Author: Akintayo Adams

Guaranty Trust Holding Company (GTCO) Plc has announced that it raised ₦209.41 billion through its recent public offer. This marks the first phase of its equity capital raise program. The funds will be used to recapitalize GTCO’s flagship subsidiary, Guaranty Trust Bank (GTB) Limited, and support group-wide growth initiatives. The public offer saw 130,617 valid applications for 4,705,800,290 ordinary shares, which were fully allotted. GTCO’s Group Chief Executive Officer, Segun Agbaje, expressed gratitude to shareholders for their support and highlighted that this milestone sets a solid foundation for the company’s strategic roadmap. The second phase of the recapitalization program, targeting…

The Nigerian Army has made history by promoting Hajara Egbunu to the rank of Army Warrant Officer, making her the first female soldier from the elite Infantry Corps to achieve this prestigious rank. The decoration ceremony took place in Abuja on January 3, 2025, and was led by Brigadier General Mathias Amatso, Commander of the Nigerian Army Women’s Command (NAWC). In her acceptance speech, Egbunu expressed deep gratitude to God and the Chief of Army Staff, Lieutenant General OO Oluyede, for his visionary leadership and support in facilitating her career advancement. She also acknowledged Brigadier General Amatso’s guidance, which had…

Former staff members of the Central Bank of Nigeria (CBN), who were dismissed in a mass layoff last year, have taken the apex bank to the National Industrial Court of Nigeria in Abuja. The aggrieved former staff members, represented by Stephen Gana and 32 others, filed a class-action lawsuit on July 4, 2024, under the NICN Civil Procedure Rules 2017. The claimants argue that their termination process, carried out through letters titled “Reorganisational and Human Capital Restructuring” dated April 5, 2024, violated both the CBN human resources policies and procedures manual and Section 36 of the Nigerian Constitution. They claim…

A deadly explosion occurred at an Islamiyyah school in the Kuchibiyu Community of Bwari Area Council, Abuja, on January 6, 2025. The explosion, suspected to have been caused by an Improvised Explosive Device (IED), killed one student and injured four others. The incident happened around noon, causing widespread panic in the area. Emergency and security personnel, including the police bomb disposal squad, quickly arrived at the scene to respond to the incident. The injured students were rushed to the hospital for treatment. As of now, the police have not yet commented on the incident, and details remain unclear. The identity…

Canadian Prime Minister Justin Trudeau has announced his resignation as the leader of the ruling Liberal Party after nearly 12 years at the helm. Trudeau, who has been facing increasing pressure from within his own party and declining popularity due to various policy decisions, made the announcement during a press conference at Rideau Cottage on January 6, 2025. Trudeau stated that he will remain in office until a successor is chosen. His resignation comes ahead of the upcoming federal election, where polls suggest the Liberal Party is likely to face a significant defeat against the Conservatives. Trudeau’s tenure has been…

Popular Nollywood actor Zubby Michael has stated that singer Davido is not a human being. The actor made this remark while speaking about the singer’s personality in a video from his interview shared on social media. Speaking on the ‘Curiosity Made Me Ask’ podcast with Isbae U, Zubby Michael recalled how Davido put him on a private jet for the first time in his life. Reflecting on the incident, the actor described Davido as an angel, not a human being. “My first private jet experience is OBO. If it’s easy, run am now. That’s why he is OBO. Davido is…

Rosabon Financial Services (RFS) Limited, an award-winning member of the Concept Group, is licensed by the Central Bank of Nigeria (CBN) since April 22, 1993. As a long-standing member of the Equipment Leasing Association of Nigeria (ELAN), the organization has evolved into Nigeria’s leading non-banking financial intermediary and equipment leasing firm, catering to niche and general markets. Related || Regional Accountant at Adron Homes Position: Sales Executive (Salary Loan / Wealth Management) Locations: Abuja (FCT), Anambra, Kano, Lagos, Ondo, Osun, Oyo, and Rivers Employment Type: Full-time Scope and Impact: The candidate will be responsible for selling various loan products, acting…

The Chief of Defence Staff (CDS), General Christopher Musa, has declared 2025 as the year for Nigeria’s military to decisively tackle and eradicate banditry, terrorism, and other security threats across the country. General Musa made this pronouncement during a visit to troops of Operation Safe Haven (OPSH) in Mangu Local Government Area of Plateau State. He commended the military’s achievements in safeguarding Nigeria’s territorial integrity and urged troops to redouble their efforts. “This year, 2025, will be a decisive year for Nigeria’s security. We must make it the year we finally eradicate banditry, terrorism, and all forms of insecurity threatening…

The West African Examinations Council (WAEC) has launched a new initiative allowing students to resit their failed West African Senior Secondary Examinations (WASSCE) papers as early as January and February 2025. This significant shift from the previous system, where candidates had to wait for the next private exam cycle, aims to help candidates quickly improve their grades and qualify for the next admissions cycle. Students who access their results and realize they need to resit one or two papers have until January 8 to register online through WAEC’s website or at WAEC-accredited internet cafés. The exams will take place from…

The International Criminal Police Organization (INTERPOL) has summoned Peter Olasupo, an Ibadan-based broadcaster, to appear at its office over allegations of criminal defamation and cyber-stalking. Olasupo received an official letter on December 30, 2024, requiring him to report to INTERPOL headquarters at Force Headquarters, Shehu Shagari Way, Garki, Abuja, on January 13, 2025. The broadcaster confirmed the invitation via a statement he posted on his Facebook page. Olasupo expressed his confusion and curiosity about the allegations, maintaining his innocence and stating his commitment to cooperating with the investigation. He also questioned why he was required to report to the Abuja…