By Taiye Olayemi Guaranty Trust Holding Company Plc (GTCO) reported a profit before tax of N302.9 billion for the period ended March 31, 2026. The group disclosed this on Thursday in Lagos in its unaudited consolidated and separate financial statements for the first quarter. Interest income and fee income roseContinue Reading
By Taiye Olayemi Shareholders of Guaranty Trust Holding Company Plc (GTCO) have commended the institution for declaring a record N12.76 dividend for the 2025 financial year. GTCO declared an interim dividend of N1 per share for June 2025 and a final dividend of N11.76, bringing total payout to N12.76. AtContinue Reading
Tourism By Ngozi Njoku Mr Chinonso Uche, Chief Executive Officer, Etravels and Tour, has called for the strategic positioning of tourism as a major driver of trade, cultural integration and economic growth in Nigeria and across Africa. Uche made the call during an interview with the News Agency ofContinue Reading
By Taiye Olayemi The Central Securities Clearing System Plc (CSCS) has posted a gross earning of N28.67 billion for the financial year ended Dec. 31, 2025. The gross earning represented a 10 per cent increase when compared with N26.09 billion posted in the corresponding period of 2024. Continue Reading
By Olawunmi Ashafa The Nigeria Economic Summit Group (NESG) says the nation’s current economic reforms must now shift decisively from stabilisation efforts to policies that attract investment, boost productivity, and deliver inclusive growth. Its Chairman, Mr Yusuf Olaniyi, said this at the launch of the 2026 Private SectorContinue Reading
By Olawunmi Ashafa The Federal Government says it is now shifting its focus from policy reforms to creating a more stable and predictable environment that can attract investment, as Nigeria moves into a critical phase of its economic transition. The Minister of Finance and Coordinating Minister of the Economy, TaiwoContinue Reading
By Adekunle Williams and Adeyemi Adeleye The Comptroller-General of the Nigeria Customs Service, Mr Bashir Adeniyi, has pledged to build a multimedia resource centre and radio station for the Nigerian Institute of Journalism (NIJ). Adeniyi made the pledge during his acceptance speech after receiving a fellowshipContinue Reading
By Abiodun Lawal The Federal Government says the new 480-megawatt Abeokuta substation under construction in Ogun will be delivered and inaugurated by December. The Managing Director/Chief Executive Officer of FGN Power Company, Mr Kenny Anuwe, gave the assurance on Thursday during an inspection of the ongoing Abeokuta substationContinue Reading
By Taiye Olayemi Wema Bank Plc says its profit before tax rose to N221.85 billion in the 2025 financial year, representing a 116 per cent increase compared with N102.51 billion recorded in 2024. The bank disclosed this in a statement on Wednesday in Lagos. It said its 2025 performance reflectedContinue Reading
By Taiye Olayemi Claver Gatete, UN Under-Secretary-General, Economic Commission for Africa (ECA) says Africa must urgently overhaul health financing as aid declines and debt pressures tighten fiscal space across the continent. Speaking in Tangier, Morocco, on Wednesday, Gatete said, “The era of aid as the primary source of health financingContinue Reading
