…….. Reports Profit Before Tax of ₦302.9billion On Thursday, March 31, 2026, Guaranty Trust Holding Company Plc (GTCO or the Group) has released its Unaudited Consolidated and Separate Financial Statements to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group posted Profit Before Tax of ₦302.9billion on the back of strong performance posted on the core earnings lines of interest income and fee income which grew y-o-y by 17.5% and 7.1% respectively. Earnings capacity was driven by 1.3% growth in the Group’s Loan book (net) from ₦3.13trillion as of December 2025 to ₦3.17trillion in March 2026,…
Author: Lilian Azuh
The All Progressives Congress (APC) in Lagos State on Tuesday rolled out a warm welcome for Hon. Ayodeji Da-Silva following his official defection from the Peoples Democratic Party (PDP) to the ruling party. The event, held in the Amuwo/Festac political constituency, drew party leaders and stakeholders who described the move as a significant boost to APC’s grassroots strength. Representing the Lagos State APC Chairman, Pastor Cornelius Ojelabi, members of the party’s executive council led by the state secretary formally received Da-Silva, presenting him with the party’s flag and symbol amid high spirits. Hosting the event, the Executive Chairman of Amuwo…
Nigeria’s economic ambitions, whether higher productivity, a more competitive private sector, or stronger household resilience, all eventually run through the same bottleneck: the quality of the country’s human capital. For a bank, that fact carries a quiet implication. The customers, entrepreneurs, and employees of the next two decades are sitting in classrooms today, and many of those classrooms are under-resourced. It is in that context that Union Bank of Nigeria has built its corporate social responsibility agenda around one of its major pillars – education. The thinking is not that a bank can fix Nigerian education, but that a bank…
Dangote Petroleum Refinery has approved the recall of engineers previously redeployed across its business units, following what management described as a conditional pardon after internal disciplinary actions linked to operational disruptions. In an internal communication to staff, the company said the decision followed an extensive review process and numerous appeals from respected individuals, stakeholders, and the engineers. The refinery noted that while earlier actions were taken to protect operations and uphold organisational standards, it has now opted to offer a second opportunity to the staff. Under the directive, according to a memo signed by the Group Vice President, Oil & Gas, Devakumar…
Leading healthcare professionals, policymakers, and autism advocates have strongly commended The Alternative Bank (AltBank) for championing a proactive approach to autism care in Nigeria. At the Bank’s Maiden Autism Stakeholders Roundtable and Policy Dialogue, held in Lagos on Friday, stakeholders lauded the institution’s decisive shift toward early intervention, systemic inclusion, and comprehensivecapacity building for parents and caregivers. Organised in partnership with the Private Sector Health Alliance of Nigeria (PSHAN), Eliakim Foundation, and Sterling One Foundation under the theme, ‘It is How You Show Up,’ the event served as a critical platform to address the country’s fragmented autism support systems. Dr.…
The Nigerian National Petroleum Company Limited, in a move aimed at strengthening healthcare delivery and improving patient care, has commissioned and handed over three rehabilitated 100-bed capacity wards to the National Orthopedic Hospital, Igbobi, Lagos. The project, executed by the NNPC Foundation Ltd./Gte., involved the comprehensive rehabilitation and upgrade of Wards G, H, and J of the hospital. The intervention included the installation of new beds and the introduction of a central medical gas system designed to enhance the quality and efficiency of care. Other aspects of the upgrade comprised the replacement of roofing and ceilings, modernisation of electrical and…
The NNPC Gas Infrastructure Company (NGIC), a wholly owned subsidiary of NNPC Limited, has successfully completed the River Niger Crossing of the 130-kilometre Obiafu-Obrikom-Oben (OB3) Gas Pipeline, marking a major milestone in the expansion of Nigeria’s national gas transmission network. The successful crossing unlocks the full potential of the OB3 Pipeline, a strategic infrastructure designed to transport up to 2 billion standard cubic feet of gas per day, significantly strengthening energy availability, enhancing supply reliability, and accelerating national economic development. Executed approximately two kilometres beneath the River Niger riverbed, the technically complex crossing was delivered by the NNPC project team…
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