Category: Business
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Minister Keyamo Grants Approval for Air Peace to Operate Abuja-London Route
By Ken Ibenne In an exclusive interview on Channels Television’s ‘Politics Today’ program, Minister Keyamo emphasized the government’s commitment to backing healthy local airlines like… Read More
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Experts Sound Alarm: Electricity Tariff Increase Could Drive Inflation
By Ken Ibenne In March 2024, Nigeria witnessed a notable surge in inflation, reaching 33.2%, representing a 1.5%-point increase from the previous month. This uptick… Read More
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ByteDance firmly rejects TikTok sale amidst US regulatory pressure
By Ken Ibenne In response to recent legislation compelling the sale of TikTok’s US operations or facing potential bans, ByteDance affirmed its stance through its… Read More
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Understanding Forex Trading Mechanisms and Strategies for Nigerian Investors
By Ben Nsemo Forex trading, the act of exchanging currencies on the global market, is a dynamic and potentially lucrative investment opportunity for Nigerian investors.… Read More
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Fidelity Bank’s assets climb to N6.2 trillion, highest in 13 years
By Ken Ibenne Fidelity Bank Plc, a Nigerian financial institution, had an increase in total assets that marked the greatest level in at least 13… Read More
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AfDB pledges $5 million to combat financing of terrorism in West Africa
By Ken Ibenne The African Development Bank Group will provide a $5 million grant to support the initiative, which is titled “Capacity Development for Anti-Money… Read More
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Naira experiences first weekly fall at unofficial market in 6 weeks
By Ken Ibenne The unofficial market saw the naira hold above the N1200/$ band, which caused the Nigerian currency to halt its weekly winning streak… Read More
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Milan Industries claims N850bn damages against AMCON
…over wrongful sale of Intercontinental Hotels Milan Industries Ltd, owners of Intercontinental Hotels, Lagos has filed Eight Hundred and Fifty Billion Naira (N850,000,000,000.00) damages claim… Read More
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GTCO reports ₦609.3bn PBT in 2023 full-year audited result
The Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the year ended December 31,… Read More
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2024 GTCO Food and Drink Festival commences in April
The countdown has begun to the 7th edition of the most anticipated culinary festival in Africa and Guaranty Trust Holding Company Plc (GTCO) is excited… Read More