Guaranty Trust Bank plc has released its audited financial results for the half year ended June 30, 2019 to the Nigerian and London Stock Exchanges. The half year result shows positive growth across key financial metrics and reflects GTBank’s leading position as one of the best managed financial institutions in Africa. The Bank reported a ... Read more

THE Economic and Financial Crimes Commission (EFCC) has seized the international and diplomatic passports of the Head of the Civil Service of the Federation, Mrs. Winifred Ekanem Oyo-Ita, who is under investigation for alleged N3billion fraud. Mrs. Oyo-Ita's movement has been restricted to the country pending the conclusion of investigation. ... Read more

The Frontier Exploration Services (FES) Unit of the NNPC, the Nigerian state hydrocarbon company, has awarded contracts to Halliburton to run drill stem tests (DSTs) and tubing conveyed perforation (TCP) on the Kolmani River-2, in Bauchi State, in the Gongola Basin, in the country's northeast. In the industry, the application of DST (a tool for ... Read more

Wall Street sold off sharply on Wednesday as recession fears gripped the market after the U.S. Treasury yield curve temporarily inverted for the first time in 12 years. All three major U.S. indexes closed down about 3%, with the blue-chip Dow posting its biggest one-day point drop since October after 2-year Treasury yields surpassed those of 10- ... Read more

Pan African financial services institution, United Bank for Africa (UBA) Plc, and the Lagos Chamber of Commerce and Industry(LCCI), have partnered to organize the 2019 edition of the Lagos International Trade Fair. The Fair, which holds between November 1st and 10th, 2019, is the 33[SUP]rd[/SUP] edition and is expected to provide an avenue for n ... Read more

Zenith Bank Plc has hailed the Nigerian female basketball team, D'Tigress for their exploits at the ongoing FIBA Women's Afrobasket 2019 in Dakar, Senegal. The Nigerian football team has progressed to the quarterfinal stage of the competition. The Group Managing Director/ Chief Executive, Mr. Ebenezer Onyeagwu commended the team for their har ... Read more