Business

Guaranty Trust Bank Ltd (“GTBank,” or “the Bank”), flagship subsidiary of Guaranty Trust Holding Company Plc (GTCO), one of the largest financial services institutions in Africa, has been named Best Bank in Corporate Social Responsibility in Nigeria at the prestigious Euromoney Awards for Excellence 2024. This recognition underscores GTCO’s unwavering …

Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, is set to launch the 4th season of its transformative reward initiative, the Wema Bank 5 for 5 Promo. The highly anticipated Season is scheduled to kick off on Tuesday, October 1, 2024. Introduced in …

The Central Bank of Nigeria (CBN) has constituted a new board of directors for Keystone Bank Limited (the bank) as part of the strategy to strengthen the bank’s operations for sustained business growth. The apex bank also appointed two additional executive directors for the lender. In a statement by the …

Onga seasoning brand from the stables of Promasidor Nigeria, celebrated the 10th anniversary of the launch of Onga cubes at the company’s head office with a launch of the “Onga Taste the Millions” promo, designed to add flavour to the lives of their consumers. At a press briefing held at …

The Lagos State Environmental Protection Agency (LASEPA) on Sunday shut down Donald’s Lounge, located in Lekki Phase 1 and owned by celebrity Pascal Okechukwu, popularly known as Cubana Chief Priest, due to excessive noise pollution. The shutdown order was issued by the Commissioner for the Environment and Water Resources, Mr. …

The Federal Government has announced that the commencement of petroleum lifting from the Dangote Petroleum Refinery and Petrochemicals marks a return to industrialisation and local refining in Nigeria. This announcement came yesterday as a fleet of trucks from the Nigerian National Petroleum Corporation Limited (NNPCL), began transporting Premium Motor Spirit, …

Nigerian commercial banks lost a total of N42.6 billion to fraud and forgeries over the three months from April to June 2024. The Financial Institutions Training Centre (FITC) disclosed this in its Q2 2024 Fraud and Forgeries report, released on Saturday. The report, based on returns on fraud and forgery …

Google, Netflix, Facebook and other foreign companies operating in Nigeria paid N2.55tn in taxes to the Federal Government in the first six months of 2024. The amount represents an increase of 158.76 per cent from N985.27bn collected in the preceding period of 2023. The figure includes Company Income Tax and …

   Olieh Somtochukwu, an employee of a real estate firm in Anambra State, has become the first person to win N1 million in the Glo Jolly Win promotion. The promotion is being run in partnership with Tetragrammaton, NCC-licensed Nitroswitch, an aggregator company, and Tetragrammaton, a value-added service provider. Somtochukwu staked …

  …Presidential Committee on Flooding also donates N1bn   Chairman of Aliko Dangote Foundation (ADF) and Chairman, National Committee on Flood Relief and Rehabilitation, Mr. Aliko Dangote, has donated a whopping sum of one billion Naira to help assuage the pains of the Maiduguri flood victims in Borno State.   …