Business

N1 Trillion Profit: GTCO’s CEO Segun Agbaje under the Searchlight as EFCC, FIRS to Allegedly Investigate Suspected False Half-Year Declaration   Guaranty Trust Holding Company Plc (GTCO) is under scrutiny following its recent declaration of a staggering N1 trillion half-year profit, prompting investigations by the Economic and Financial Crimes Commission ...

Segun Agbaje led GTCO’s Controversial N1 Trillion Profit: A Facade of Financial Triumph? In a country facing soaring inflation and struggling startups, Guaranty Trust Holding, GTCO’s recent claim of a staggering N1 trillion profit raises eyebrows rather than celebrations. This figure, announced by CEO Segun Agbaje, appears less a beacon ...

Opay Faces Mass Migration as Customers Incurs heavy loss as System Failed again Popular financial technology company, Opay has once again rendered its over 40 Million customer base most of who are offering e-hailing services and other online deliveries stranded due to an unexplained application glitch, barely a month after ...

Access Holdings Strengthens Commitment to Child Education, Donates Buses to Bethesda Child Support Agency In demonstration of its commitment to social impact, Access Holdings Plc has taken another significant step towards empowering vulnerable children through education. As part of its longstanding partnership with Bethesda Child Support Agency, the Human Resources ...

Why Matrix Energy Should Stop Dancing Naked By David Tunde In a flagrant and audacious exhibition of corporate greed and regulatory failure, Matrix Energy Limited, a prominent player in Nigeria’s petroleum industry, led by CEO Abdulkadir Adisa Aliu, has become embroiled in a scandal of monumental proportions involving the importation ...

50,000 TARGET: FIRSTBANK, NCF EXTEND TREE PLANTING TO FCT   FirstBank, in partnership with the Nigerian Conservation Foundation (NCF), has launched a major tree-planting initiative to enhance Nigeria’s vegetation cover. According to the bank, the tree planting exercise led by Aishatu Bubaram, the Group Executive, Commercial Banking, North, FirstBank, is ...

FirstBank Commemorates its Annual Corporate Responsibility & Sustainability Week   FirstBank, the West African premier financial institution and financial inclusion services provider is proud to announce its 2024 Corporate Responsibility and Sustainability (CR&S) Week, scheduled for 19 to 24 August. This year’s edition aims to reinforce the bank’s positive outcomes ...

UBA Partners NBA Young Lawyers Forum, to Foster Professional Growth of 50,000 Practitioners Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced a strategic partnership with the Young Lawyers Forum (YLF) of the Nigerian Bar Association (NBA) with the aim to propel the professional development of over 50,000 ...

ZENITH BANK BOOSTS SHARE OFFERING WITH HUGE DISCOUNTS Zenith Bank Plc is offering its ongoing hybrid rights and public offers at the bank’s lowest price range, locking in about 32 per cent gain in potential immediate return for existing shareholders and new investors. Nigeria’s largest bank by profit, Zenith Bank ...

ESG: FIRSTBANK WINS 2024 EUROMONEY AWARD FOR NIGERIA’S BEST BANK FirstBank, the West African premier financial institution and financial inclusion services provider has emerged the winner of the prestigious Euromoney Award for Nigeria’s Best Bank in Environmental, Social, and Governance (ESG), reinforcing its position as a leader in sustainable banking ...