By Ayomide Otitoju Guaranty Trust Holding Company Plc (GTCO) has announced a profit before tax (PBT) of ₦600.9 billion for the half year ended June 30, 2025, despite the absence of last year’s exceptional one-off fair value gains of ₦493.01 billion. The audited financial results, filed with the Nigerian Exchange Group (NGX) and the London…
By Ayomide Otitoju Billionaire businessman Femi Otedola has alleged that more than N2 trillion was siphoned through dubious petrol subsidy claims during the administration of former President Goodluck Jonathan, exploiting loopholes in depot licences. Otedola made the disclosure while declaring support for the Dangote Petroleum Refinery in its ongoing dispute with the Depot and Petroleum…
By Ayomide Otitoju The Executive Chairman of Kabba/Bunu Local Government Area, Hon. (Barr.) Zacchaeus Dare Michael, has commended residents for their vigilance and commitment to security surveillance, following credible intelligence shared with authorities on the movement of herders through the area. Community members had alerted security officials about a group of herders with over 1,000…
By Ayomide Otitoju The Merck Foundation, the philanthropic arm of Merck KGaA Germany, has concluded the 7th edition of the Merck Foundation First Ladies Initiative (MFFLI) Summit 2025. The event was inaugurated by Prof. Dr. Frank Stangenberg-Haverkamp, Chairman of the Merck Foundation Board of Trustees; Senator Dr. Rasha Kelej, CEO of Merck Foundation and President…
By Ayomide Otitoju Rite Foods Limited, makers of Sosa Fruit Drink and Bigi Premium Water, has announced a strategic partnership with Showtime to support the 2025 Flag Football season, reinforcing its commitment to youth empowerment, inclusivity, and community development. The collaboration was unveiled at Rite Foods’ headquarters in Lagos, where Showtime representatives highlighted the sport’s…
By Ayomide Otitoju MTN Nigeria posted revenue of N2.38 trillion in the first half of 2025, representing a 54.5% increase from N1.54 trillion in the same period last year. The performance places the telecoms giant on course to surpass N5 trillion in annual revenue for the first time in its history. According to the company’s…
By Ayomide Otitoju Adron Homes and Properties Limited has reaffirmed its commitment to cultural preservation and community development through its official sponsorship of the 2025 Olojo Festival, themed “Tourism for Inclusive Growth with Cultural Rebirth.” Speaking at a press conference held at the Palace of His Imperial Majesty, Oba Eniitan Adeyeye Ogunwusi, CFR, Ojaja II,…
By Ayomide Otitoju Lagos State Governor, Babajide Sanwo-Olu, has inaugurated the 2025 edition of the Fidelity Nigeria International Trade and Creative Connect (FNITCC), held at the Georgia State Capitol in Atlanta, United States, on Thursday, September 18. In his keynote address, Sanwo-Olu underscored Lagos State’s commitment to partnering with corporate organizations and sub-national governments worldwide…
By Ayomide Otitoju Global and local leaders in the building, design, and construction industries have concluded plans for the Ecobank Build and Design Expo, a premier exhibition aimed at showcasing innovation and excellence in the sector. The five-day event, themed “How We Build, How We Live,” will run from September 24 to 28, 2025, at…
