Guaranty Trust Holding Company Plc has announced the successful completion of the first tranche of its equity capital raise programme, following the completion of the capital verification exercise conducted by the Central Bank of Nigeria (CBN) and the approval of the Basis of Allotment of the Offer by the Securities and Exchange Commission (SEC). The Offer, which garnered substantial interest from domestic retail investors, raised a total of ₦209.41 billion from 130,617 valid applications for 4,705,800,290 Ordinary Shares, fully allotted. This milestone concludes the first phase of GTCO’s phased equity capital raise programme, which is structured on a balanced allocation…
Author: Abimbola Ogunaike
German football club SSV Reutlingen have announced the tragic death of their 22-year-old player Luca Meixner. The midfielder, who broke into his boyhood club’s first team in 2021 was reportedly found dead in his bed over the Christmas period. The club mourned his passing in a statement on Instagram on Monday and said they were ‘deeply saddened and stunned’ by his untimely death. “Last weekend we received the terrible news that our player Luca Meixner died unexpectedly on Friday, December 27th at the age of 22,” the statement began. “The entire SSV family is deeply saddened and stunned. His teammates,…
The Secretary to the Sokoto State Government, Alhaji Muhammadu Bello Sifawa, has lost his daughter and three grandchildren to a fire outbreak. The tragic incident took place early Monday, 6 January, 2025 at the home of the SSG’s daughter.The deceased was the wife of the Permanent Secretary of the state Ministry of Sports and Youths Development, Alhaji Muhammadu Yusuf Bello. The fire, which started in the wee hours of the night, engulfed the entire house while the family was sleeping. Unfortunately, only the husband, Alhaji Muhammadu Yusuf Bello, survived the inferno. As at the time of filing this report, the…
The National Chairman of the All Progressives Congress (APC), Abdullahi Umar Ganduje, has stated that the government of New Nigerian Peoples Party under Kano State Governor Abba Kabir Yusuf has failed the people of the state He also said that APC will take over the state at the next election Ganduje spoke during a dinner organized by the 8th and 9th APC Kano State House of Assembly Forum to honor prominent party figures. Represented by the Kano APC Chairman, Abdullahi Abbas, Ganduje at the event said, “God has already shown His support for us. The current administration has failed Kano, and…
The National Chairman of the All Progressives Congress (APC), Abdullahi Umar Ganduje, has criticized the performance of the New Nigeria Peoples Party (NNPP) in Kano, asserting that many supporters of Senator Rabiu Musa Kwankwaso, the NNPP’s presidential candidate, are disillusioned. Ganduje also said Kwankwaso popularity has plummeted and he is no longer popular and relevant in the state politics. Ganduje made this statement during a dinner organized by the 8th and 9th APC Kano State House of Assembly Forum to honor prominent party figures. Represented by the Kano APC Chairman, Abdullahi Abbas, Ganduje accused Kwankwaso of exaggerating his popularity in…
The Rivers State Police Command in Rivers has revealed the cause explosion that injured 18 persons in Oroazi community in Port Harcourt, the state capital. The incident occurred in the evening of Sunday, 5 January, 2025 at a gas refilling shop, causing significant damage to nearby buildings. The latest explosion follows a series of gas and Improvised Explosive Device (IED) incidents recorded in the state since 2024. The Rivers State Police Public relations Officer, SP Grace Iringe-Koko, the command’s spokesperson, confirmed the incident during an interview with the News Agency of Nigeria (NAN) on Monday, 6 January, 2025. According to…
A Federal High Court in Abuja presided over over by Justice Emeka Nwite on Monday, 6 January, 2025 admitted Olamide Thomas, who allegedly threatened Seyi Tinubu and the Inspector-General (I-G) of Police, Kayode Egbetokun, with death on social media, to a N10 million with one surety in like sum. Justice Nwite, in a ruling on Thomas’ bail application, said there was no concrete evidence placed before the court by the prosecution that the defendant would jump bail. “I have carefully examined the affidavit evidence of both the defendant and the complainant,” he said. He also held that where the accused…
The troops of 1 Brigade, Sector 2 Joint Task Force North West, Operation Fansan Yamma have killed a notorious terrorist, Sani Russu in Zamfara, just as it also succeeded in various operations against terrorists in the state and recovered arms. The Coordinator, Joint Media Coordination Centre Operation Fansan Yamma, Lt. Col. Abubakar Abdullahi, made this disclosure in a statement issued on Monday, 5 January, 2025. “On January 4, the troops conducted a fighting patrol to Bamamu village in Tsafe Local Government Area of Zamfara and had an encounter with terrorists in the area. “Consequently, a notorious kingpin, Sani Rusu, was neutralised…
Edo State Governor, Monday Okpebholo, has called on the military for continued support and cooperation in fighting crime and criminalities in the state. Okpebholo made the call in his remark during the 2024 West African Social Activities (WASA) of 4 Brigade of the Nigerian Army in Benin, the state capital. Represented by his Chief of Staff, Gani Audu, the governor said 2024 ended successfully with unprecedented successes in the fight against crime, particularly during the Yuletide period. “The support and cooperation of the military has provided a secured environment for the peace loving people of Edo State to celebrate both…
Senator Ayo Arise has expressed his support for the tax reform bill introduced by President Bola Tinubu, saying the country cannot survive without any form of taxation. The former lawmaker who once represented Ekiti North Senatorial District stated this while addressing newsmen over the weekend. “The country under the current political dispensation has focused more on exportation of goods and services, adding that the tax reform bill will further strengthen its export capacity. “No nation can survive without one form of taxation or the other. Otherwise, there is no way the country can generate income. We have been talking about subsidy…