GTB:IMPORTANT NOTICE ON SPURIOUS SOCIAL MEDIA POST The attention of Guaranty Trust Bank Ltd (the “Bank”) has been drawn to a spurious post on Twitter by @ifygold21 alleging that the Bank gave the new Naira notes in the total sum of ₦500 million to one of the leading presidential candidates in the ongoing General Elections on the eve of the elections and at the order of a high-ranking Government official. The Bank wishes to refute this claim in its entirety and state categorically that it is completely false and is designed to bring the i…
Nestlé Nigeria Full Year 2022 Results Nestlé Nigeria Plc has announced a 27.0% revenue growth in her 2022 financial results when compared to her performance in 2021. The company posted a revenue of N 446.8 billion in the year under review as against N 351.8 in the preceding year. In Gross profit for 2022 stood at N 155.8 billion, a 18.2% increase over 2021. Profit after tax of N 48.9 billion was recorded for the year 2022, which represents a 22.3% increase over 2021. The detailed financial results are available online at https://www.nestle-…
Lotus Bank Partners Touch & Pay to Launch Cowry Wallet Isiaka Ajani-Lawal, Executive Director, Lotus Bank; Funso Toki, Divisional Head, Agency Banking, Lotus Bank; Tunde Lawal, Chief financial Officer, Lotus Bank; and Akeem Mustapha Divisional Head, Marketing, Lotus Bank, at the launch of Cowry Wallet Cowry Wallet is a simple digital payment platform that enables traders, artisans, merchants, and individuals to perform financial transactions from the comfort of their phones and devices
Don arrested for alleged votes buying in Makurdi Operatives of the Economic and Financial Crimes Commission, EFCC, monitoring the presidential and national assembly polls made some arrests of suspected vote buyers. One Dr. Cletus Tyokyaa, a lecturer with the Sarwuan Tarka University (formerly known as the University of Agriculture), Makurdi, Benue State, was arrested at the RCM Polling Unit in Daudu, Guma Local Government Area of the state with the sum of N306, 700 in various denominations stashed in his car. Luck ran out on the suspect when h…
Elections outcome mustn’t disunite Nigeria, says Shettima The All Progressives Congress vice presidential candidate, Kashim Shettima, has urged the entire country to ensure that the outcome of the 2023 elections does not disunite the country. Shettima, who voted at his Shettima Kukawa 023 polling unit, Lawan Bukar Ward, Maiduguri metropolis by 11:45 am, told newsmen that “one out of every four black men in the world is a Nigerian,” warning, “so we cannot afford to mess up the election”. He described the 2023 presidential election as “a very mo…
FG Sells N2.5bn NITEL Property To Lagos The National Council on Privatisation (NCP) has approved the sale of a NITEL/MTEL property located at No 3-5, Moloney Street, Tafawa Balewa Square, Onikan, Lagos, to the Lagos State Government. A statement by the Bureau of Public Enterprises (BPE) on Friday said the property was one of those listed for sale by the liquidator of NITEL/MTEL Non-Core assets at the cost of N2.5 billion. Meanwhile, the property is presently encumbered by the activities of illegal occupants and the Lagos State Government has p…
Wema Bank Plans to Celebrate International Women's Day 2023 lagos, Nigeria – 22nd February, 2023 Wema Bank, Nigeria's most innovative bank, is preparing to celebrate International Women's Day 2023. The bank aims to honor women and provide them with opportunities to achieve success in their personal and professional lives. The celebration will be held on March 8, 2023, in Lagos. This year's global theme, "Embrace Equity," will be the focus of the event. The discussion will center on the topic of equity and achievin…
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