HEADLINE

LAGOS – Ratings agency – Agusto & Co. has upgraded Wema Bank Funding SPV Plc’s (‘’the Issuer’’ or ‘’the SVP’’) Series II Bond (‘‘the Issue’’ or ‘’the Bond’’) to ‘Bbb+’, with a stable outlook, from the previous ‘Bbb’ score. The Issuer is a Special Purpose Vehicle (SPV) set up by …

Says, “People With Illicit Money Buried Under Soil Will Have A Challenge” ABUJA – President Muhammadu Buhari has said that the CBN has his support to launch new designs and replace high value naira notes. The president’s media aide, Garba Shehu stated this in Abuja on Sunday, October 30, 2022 …

ABEOKUTA – No fewer than 62 students who are beneficiaries of the Secretary to Ogun State Government (SSG), Mr. Tokunbo Talabi’s Educational Scholarship Scheme, drawn across eight Public Primary and Secondary Schools in Ijebu-North Local Government Area of the State have shown appreciationto the benefactor. It would be recalled that …

ABEOKUTA – A group under the aegies – BOT Apex Gold had their inaugural meeting on Thursday, October 27, 2022 at the Abeokuta residence of their conveigner, Alhaja Adekunle Omoronike from Abeokuta South local government. According to Alhaja Adekunle the group was established towards the realisation of Barr. Biyi Otegbeye’s …

LAGOS – First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its partnership with CFA Society Nigeria to host its annual flagship event, the Universities Ethics Challenge final, and it was held at Radisson Blu Hotel, Victoria Island Lagos on Saturday, 29, October 2022. …

JOHANNESBURG, South Africa, October 26, 2022/ — The Sandton Central (https://SandtonCentral.co.za) precinct has long been admired as South Africa’s business capital, housing not only the Johannesburg Stock Exchange and numerous listed companies, but also many of Africa’s most prolific thinkers and highly sought-after retail experiences. Now, the public have even …

Lagos, Nigeria: October 2022 – Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Unaudited Consolidated and Separate Financial Statements for the period ended September 30, 2022, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦169.7billion, representing …

By Snr. Chief ‘Lekan Alabi IBADAN – The popular saying – “Mogaji Ibadan bii Oba ibomiran ni”, connotes the fact that Ibadan Mogajis surpass some other towns kings. This fact is buttressed by the large population of men/women, economic resources, such as lands (in the city and less city) presided …

ABEOKUTA – Ogun State governor, Prince Dapo Abiodun, has charged the 14th Olowu of Owu, Oba (Prof.) Saka Matemilola, to see his installation as a call to service towards the development of Owu Kingdom and the state in general. Abiodun stated this on Saturday, October 29, 2022 at the presentation …

LAGOS – United Bank for Africa (UBA) Plc. has released its third quarter results, showing double-digit growths across key performance indicators. According to the extracts of the interim report and accounts for the nine-month period ended September 30, 2022 released at the Nigerian Exchange (NGX) showed that top-line earnings rose …