Business

GTCO Plc acquires the Mutual Fund and Pension Subsidiaries of Investment One Financial Services Limited; Investment One Funds Management Limited and Investment One Pension Managers Limited.

  Trust Holding Company Plc (GTCO Plc or the Group), a diversified financial services provider, today notified the Nigerian Exchange Group (NGX) and the investing public that GTCO Plc has concluded the acquisition of the 100% equity stake in Investment One Pension Managers Limited (IOPM) and Investment One Funds Management Limited (IOFM) …

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Shaping Consumer Mindset Through Incentives

For many individuals who have managed to survive the economic hiccups of 2021, especially with the COVID-19 pandemic, incentives are a way to get more when shopping for everyday essentials. E-commerce has proven to be a bundle of effectiveness, convenience, reach and safety which is crucial in this time of …

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AIICO Capital Staff Arraigned Over N1.4 Billion Fraud

The Editor Nigeria  reports that the Economic and Financial Crimes Commission (EFCC) has arraigned three staff of AIICO Capital Limited, a subsidiary of AIICO Insurance Plc, over alleged N1.4 billion fraud. The anti-graft agency arraigned the three personnel before an Ikeja special offices court on Thursday. It was contained in …

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Senate hails NNPC for engendering competitiveness

Pledges support for frontier exploration Mele Kyari, GMD, NNPC The Senate Committee on Petroleum Resources (Upstream) has commended the Nigerian National Petroleum Company Limited (NNPC Ltd) for repositioning the Nigerian oil and gas industry into a competitive business environment. The Chairman of the Committee, Senator Bassey Albert Akpan, gave the …

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Shareholders groan as Wema Bank liquidity crisis worsens

Wema-bank-liquidity-crisis-worsens Wema Bank, one of Nigeria’s troubled lenders is battling heavy liquidity crisis despite distraction with the Davido ambassadorship curve. Wema Bank may have a serious challenge withstanding the shocks Nigeria’s fragile economy might throw up as it is currently struggling with a liquidity squeeze. Exclusively reports that the third-quarter …

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