Guaranty Trust Bank plc has released its unaudited financial results for the period ended March 31, 2020 to the Nigerian and London Stock Exchanges. A review of the results shows positive performance across all financial indices, reaffirming the Bank’s position as one of the most profitable and well managed financial institutions in Nigeria. Profit before…
Rarely has the world faced challenges such as today. Whatever comparison is drawn, COVID-19 and efforts to curb its spread are poised to inflict strain of historic proportions on the world’s economy and financial systems. Within just weeks, economic growth has ground to a halt and gone into reverse. The virus knows no borders, nor…
A Nigerian, Dr Benjamin Ola. Akande, has been appointed as the ninth President of Champlain College with effect from July 1, 2020. The appointment of Dr Akande was announced by the Champlain College Board of Trustees. He is to take over from Dr Laurie Quinn, Champlain’s Provost and Senior Vice President for Academics, who has…
The coronavirus lockdown has already left a huge impact on the sports industry, causing thousands of sports games, competitions and professional leagues to be cancelled or postponed. European football is no exception, with cancelled matches, empty stadiums and end-of-season battles left in limbo. Earlier this month, UEFA suspended Europe’s most prestigious competitions, the Champions League…
With the growing adoption of digital channels, and with more people practicing social distancing, due to the COVID-19 virus outbreak, Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holding PLC, has urged Nigerians to remain vigilant for online scams related to COVID-19. This rapid migration necessitates an understanding and constant review of safe banking…
Reactions have continued to trail the move by Governor Nyesom Wike of Rivers State to set up task force on borders which is aimed at checkmating the Covid-19 pandemic from spreading in the state. A chieftain and former spokesman of the All Progressives Congress (APC) in the state, Chris Finebone, said in a short statement…
The private sector-led Coalition Against COVID-19 (CACOVID) has ordered for 250,000 supplies for tests and another 150,000 extraction kits to fast-track molecular testing for the deadly coronavirus, noting that the reality of the situation at hand was such that efforts must be put together with no stone left unturned in dealing with the scourge. The…
Coronavirus pandemic has taken the world by storm. Since the outbreak in Wuhan China in December 2019, over two million cases have been recorded, with over 130,000 lives lost. Governments across the globe have enforced lockdown measures to flatten the curve of COVID-19. New normal has emerged: online shopping is now the safest channel for…
Heritage Bank Plc has disclosed that the safety and wellbeing of its customers and employees are amongst the most pressing business needs, as the world grapple with the impact of the Coronavirus pandemic on human lives, businesses and economies. In view of this development, the MD/CEO of Heritage Bank, Ifie Sekibo in his message to…
As part of its efforts to ease the hardship of the lockdown order by the Nigerian government in combating the coronavirus pandemic, Chinwe Bode-Akinwande – CBA Foundation, a Lagos-based non-governmental organisation, on Friday distributed relief food items and cash support to underprivileged widows and their vulnerable children in four communities in Lagos. The under-privileged widows…