Category: News

4th Mainland Bridge construction to begin by June

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Works on the proposed Fourth Mainland Bridge, earlier estimated to gulp N844 billion, would commence before the end of the year as a new investor will be announced by June this year, this was disclosed by the Lagos state Government. The project was stalled a year ago when the state government terminated a contract with a consortium of investors over delay in commencement. The consortium earlier engaged included: Visible Asset Limited, Julius Berger Nigeria Plc, Africa Finance Corporation (AFC) and Access Bank, Hi-tech Construction Limited, Eldorado Nigeria Limited, Nigerian Westminster…

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Gtbank Announces N45 Billion PAT In Q1

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Guaranty Trust Bank on Wednesday announced N44.670 billion profit after tax (PAT) for the first quarter of 2018. This was higher than the N41.471 billion filed in the corresponding quarter of 2017. The report released through the Nigerian Stock Exchange (NSE) showed the lender ended the quarter with net interest income of N59.689 billion, lower than the N66.129 billion from 2017. Loans impairment charges declined from N3.412 billion in 2017 to N1.639 billion. Incomes from fees and commission grew from N13.68 billion to N15.22 billion in the quarter, while profit…

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Elizabeth Solaru is coming to the 2018 GTBank Food and Drink Fair

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Baking aficionado and founder of Elizabeth’s Cake Emporium, Elizabeth Solaru will be at the GTBank Food and Drink Fair to facilitate a Masterclass on how to make great wedding cakes. Elizabeth was recently named as one of the world’s “Masterful 100.” Her creations have been featured in numerous international publications including Wedluxe, Strictly Weddings and The Telegraph, amongst several others. Elizabeth’s Cake Emporium is regarded as one of the best wedding cake companies in the world. The company creates beautifully handcrafted cakes that are adorned with the most realistic edible…

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Ige Salutes Adeseun On Election As Ogbomoso Pivotal Club President

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The Vice Chairman, OTrafford Squash Club, Marina Lagos, Mr. Taye Ige, has sent words of congratulations to the Chairman of the Club, Pharm Remi Adeseun on his election as the President of Ogbomosho Pivotal Club over the weekend. Mr Adeseun emerged the new leader of the Club after he was unanimously elected as President at the Club’s Annual General Meeting. Adeseun, a fellow of both the Pharmaceutical Society of Nigeria and the Nigeria Academy of Pharmacy, succeeds Dr. Akin Onigbinde (SAN). In a statement, Ige opined that members of Ogbomosho…

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FG Deliberately Using Soot To Reduce Rivers Population, Wike Tells UN

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Rivers State Governor, Nyesom Ezenwo Wike, has declared that the All Progressives Congress, APC, Federal Government deliberately plans to eliminate a greater percentage of the state’s population by her failure to act on the soot and its primary causes. The Governor announced that the Honourable Attorney General of Rivers State has been directed to sue the Federal Government and International Oil Companies, IOCs, operating in the state over the soot. Addressing a delegation of the United Nations, UN, at the Government House Port Harcourt on Wednesday during a high profile…

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A Lot Of Nigerian Youths Haven’t Been To School — Buhari Tells Commonwealth

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President Muhammadu Buhari says many Nigerian youths just want to sit down and do nothing, banking on the notion that Nigerian is an oil-rich nation. Speaking at the Commonwealth Business Forum in Westminster on Wednesday, the president said a lot of Nigerian youths have not been to school and they want everything free. “About the economy, we have a very young population, our population is estimated conservatively to be 180 million. This is a very conservative one,” Buhari said. “More than 60 percent of the population is below 30, a…

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6 Top Bank CEOs -What makes them extra-ordinary

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The banking industry is one of the most critical sectors of every economy all over the world. And as such, most of those who have invested in this career and emerged as Chief Executive Officers can only be described as top brains because of their expertise in investment banking and funds management. Note that it takes a lot of hard work to build a profile as good as that of already successful investment bankers, especially having achieved the coveted level of Managing Director/CEO. The Nigerian banking industry, just like other…

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Ibrahim Babangida: Nobody Will Read My Biography Because Of My Past – Babangida

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former military dictator, Ibrahim Babangida, says Nigerians no longer take him seriously because he annulled the June 12,1993 Presidential election adjudged as the most credible election in the history of Nigeria. When asked if he would publish his biography soon to tell his story, Babangida said nobody would read it because of his past. He explained that it was true people dismissed his words because of the annulment of June 12 election. “That is right. They say, ‘he cancelled the freest election in the history but he annulled it’ but…

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Buhari Has Had To Spend Inordinate Time Cleaning Pdp’s Rot —tinubu

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A national leader of the All Progressives Congress, Bola Tinubu , says the ruling party , which took over power about three years ago , has done for the citizens what the ousted Peoples Democratic Party did not even try in the entire 16 years that it was in power. Tinubu expressed disgust that President Muhammadu Buhari has had to spend “ inordinate time ” cleaning the rot left by the PDP . According to him , APC is the direct opposite of the PDP which “has perfected the malign…

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