Lagos, Nigeria – July 15, 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 ... Read More »
Author Archives: seun
LAGOS, CIG MOTORS SIGN JOINT VENTURE DEAL TO ROLL OUT 5,000 NEW SMART TAXIS
•Sanwo-Olu: ‘We’re changing Lagos transport narrative with $260 million investment’ •New LAGRIDE operations to include car pooling, logistics services The comfort and convenience passengers derived riding in Lagos Ride (LAGRIDE) — an e-hailing taxi scheme operated by the Lagos State Government — is about to get better with the making of a new investment into the transport initiative. Governor Babajide ... Read More »
LASG WILL DEEPEN RELATIONSHIP WITH INDIA FOR HUMAN CAPACITY BUILDING, SAYS SANWO-OLU
•We’ll strengthen bilateral relationship with Lagos – High Commissioner Lagos State Governor, Mr. Babajide Sanwo-Olu, said on Monday that his administration will deepen its relationship with the Indian government culturally, economically, and medically for knowledge sharing and human capacity building. Governor Sanwo-Olu, who commended the Indian companies in Nigeria for being the second largest employer of labour after the Federal ... Read More »
Nigerian Senate Replaces Chief Whip Ndume with Monguno Amid Controversy
The Nigerian Senate has removed Senator Mohammed Ali Ndume from his position as Chief Whip and replaced him with Senator Mohammed Tahir Monguno. The decision comes after a letter of complaint against Ndume’s “unbecoming utterances” was read by the President of the Senate. The removal of Ndume, who represents Borno South, and his replacement by Monguno, also from Borno state, ... Read More »
MURIC Celebrates Judiciary Victory as Court Upholds Arabic on Naira
The Federal High Court has ruled in favour of the Muslim Rights Concern (MURIC) and the Central Bank of Nigeria (CBN) in a suit filed by Barrister Malcolm Omirhobo. The plaintiff had sought the removal of Arabic inscriptions from the naira. The case which began in late 2020, was dismissed today, Tuesday, 16th July, 2024 by Justice Yellim Bogoro sitting ... Read More »
Lagos State Debunks Monthly Environmental Sanitation Rumors
Lagos State Government on Wednesday debunked a viral fake news on social media, stating emphatically that the State has not re-introduced the monthly environmental sanitation and is not starting any movement restriction by July ending. In a statement signed by the State Commissioner for the Environment and Water Resources, Tokunbo Wahab, he stated that the viral news is the work ... Read More »
Dr. Olukayode Ajulo Addresses Supreme Court Judgment in Major Federal Case
I wish to address the recent Supreme Court judgment in Suit No: SC/CV/343/2004 – Attorney General of the Federation v. Attorney General of Abia State & 35 Ors, delivered on the 11th of July, 2024. This judgment, which has garnered significant public interest, is indeed a matter of great importance to our legal system and the country as a whole. ... Read More »
Yahaya Bello Seeks Appeal Court Intervention to Vacate Arrest Warrant Issued by EFCC
The arraignment of the immediate past Governor of Kogi State, Alhaji Yahaya Bello, over the alleged N80 billion money laundering charges made against him by the Economic and Financial Crimes Commission (EFCC), scheduled for tomorrow (Wednesday) may be stalled again, as Justice Emeka Nwite of the Federal High Court, Abuja, has been asked to adjourn indefinitely, proceedings in the charge, ... Read More »
First Lady Oluremi Tinubu Pays Condolence Visit to Saraki Family in Lagos
The First Lady of the Federal Republic of Nigeria Senator Oluremi Tinubu has paid a condolence visit to the Saraki family ahead of the funeral of their Mother Mrs Florence Morenike Saraki in Lagos While condoling with the children she noted that her visit which has the permission of President Bola Ahmed Tinubu is a way of letting the family ... Read More »
“Ilorin Emir Changes Name to Conceal Yoruba Heritage”. By Lasisi Olagunju
Justice Ibrahim Kolapo Gambari, JCA became the Emir of Ilorin in August 1995 and decreed the ‘Kolapo’ in his name abolished. He said he should thenceforth be known and called Alhaji Ibrahim Sulu-Gambari; all former documents remain valid. He gave no reason for his decision but not a few of us thought it was his way of hiding the Yoruba ... Read More »