Shareholders of Guaranty Trust Holding Company Plc (GTCO) have praised the bank’s management for delivering what they described as the highest dividend payout in Nigeria’s banking sector for the 2025 financial year, as the group declared a total of ₦12.76 per share. At the company’s 5th Annual General Meeting (AGM) on Tuesday, investors commended the …
The United Arab Emirates (UAE) has announced its decision to withdraw from the Organisation of Petroleum Exporting Countries (OPEC) and the wider OPEC+ alliance. The Gulf state made this known on Tuesday, April 28, saying it takes effect May 1, 2026. The decision marks a significant shift in global energy geopolitics, as the UAE was …
The Nigeria Labour Congress (NLC) has warned that even a monthly salary of ₦1 million would be meaningless without a stable naira and a stronger economy. NLC President, Joe Ajaero, said workers are more concerned about the purchasing power of their income than headline salary figures, noting that rising inflation continues to erode earnings. “Even …
The Federal Competition and Consumer Protection Commission (FCCPC) has reminded airlines that passengers are entitled to care, including meals and hotel accommodation, during prolonged flight delays. The Commission said airlines are legally required to provide refreshments after extended waiting periods, while passengers affected by overnight delays must be offered hotel accommodation and transport. READ ALSO: …
The Nigerian Army has dismissed allegations of torture and inhumane treatment at its detention facility in Sokoto, while confirming that an investigation is underway into the death of a detained soldier. The response follows a petition by Malcolm Omirhobo, who accused personnel at the 8 Division Provost Group Detention Facility in Giginya Cantonment of brutality, …
The Federal Government plans to include Aviation Turbine Kerosene (ATK) in the Naira-for-Crude initiative as part of an emergency response to the ongoing aviation fuel crisis. It was one of the recommendations made by a technical committee convened by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), following a series of high-level stakeholder meetings …
Fresh concerns as Nigeria battles widening immunisation gaps despite pockets of progress in Katsina As the global community marks the World Immunisation Week 2026, Nigeria is once again at the centre of renewed concern over childhood vaccination coverage, with health experts warning that millions of children remain outside the protection of routine immunisation programmes. …
Accord has distanced itself from a reported coalition of opposition parties seeking to present a single presidential candidate for the 2027 general election. The party said it did not take part in the national summit of the All Opposition Political Party Leaders held in Ibadan, Oyo State, on Saturday. At the meeting, opposition groups, including …
Newly appointed Minister for Housing and Urban Development, Engr Muttaqha Rabe Darma, has called for stronger stakeholder collaboration, signalling a shift toward transparency and pledging an "open-door policy" to drive reform across Nigeria's housing sector. The minister stated this during his official assumption of office on Monday, April 27, at the ministry’s headquarters in Abuja. …
The Lagos State Government has dismissed claims that Governor Babajide Sanwo-Olu has been directed to step down over health concerns. A report had alleged that President Bola Tinubu and influential figures in the state were unhappy with the current leadership and had begun moves to effect a transition. Reacting on Monday, the governor’s Special Adviser …
