team Arrest, Hand over Errant Drivers to Authorities
In a renewed effort to rid the Dangote Group of unscrupulous drivers who engaged in illegal haulage activities and others who constituted themselves into menace to other road users, the company’s drivers’ Patrol team, has made several arrests of drivers, and handed them over to relevant authorities. Dangote’s management, it would be recalled, recently solicited…
2022 HY Audited Results: GTCO Plc Reports Profit Before Tax of ₦103.2billion
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…
Building Collapse: Lagos Physical Planning Commissioner, Idris Salako Resigns
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…
Iru/VI Building Collapse: Lagos Orders Arrest Of Developer, Construction Experts
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…
Nigeria Army Intercepts 792 Parcels Of Indian Hemp
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…
Dangote to Save Forex Through 40% Sugar Import Substitution
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 HoldCo is the Best Dividend Stock to Buy
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%);…
GTCO Autism Conference Holds August 29th, 30th at MUSON Centre Lagos
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…