Foremost African Banking Group, Guaranty Trust Bank plc has announced its audited financial results for the year ended December 31, 2013 to the Nigerian and London Stock Exchanges. A review of the results shows a strong and positive performance across all financial indices and also affirms the Bank’s position as one of the most profitable financial services provider in Nigeria. ... Read More »
Heritage Bank has stated that the idea behind its revolutionary concept of banking products is the need to give consumers of banking services in the country an extra-ordinary degree of personalized service. The Bank, upon inception, came up with unique names for its products such as Ivory, Manila and Coral in one of the innovative offerings at market entry level. ... Read More »
The Forum of Commissioners of Finance from the 36 states of the federation on Thursday, in Abuja, passed a resolution for the removal of fuel subsidy. The Chairman of the forum, Mr. Timothy Odaah, told journalists shortly after this month’s Federation Account Allocation Committee’s meeting, that the resolution was passed following irregularities observed in the fuel subsidy regime. The forum ... Read More »
We have noted with disappointment, the unrelenting attempt by the Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi to falsely portray his recent suspension from office as an attempt by the Presidency to bury his allegation that huge sums of money due to the Federation Account are unaccounted for by the Nigerian National Petroleum Corporation (NNPC). The Presidency ... Read More »
Stern looking fully armed security operatives from the Nigerian Army and the Nigerian Police Force on Tuesday morning surrounded the headquarters of the Nigerian National Petroleum Corporation in Abuja. Although officials of the corporation denied any bomb threat, our correspondent gathered that the heavily armed men were drafted to site following claims of possible attack on the NNPC towers by terrorists. Asked ... Read More »
There was a mild drama today at the Ajilosun, Ado Ekiti branch of Eco Bank as customers were locked inside the bank as a result of power failure. Ibaka journal correspondent reports that customers outside also could not gain entrance into the banking hall for about forty five minutes that the situation lasted. The customers who were locked inside as ... Read More »
Foremost African Financial Institution, Guaranty Trust Bank plc has announced the start of its 2014 annual GTCrea8 Promo campaign for Nigerian undergraduates, an initiative aimed at rewarding the Bank’s customers studying in tertiary institutions across the nation. While explaining the details of the campaign, the Managing Director/CEO of Guaranty Trust Bank plc told journalists that the 9 month initiative ... Read More »
The youngest player in Nigeria’s financial landscape turned one year old on March 4 this year. As the bells chime for Heritage Bank and all those connected with its accomplishments in the past year clink glasses in a well deserved toast, it is pertinent to salute the spirit behind the evolution of unarguably the sweetest music to emanate in recent ... Read More »
The Publisher of Western Post, Tunde Rahman, has explained the rational behind the decision to publish the weekly newspaper. Rahman, who left his position as the Editor of ThisDay, the Sunday newspaper, said there was a void to be filled in the reportage of the old Western region, which has now been split into several states. The newspaper, which made ... Read More »
Promasidor Nigeria Limited, makers of Cowbell Milk, has launched Onga cubes into the Nigerian seasoning market following a successful penetration of Onga powder which was introduced into the market in 2004. Speaking at the launch of the new product in Lagos on Thursday, Mr. Kachi Onubogu, Executive Director, Commercial of Promasidor said, “After almost 2 years of insightful and ... Read More »
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