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Stanbic IBTC Capital Limited, a member of Stanbic IBTC Holdings PLC (“Stanbic IBTC”), reaffirmed its position as the leading investment banking institution in Nigeria by winning the Best Investment Bank in Nigeria award at the Euromoney Awards for Excellence 2018 held in London recently. Standard Bank, to which the Stanbic IBTC belongs, was …

A Federal High Court sitting in Abuja has ordered the arrest of the Chairman of the Independent National Electoral Commission (INEC), Mahmood Yakubu, for failing to appear in court. Justice Stephen Pam issued the warrant of arrest on Thursday after Mahmood’s absent in court for the third time. The judge …

 Felix Onajite  The management of Ecobank on Tuesday said the fire incident at its head office in Victoria Island on the early hours of Tuesday (today) didn’t affect any major equipment and document as speculated on social media. The bank in a statement made available to THE WITNESS said the …

The All Progressives Congress in Kwara State has rejected and dismissed the purported dissolution of party at the ward, local government and state levels in the State by the Adams Oshiomole-led National Working Committee as not only outrightly unlawful but also null and void. The position of the party was …

FBN Holdings Plc (FBNHoldings) says its profit margin increased by 13.7 percent year on year (y-o-y) for the half year ended June 2018, “despite high inflationary environment”. This is contained in the group’s unaudited results, which were largely positive for the period under review. According to the results, profit after …

President Muhammadu Buhari has spoken on the impeachment notice served on Benue Governor Samuel Ortom by eight members of the State House of Assembly. Buhari’s reaction was contained in a statement Tuesday morning by his spokesman, Femi Adesina. It read: “Even while attending the ECOWAS/ECCAS Summit in Togo, strident attempts …

ABUJA, NIGERIA, 24th July 2018 The pride and pearl of the Nigerian Hospitality Industry, Transcorp Hotels Plc. (“Transcorp Hotels”) has announced its Unaudited Financial Statements for the period ended June 30, 2018. The company showed significant growth over same period last year recording a turnover of N8.01billion, Profit Before Tax of N2.02billion and Earning …

Rave-of-the-moment singers, Kizz Daniel, Phyno and Simi are billed to perform at the City of Friends event to mark this year’s World Friendship Day in Calabar and Lagos. Tagged ‘City of Friends’, the event which is scheduled to hold at the Municipal Gardens in Calabar, this Saturday, July 28 and …

President Muhammadu Buhari has expressed confidence that his party, the All Progressives Congress, will suffer no harm or injury following the exit of 51 federal lawmakers from the party on Tuesday. The President expressed this confidence on his Twitter handle in a series of tweets after 15 senators and 36 …

  The National Chairman of the All Progressives Congress (APC), Comrade Adams Oshiomhole has told former members who switched to the Peoples Democratic Party that he was not going to lose any sleep at all about their departure, as ‘water will find its level’ sooner. He described them as ‘big …