Shareholders of Guarantee Trust Holding Company Plc (GTCO) have approved a total cash dividend of ₦466.38 billion for the 2025 financial year, marking one of the highest payouts in Nigeria’s banking sector. At the company’s Annual General Meeting, shareholders endorsed a final dividend of ₦11.76 per share, in addition to an interim dividend of ₦1 …
The Centre for the Promotion of Private Enterprise (CPPE) has warned that increasing salaries alone will not improve the welfare of Nigerian workers, urging the government to focus on reducing the cost of living and fixing basic services. In a policy brief issued Thursday, CPPE Chief Executive Officer, Dr Muda Yusuf, said the current focus …
The federal government has declared Friday, May 1, 2026, a public holiday in commemoration of this year’s International Workers’ Day. The announcement was made by the Minister of Interior, Olubunmi Tunji-Ojo, in a statement issued on Wednesday and signed by the Permanent Secretary in the ministry, Magdalene Ajani. According to the statement, the minister extended …
President Bola Ahmed Tinubu has removed Mr. Saidu Mohammed from his position as Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The President has also nominated Mr. Rabiu Abdullahi Umar to take over as the new Chief Executive of the agency. The appointment, however, is subject to confirmation by the …
The Nigerian Senate has taken steps to reduce the country's stimated $2 billion annual rice import bill as it pushed forward new legislation aimed at strengthening domestic food production and boosting agricultural self-sufficiency. At plenary, lawmakers considered and adopted committee reports on three agriculture-focused bills designed to increase local output, stabilise food supply, and cut …
The Nigerian Bar Association (NBA) has strongly condemned the extrajudicial killing of a suspect by police officers in Delta State, declaring that no law enforcement officer has the authority to act as “prosecutor, judge, and executioner.” In a statement issued on Wednesday, the NBA expressed deep concern over a viral video showing the summary execution …
The life of a small-scale grocery seller in Plateau State, Ejiofor Akujieze, has taken a transformative turn after he was named the grand prize winner of ₦5 million in the recently concluded Golden Morn Golden Hunt. The nationwide initiative, launched by Nestlé Nigeria, distributed about ₦80 million in total rewards to consumers across the country. …
Amid an internal crisis within the African Democratic Congress (ADC), the Nigeria Democratic Congress (NDC) has stepped up efforts to attract influential politicians, including former Kano State governor Rabiu Kwankwaso, who on Monday received party leaders at his Abuja residence. Among those in attendance was the party’s National Vice-Chairman (North-West), Mohammed Bakin, alongside other senior …
Kano State Governor, Abba Yusuf, has accused some individuals in the country of exploiting Nigeria’s security challenges for political advantage. He made the remarks on Tuesday in Lagos at a national conference organised by the Nigerian Human Rights Community (NHRC), themed “Building a fractured nation.” Yusuf, who was represented at the event by the Kano …
As the Independent National Electoral Commission’s (INEC) deadline for political parties to submit candidate lists for the 2027 general elections draws closer, a coalition of women’s groups has stepped up pressure on the National Assembly, staging a protest in Abuja and demanding the swift passage of the special seats bill. The protesters stormed the National …
