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Positioned for Growth: Guaranty Trust Bank Completes Corporate Reorganization

Aiming to strengthen its long-term competitiveness and growth prospects, Guaranty Trust Bank plc has completed its re-organisation to a Holding Company Structure. Under the terms of the re-organisation, a new operating company has been established and amendments made to the articles of incorporation for a corporate name change. The corporate name of Guaranty Trust Holding Company Plc and GTCO Plc will be used by the newly established operating company.   The newly established Guaranty Trust Holding Company Plc is also pleased to announce its new Board of Directors as well…

How 6 Finalists Will Emerge from FirstBank’s Sponsored The Voice Nigeria Season 3 Second Live Show

Israel Bolaji reports; Six finalists are expected to emerge through the viewers votes following the second live show of the FirstBank Sponsored The Voice Nigeria Season 3. UN1TY Limited and Livespot360, producers of the global talents reality series, explained how to vote on the voice Nigeria season 3, sponsored by FirstBank, Baba Ijebu and Airtel. To keep their favourite vocalists on the show, viewers have to dial *894*7*talent’s code#. To know the voting code of your preferred contestant to save, visit the Bank’s official Instagram handle and get voting: https://www.instagram.com/p/CRPIjiBL4CF/?utm_medium=copy_link The International talents…

Hannah Ojo Drags Society Woman, Montai Other Nollywood Notables For Marital Dilemma

One of Lagos’ high society ladies, the multimillionaire businesswoman behind famous Montai brand, Hajia Tai Elemosho-Okesanjo is the newest actress in town. The woman of substance will be making a dramatic appearance in actress Hannah Ojo’s first-ever feature length movie titled Marital Dilemma. The educative and highly informative movie which is directed by one of Nollywood’s best, Kingsley Omoefe stars notable actors such as Matilda Lambert, Gbemisola Scarlet Shotade, Moc Madu, Efe Henry, Age Anthony, MaryGold Adams, Frederick Imoni Jav, Onome Ababe, Otwetwe 1 of Urhobo Kingdom, Sheriff Ajalaruru, Andrew…

NewsThumb Magazine 10th Anniversary, Awards Gather Momentum

Just like yesterday, 10 years have passed since Newsthumb magazine rolled out and hit the newsstands. Toward this, the management said in a statement ” we thank God that despite the biting economic hardship and the unfriendly climate in the print media, we have been able to keep our head above waters and still be in the volatile business of print production, against all odds”Newsthumb is a reputable and widely-read weekly lifestyle magazine. Over the years, the magazine has featured notable celebrities, prominent personalities in politics, economy and in other…

ANNIE DRAGS HUSBAND 2FACE IDIBIA ON INSTAGRAM OVER INFIDELITY

Nigerian music icon 2Face Idibia’s wife, Annie nee Macaulay has called him out over his alleged continous relationship with one of his baby mamas, Pero Adeniyi. The movie star took to her Instagram Stories on Thursday, September 2, 2021, where she called him out over their relationship. “I am a patient woman. I am not a fool innocent. Your family never loved me from the beggining. No matter how hard I tried. I was never worthy to them,” she wrote. “I have made so many sacrifices for you and all…

Rogue Banker Francis Atuche’s Multi-Billion Naira Forfeitures In London, Nigeria Exposed, Keeps 19-Billion In 24 Banks

A Lagos State High Court in Ikeja has frozen assets and funds to the tune of N19,178,253050 billion allegedly kept in 24 banks by a convicted former Managing Director of the defunct Bank PHB, Francis Atuche. The banks include Access Bank Plc, Citi Bank Ltd, Ecobank Nigeria Ltd, Fidelity Bank Nigeria Plc, First Bank Of Nigeria Plc, First City Monument Bank and Globus Bank Ltd. They also include Guaranty Trust Bank Plc, Heritage Bank Ltd, Keystone Bank Ltd, Lotus Bank Ltd, Mainstreet Bank Plc, Polaris Bank Plc, Platinum Mortgage Bank…

Stanbic IBTC Bank Nigeria PMI: Softer inflows of new work prompt moderation in private sector activity growth during August

Business conditions in Nigeria’s private sector improved modestly midway through the third quarter, but the rate of growth slowed to a six-month low. Softer upticks in output, new orders and employment contrasted with quicker expansions in held inventories as firms seek to take advantage of faster lead times, and protect against any future supply shocks. However, a loss of momentum in demand resulted in a dip in optimism. Sentiment was the third-weakest in the series history.  Meanwhile, purchase prices continued to rise sharply, although the rate of inflation softened from…

FIRSTBANK SPONSORS DUKE OF SHOMOLU PRODUCTION; AS AWO AND AREMU HITS THE STAGE

First Bank of Nigeria Limited has announced its sponsorship of ‘A Deep Dive Into History’, a theatre production from the Duke of Shomolu (DOS) Production House, spearheaded by Joseph Edgar. A deep dive into history comprises two exciting stage plays – Aremu and Awo, showing from the 22nd of August and will run every Sunday till the 12th of September 2021 at the legendary Glover Memorial Hall, Marina, Lagos. Aremu is a powerful depiction of the life and times of Chief Olusegun Obasanjo GCFR. The play takes us through his…

Dangote’s $2bn Petrochemical Plant to Produce 77 Grades of Polypropylene

Dangote’s $2 billion Petrochemical Plant located in Ibeju-Lekki, Lagos State, is designed to produce 77 different high-performance grades of polypropylene in the country. With a turnover of $1.2 billion, the 900,000 metric tonnes per annum capacity Dangote Petrochemical plant, situated alongside the Dangote Refinery, has been strategically positioned to cater to the demands of the growing plastic processing downstream industries; not only in Africa, but also in other parts of the world. Giving an update on the petrochemical plant in Lagos, Group Executive Director, Strategy, Capital Projects & Portfolio Development,…

TIMIPRE SYLVA IN FRESH FRAUD SCANDAL AS INVESTIGATORS TRACE $2MILLION DEPOSIT IN ONE TRANSACTION TO HIS ACCOUNT

International investigations into the activities of Politically Exposed Persons (PEPs) in Nigeria and other flagged African countries have allegedly discovered a curious lodgement of $2,039,975 (Two million and thirty-nine thousand, nine hundred and seventy-five US dollars) into one of the accounts of Nigeria’s Minister of State for Petroleum, Timipre Marlin Sylva. Pointblanknews reports.  Investigators are suspecting the money to be slush fund. Working on the premise that Sylva does not own a thriving private business, the investigators are suspecting the money to be proceed of crime or an outright bribe…

COVID-19 Scare Rocks BAT

Right now, atmosphere at the British American Tobacco company in Ibadan is very tensed. This is due to a scary numbers of staff that have tested positive to covid-19 in recent days. News of the People reliably gathered. In the last two weeks, this magazine gathered that over twenty members of staff tested positive to corona virus and advised to follow necessary health protocol. A particular department was said to have recorded a shocking output where fifteen people tested positive out of seventeen that were tested. This development according to…