GTCO PLC Launches Public Offer to Raise N400.5Billion
Written by Kunle Awosika
15 July, 2024
Guaranty Trust Holding Company plc (“GTCO PLC” or the “Issuer”) (NGX: GTCO) today announced the opening of its Offer for Subscription of 9,000,000,000 Ordinary Shares of 50 kobo each at N44.50 per Ordinary Share (the “Offer”) following the clearance of the Offer Prospectus and registration of the Offer Shares by the Securities and Exchange Commission, Nigeria (SEC Nigeria). Net proceeds of the Offer will be applied toward the recapitalisation of GTCO PLC’s principal banking subsidiary, Guaranty Trust Bank Limited (GTBank Nigeria) as well as support Group-wide growth and expansion initiatives.
EFCC's Deafening Silence: Betta Edu's Alleged Shadow Governance Raises Questions
Written by Kunle Awosika
15 July, 2024
Despite the growing controversy surrounding Betta Edu's alleged manipulation of the Ministry of Humanitarian Affairs and Poverty Alleviation, the Economic and Financial Crimes Commission (EFCC) has remained notably silent on the matter.
Nigerian Socialite, Kemi Oriowo #JAPA to Canada as Court Orders Arrest for Cyber Stalking and Perjury
Written by Kunle Awosika
13 July, 2024
Cyberbullies often believe they can hide behind their electronic devices to harm others without consequence. However, one woman is finding out that the law can catch up with them.
Setting the Record Straight: BUA Truck Not Involved in Anambra Road Accident
Written by Kunle Awosika
10 July, 2024
Following recent online reports and a video circulating online, as well as an article published in the Tribune newspapers, BUA Cement Plc wishes to clarify that the truck involved in the accident on Agulu-Agwubu Road in Anambra State on Tuesday, July 9, 2024, is not a BUA Cement truck.
ZENITH BANK WINS THE TITLE OF BEST COMMERCIAL BANK IN NIGERIA AND RECEIVES THE BEST CORPORATE GOVERNANCE AWARD AT THE 2024 WORLD FINANCE AWARDS
Written by Kunle Awosika
09 July, 2024
Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2024, retaining the award for a fourth consecutive year.
UBA’s GMD Appointed Chairman, CIBN Body of Banks’ CEOs
Written by Kunle Awosika
08 July, 2024
The Group Managing Director/Chief Executive Officer, United Bank for Africa, (UBA) Plc, Oliver Alawuba has been appointed as the Chairman of the Chartered Institute of Bankers of Nigeria (CIBN) Body of Banks’ CEOs.
Fear Grips Asese Residents As Hired Nigerian Soldiers Fire Live Bullets at Workers Executing Court Orders
Written by Kunle Awosika
07 July, 2024
Residents of Asese, Ogun State, are living in fear after Nigerian soldiers allegedly hired by Christ Embassy fired live bullets at workers executing a court-ordered demolition.
SportyBet In Trouble As Aggrieved Customers Petition EFCC, FIID, SFU, FCCPC, Others Over Non-payment of N950m Winnings
Written by Kunle Awosika
28 June, 2024
Betting site, SportyBet would have to do a lot to convince sport-betting to continue to place bet with it, reports thegazellenews.com.
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