Shareholders of Guaranty Trust Holding Company (GTCO) Plc have approved the payment of a total dividend of N8.03 per share for the financial year ending December 31, 2024. This decision was taken at the company’s fourth annual general meeting, which was held virtually yesterday. The company had previously paid an …
Read More »Aliko Dangote Foundation Donates Lifesaving Ambulance to Mainland Hospital After 10-Year Wait
The Aliko Dangote Foundation (ADF) has provided an ambulance to Mainland Hospital in Yaba, Lagos, bolstering its capacity to manage infectious disease outbreaks and enhance emergency response. For over a decade, Mainland Hospital operated without a functional ambulance, which was a limitation that severely affected the speed and quality …
Read More »Dangote Shares Food To Victims Of Fire Disaster
…Feeds 60,000 Families In Taraba, Jigawa Victims of inferno, physically challenge and poor families are some of the beneficiaries of the Aliko Dangote Foundation’s rice distribution exercise in Taraba and Jigawa State. A statement from the company’s spokesman, Anthony Chiejina, said 500 bags of rice and 100 mats were …
Read More »Stanbic IBTC Bank Drives Regional Trade Innovation at GTR West Africa 2025
Stanbic IBTC Bank has successfully concluded its strategic participation at GTR West Africa 2025, reinforcing its commitment to advancing trade finance solutions and digital innovation across the region. The two-day conference, held at the Eko Convention Centre in Lagos on 24-25 April 2025, brought together over 400 delegates from more …
Read More »SERAP threatens Zuckerberg, Meta with legal action
Socio-Economic Rights and Accountability Project (SERAP) has threatened to sue Mark Zuckerberg, Chairman and Chief Executive Officer, Meta Platforms Incorporated (Facebook) and his organisation if he fails to “immediately pay the $220 million fine imposed on Meta by the Federal Competition and Consumer Protection Commission (FCCPC). SERAP urged Mr. Zuckerberg …
Read More »Tribunal upholds FCCPC’s $220m fine against Meta
The Competition and Consumer Protection Tribunal has upheld the $220 million fine levied against Meta Platforms Inc. by the Federal Competition and Consumer Protection Commission (FCCPC). In a statement released Friday, FCCPC’s Director of Corporate Affairs, Ondaje Ijagwu, confirmed the ruling and noted that the tribunal also awarded the commission …
Read More »World Bank appoints Aliko Dangote to Elite Group
…Tasks him to drive Investment and job creations in emerging economies The President and Chief Executive of the Dangote Group, Aliko Dangote, has been appointed to the World Bank’s Private Sector Investment Lab, joining a select group of global business leaders tasked with driving investment and job creation in emerging …
Read More »Stanbic IBTC Bank Supports GTR West Africa 2025 To Strengthen Regional Commerce
Stanbic IBTC Bank, a leading financial institution committed to driving economic growth in Nigeria and beyond, has announced its strategic sponsorship of GTR West Africa 2025, the region’s premier annual gathering for trade finance, supply chain, and export financing experts. The event, which is set to take place on April …
Read More »Kano DisCo: Critical network upgrades have led to reduction in power supply
The Kano Electricity Distribution Company (KEDCO) says power supply to customers under its coverage has reduced due to “critical network upgrades”. KEDCO announced while denying claims that customers receive two hours of daily electricity supply. On April 22, reports had suggested that electricity consumers in Kano, Katsina, and Jigawa states …
Read More »PenCom recovers ₦1.58bn from defaulting employers
The National Pension Commission (PenCom) has announced the recovery of ₦1.58 billion from defaulting employers through enhanced enforcement efforts. This information was shared by the Director General of PenCom, Ms Omolola Oloworaran, on Wednesday in Kano during the First Run 2025 Consultative Forum for States and the Federal Capital Territory …
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