Author: Ifetayo Adeniyi

Guaranty Trust Fund Managers Ltd Unveils Guaranty Trust Investment Fund 724 Guaranty Trust Fund Managers Ltd Unveils Guaranty Trust Investment Fund 724 Guaranty Trust Investment Fund 724 will open for applications from September 30, 2024. Guaranty Trust Fund Managers Limited (“GTFML” or the “Fund Manager”), the asset management subsidiary of Guaranty Trust Holding Company Plc, today announced the launch of the Guaranty Trust Investment Fund 724 (“Fund 724”), an open-ended, naira-denominated Unit Trust Scheme duly authorised and registered by the Securities and Exchange Commission, Nigeria (SEC). The Scheme lists 10,000,000 Units of ₦100.00 each in the Fund by way of…

Banking As UBA Records Growth In Gross Earnings, From N981.77Billion To N1.371Trillion Banking As UBA Records Growth In Gross Earnings, From N981.77Billion To N1.371Trillion In banking, Africa’s Global Bank, United Bank for Africa (UBA) Plc has released its audited financial results for the half year ended June 30, 2024, showing impressive performance across some key financial indicators. The audited financials released to the Nigerian Exchange Limited (NGX) on Monday, showed that the bank recorded double-digit growth in its gross earnings and operating incomes. At the end of the first two quarters of the year, and despite the tough global macroeconomic…

The Economic Forum Name SmartCash MSME Payment Service Bank Of The Year – Nairametrics L – R: Director, Sales and Distribution, Airtel Nigeria, Ifeoma Okafor-Obi; MD & CEO, SmartCash PSB, Tunde Kuponiyi; Commissioner of Communications, Tech & Digital Economy, Niger State, Honourable Suleiman Isah; and Director, Corporate Communications and CSR, Airtel Nigeria, Femi Adeniran; during the inaugural Nairametrics-TEF MSME Awards at which SmartCash was honoured as MSME Payment Service Bank of the Year, in Lagos on Friday, 27th September 2024 The award seeks to recognize and reward innovation and impact, and also inspire and motivate others to support MSMEs.” SmartCash…

Nigeria @64: Oando CEO, Wale Tinubu Gives Admonition Of Cooperation To Move Forward Wale Tinubu Nigeria @64: Oando CEO, Wale Tinubu Gives Admonition Of Cooperation To Move Forward As Nigeria celebrates her 64th Independence anniversary, the Group Chief Executive of Oando group, Mr. Wale Tinubu, has enjoined the citizens to work together for the growth of the country. In a statement posted on his social media handles, Mr. Tinubu wrote: ‘’Stitch by Stitch, We Weave Our Nation’s Tapestry. As we celebrate Nigeria’s 64th Independence Day, we reflect on the journey that has brought us this far. Like a tapestry woven…

Senator Ned Nwoko Endorses Gambian Foreign Minister Mamadou Tangara For Commonwealth Secretary-General As the Commonwealth Heads of Government Meeting (CHOGM) approaches, where the election for the next Secretary-General will take place, Senator Ned Nwoko, Chairman of the Nigerian Senate Committee on Reparation & Repatriation, expresses full support for Gambian Foreign Minister, Mamadou Tangara, as a candidate for the position. Senator Ned believes that the Foreign Minister Tangara stands out as one of the most experienced and accomplished contenders for this role. With an impressive tenure as one of the longest-serving African Foreign Ministers, his expertise in diplomacy, politics, and developmental…

U.S. rejoices with Nigeria at 64, hopeful for ties to deal with challenges, energy, strengthening economy Antony Blinken U.S. Secretary of State U.S. rejoices with Nigeria at 64, hopeful for ties to deal with challenges, energy and strengthening the economy. The United States has extended warm congratulations to Nigeria on the occasion of its 64th Independence anniversary, pledging to deepen bilateral cooperation in key sectors. This include economic development, energy access, democracy, human rights, and environmental sustainability. In a statement released by the U.S. Department of State on Tuesday, the U.S. highlighted Nigeria’s pivotal role in Africa, praising the country’s…

Association of Mega Filling Station to deliver fuel to grassroots at affordable price Association of Mega Filling Station to deliver fuel to grassroots at affordable price. The Association of Mega Filling Station Owners of Nigeria has called for a stronger partnership between the association and the management of the Nigerian National Petroleum Company Limited. The Association said it could transport fuel to the 774 local government headquarters in the country at a cheaper rate to make the product available to the people at the grassroots level. This was contained in a statement made available to journalists in Kaduna on Monday…

Independence Day Broadcast: Salient Points From President Tinubu President Bola Tinubu Independence Day Broadcast: Salient Points From President Tinubu. President Bola Tinubu, on Tuesday, in a nationwide Independence Day broadcast, unfolded some of the achievements of his administration while also revealing more plans to move the country forward. Below are salient points from his speech. 1.Tinubu said he was aware of the current struggles of many Nigerians with rising living costs and the search for meaningful employment. He assured that the voices of Nigerians were being heard. 2. The President said his administration was committed “to finding sustainable solutions to…

FG lifts retirees’ monthly pensions by N32,000 President Bola Tinubu FG lifts retirees’ monthly pension by N32,000. President Bola Tinubu signed the new minimum wage into law on July 29 after meeting with leaders of the Nigeria Labour Congress and the Trade Union Congress of Nigeria. With the adjustment in salary structures by the committee set up by the government to review the new minimum wage, retirees will now receive an increment of N32,000 in their monthly pensions. According to the memo, dated September 27, 2024 and signed by the Chairman of the NSIWC, Ekpo Nta, the affected retirees are…

Oborevwori has chosen Nollywood star, Ogbeni as SSA entertainment David Ogbeni Oborevwori has chosen Nollywood star, Ogbeni as SSA entertainment. Nollywood Actor, David Ogbeni, has been appointed by the Delta State Governor, Sheriff Oborevwori, as the Senior Special Assistant on Entertainment. His appointment was contained in a letter signed by the Secretary to the State Government, Dr Kingsley Emu. Speaking to our correspondent on Monday in Asaba, the state capital, Ogbeni thanked the governor for the opportunity given to serve, considering him worthy to be one of his political aides. He said, “I want to thank our governor, His Excellency,…