Positioned for Growth: Guaranty Trust Bank Completes Corporate Reorganization

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Aiming to strengthen its long-term competitiveness and growth prospects, Guaranty Trust Bank plc has completed its re-organisation to a Holding Company Structure. Under the terms of the re-organisation, a new operating company has been established and amendments made to the articles of incorporation for a corporate name change. The corporate name of Guaranty Trust Holding Company Plc and GTCO Plc will be used by the newly established operating company.   The newly established Guaranty Trust Holding Company Plc is also pleased to announce its new Board of Directors as well…

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How 6 Finalists Will Emerge from FirstBank’s Sponsored The Voice Nigeria Season 3 Second Live Show

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https://www.instagram.com/p/CRPIjiBL4CF/?utm_medium=copy_link By Israel Bolaji Six finalists are expected to emerge through the viewers votes following the second live show of the FirstBank Sponsored The Voice Nigeria Season 3. UN1TY Limited and Livespot360, producers of the global talents reality series, explained how to vote on the voice Nigeria season 3, sponsored by FirstBank, Baba Ijebu and Airtel. To keep their favourite vocalists on the show, viewers have to dial *894*7*talent’s code#. To know the voting code of your preferred contestant to save, visit the Bank’s official Instagram handle and get voting:…

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We suspect conspiracy in Ataga’s murder -CP

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The Lagos State Commissioner of Police, Hakeem Odumosu has stated that aside from a University of Lagos student, Chidinma Ojukwu, more suspects had been arrested in connection with the murder of Super TV’s boss, Usifo Ataga. Odumosu made this known while parading no fewer than 1,320 suspects for allegedly terrorising and robbing residents of their valuables in various areas of the state. Speaking at the command headquarters at Ikeja on Wednesday, Odumosu said the suspects were arrested with weapons and hard drugs, adding that the command was committed to reducing…

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UNILAG shuts halls of residence indefinitely over covid-19

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University of Lagos (UNILAG), authorities yesterday, shut down the school hostels effective today till further notice and has ordered students to vacate campus to avoid escalation of COVID-19 cases. This followed the panic ignited by Tuesday’s report that more than six students from Honours, Moremi and Amina hostels reportedly contracted coronavirus and were sent to an isolation centre. The development led the school management to convey an emergency Senate meeting yesterday. The students were also advised to move all their personal effects at once. Authorities also confirmed there has been…

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Ekiti first lady’s security aide under investigation for rape

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On Monday, July 12, 2021, an allegation of rape was made against one of the security operatives attached to Bisi Fayemi, wife of Ekiti State governor, and the suspect is being investigated. According to the State’s Attorney General and Commissioner for Justice, Olawale Fapohunda disclosed this in a statement that, the alleged rape incident occurred in Abuja. Fapohunda said the matter, has been reported at Criminal Investigation Department (CID) FCT Command, adding that further action will be determined by the outcome of the probe. The statement read: “The Ministry of…

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NGX Welcomes Guaranty Trust Holding Company Plc with Closing Gong Ceremony

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The Nigerian Exchange (NGX) Limited, on Tuesday, July 13, marked the listing of Guaranty Trust Holding Company Plc’s (“GTCO Plc”) shares with a Closing Gong Ceremony on the main floor of the exchange. This follows the completion of all regulatory requirements for the corporate reorganization of the leading financial institution into a holding company structure and the listing of GTCO Plc, on the Nigerian Exchange (NGX) Limited and the London Stock Exchange, replacing Guaranty Trust Bank Plc. Guaranty Trust was first listed on the Nigerian Exchange in 1997, winning the…

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HOW CUSTOMERS’ INCREASED TRUST IN FIRSTBANK’S *894# USSD BANKING CAN BOOST THE FINANCIAL INCLUSION DRIVE

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The path to financial inclusion holds different marketplace barriers and opportunities in different countries, but the push continues because of proof that an increase in economic activities among the financially vulnerable can reawaken a comatose economy. For Nigeria, the last three years have seen significant growth of the financial inclusion rate from 56.8% in 2016 to 63.2% in 2018. FirstBank’s *894# USSD banking service is playing a key role in it. FirstBank’s *894# USSD banking initiative is already averaging about 99 million transactions monthly, with a naira worth of (N’m)…

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Death toll rises to 72 in South Africa violence outbreak

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The violent outbreak in South Africa which has been running for the past five days, has left about 72 people dead. Stores and warehouses in South Africa were hit by looters on Tuesday despite the troops President Cyril Ramaphosa deployed to try to quell the unrest. As pillaging erupted in the economic capital of Johannesburg and the southeastern province of KwaZulu-Natal, South Africa’s main opposition accused radicals of stoking the unrest. The armed forces were sending 2,500 soldiers to help the overwhelmed police. But these numbers are dwarfed by the…

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Panic in UNILAG as medical centre confirms surge in covid-19 patients

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There was panic at the University of Lagos (UNILAG), yesterday, following claims that some students have contracted COVID-19, while authorities also confirmed there has been a recent increase in the number of persons within the university community, who have presented with symptoms of COVID-19 infection. Already, some students said about six of their colleagues from Onas, Moremi and Amina hostels have tested positive to the virus and have been sent to an isolation centre. Once a student is confirmed positive, others sharing the same room with the student are sent…

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30 arrested by EFCC over fraud

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Operatives of the Economic and Financial Crimes Commission have arrested no fewer than 30 suspects during a raid on Parktonian Hotel in the Lekki area of Lagos State. During the raid on Tuesday, the operatives were alleged to have gained entry into the occupants’ rooms by seizing the master cards from the management of the hotel at gunpoint. When the operatives gained entry into the rooms, it was learnt that some of the occupants were naked under the duvet as the operatives interrogated the occupants. One of the victims, while…

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