GTCO Reports Record N1.266trn Profit for 2024, Announces N8.03 Dividend Per Share
Lagos, Nigeria – Guaranty Trust Holding Company Plc (GTCO) has achieved a historic milestone, posting a pre-tax profit of N1.266 trillion in its audited 2024 full-year financial results. This marks a significant 108% increase from the N609.3 billion recorded in … Continue Reading
Court Overturns Dani Alves’ Rape Conviction, Citing Trial Irregularities
The initial trial determined that Dani Alves had used force against the victim, leading to his conviction. However, his defense team consistently maintained that the encounter was consensual, arguing that the evidence presented in court was flawed. The appeal court’s
… Continue ReadingRainstorm Destroys Over 500 Homes in Kogi, Residents Seek Urgent Aid
Gene echoed the plea, urging the Kogi State government and relevant agencies to collaborate in providing immediate assistance to the affected communities.
Kogi State, Nigeria – A violent rainstorm tore through Itobe District in Ofu Local Government Area of Kogi … Continue Reading
Reps Advance Bill to Cap Presidential, Gubernatorial Age Limit at 60
Apart from this, the House Reps members also advanced several other crucial bills, including a constitutional amendment seeking to provide legal backing for the establishment of Alvan Ikoku Federal University of Education in Imo State. Sponsored by Speaker Tajudeen Abass
… Continue ReadingUK Government Releases List of 58 Unclaimed Estates Belonging to Deceased Nigerians
potential heirs who believe they have a rightful claim to any of these estates can file an application through the Bona Vacantia division of the UK Government. To support their claims, they must present legal documents, including birth certificates,
… Continue ReadingJUST IN: House of Reps Rescinds Passage of Bills on Immunity Removal
The move comes amid widespread reactions following the initial passage of the bills during Wednesday’s plenary, where lawmakers had considered and advanced 42 proposed amendments to the 1999 Constitution. One of the bills, sponsored by Rep. Solomon Bob (PDP, Rivers),
… Continue ReadingReps Advance Bill to Upgrade 37 Lagos LCDAs to Full Local Governments
Abuja, Nigeria – The Nigerian House of Representatives has taken a significant step toward restructuring local governance in Lagos State by passing the second reading of a bill seeking to upgrade the state’s 37 Local Council Development Areas (LCDAs) into … Continue Reading
Reps Move to Remove Immunity for V’President, Govs, and Deputies
The amendment specifically targets Section 308 of the Constitution, which currently grants immunity to the President, Vice President, Governors, and Deputy Governors. If passed, the new law will limit this protection solely to the President and the Vice President only
… Continue ReadingTinubu’s Sole Administrator Suspends All Political Appointees in Rivers State
This move comes amid ongoing political restructuring efforts in Rivers State, as the Tinubu administration continues to exercise direct oversight over the state’s governance.
Port Harcourt, Nigeria – The Rivers State Government has announced the immediate suspension of all political … Continue Reading
MTN Group, Airtel Partner on Network Infrastructure Sharing
Abuja, Nigeria – MTN Group and Airtel Africa have entered into strategic agreements to share network infrastructure in Nigeria and Uganda, aiming to enhance digital and financial inclusion across the continent.
The partnership aligns with regulatory requirements in both countries … Continue Reading