Author: Citynews

Guaranty Trust Holding Company Plc (“GTCO Plc” or the “Group”) (NGX: GTCO) is pleased to announce 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…

It’s barely 17 days since Primate Elijah Ayodele released his 2025 prophecies and as we speak, more than 15 prophecies have been fulfilled, highlighting the credibility of these prophecies.On Friday, 20th of December, Primate Ayodele presented his 2025 prophecies in a 95-page booklet and they include different warnings for several countries and personalities across the world.In addition to those that have been reported to be fulfilled, more have been discovered to have come to pass.1 Canada Prime Minister resignation Canadian Prime Minister, Justin Trudeau, yesterday said he intended to step down as the country’s leader, leaving office once a new…

As Nigerians usher in the New Year with celebrations and festivities, Leadway Holdings, one of the nation’s foremost non-banking financial institutions, is calling for heightened public safety awareness. This advocacy is part of its continuous efforts aimed at empowering individuals to prioritise their well-being amidst different economic and social activities – especially this season when everyone returns to their homesteads after the holidays and settle into the new year. At a concluded webinar hosted by the organisation, key speakers, including Imeh Udofia, Chief Security Officer of Leadway Group; Aishat Bello Garuba, Head, Corporate Services, Leadway Holdings; and Chief Route Commander…

In a commendable display of community support, De Pride Land Circle of Life Foundation has provided cash gifts to market women in the Agege area of Lagos on January 7th, 2025. The initiative benefited over 20 market traders, empowering them to sustain and grow their small-scale businesses.Engr. Ekundayo Oduntan, The founder of the foundation, emphasized the organization’s commitment to uplifting the community. “This is our first outreach this year, and we plan to do much more in the coming months,” he said. The foundation aims to make a significant impact on the lives of small business owners, many of whom…

In a groundbreaking moment of celebration and reflection, Adron Homes unveiled its new company logo on Monday, January 6, 2025. The unveiling ceremony, held at the company’s head office in Lagos, was attended by top executives, stakeholders, staff, and media representatives. This milestone event marked a significant chapter in the company’s twelve-year journey of innovation, transformation, and growth.The newly redesigned logo preserves the timeless essence of Adron Homes while introducing a sleek, modern twist. Its bold and dynamic elements represent the company’s forward-thinking approach and readiness to embrace the future. The elegant globe encircled by interconnected homes reflects Adron Homes’…

The Lagos State House of Assembly on Monday approved a total sum of N3,366,815,224,144 as the total budget of the state for 2025.The approval followed the presentation of a report on the budget by the chairman of the joint committee on appropriation and finance, Hon. Sa’ad Olumoh, and the subsequent voice votes by lawmakers at a sitting presided over by the Speaker, Rt. Hon. Mudashiru Obasa.The approved budget is made of N1,295,630,197,452 as recurrent expenditure while N2,071,185,026,692 is earmarked as capital expenditure for the year ending December 31, 2025.Dr. Obasa, thereafter, directed the Clerk of the House, Barr. Olalekan Onafeko,…

The Federal Capital Territory (FCT) Minister, Nyesom Wike, has vowed that those arrested by the security agencies for alleged involvement in the removal of sewage manhole covers on highways in Abuja will be made to face the full wrath of the law so as to serve as deterrent to others.The Minister also assured that the government will ensure that all buyers and users of the vandalized manhole covers and other vandalized public infrastructures will be apprehended and prosecuted for economic sabotage and putting the lives of Nigerians at risk.Senior Special Assistant on Public Communications and New Media to the Minister,…

As part of its commitment to fostering inclusivity, Fidelity Bank Plc has inaugurated the Bundles of Joy programme, a groundbreaking initiative aimed at creating supportive spaces and activities for children with special needs while addressing the psychological and emotional well-being of their parents and caregivers. The first session of the programme was held over the weekend at a dedicated facility in Lekki, Lagos. Dr. Meksley Nwagboh, Divisional Head of Brand and Communications at Fidelity Bank, welcomed participants and emphasized the bank’s dedication to creating meaningful experiences for its customers and the communities it serves. Speaking at the event, Nwagboh stated,…

Under the visionary leadership of Oluwafemi Bewaji, Fembol Group has been at the forefront of driving impactful healthcare interventions in underserved rural communities.Through its flagship initiative, Health 4 Rural, the organization has created a lifeline for areas like Awo-Kajola settlement in Idanre Local Government Area, Ondo State, where basic healthcare services are scarce or entirely absent.The Health 4 Rural project is a pioneering healthcare development initiative aimed at bridging the gap between urban and rural healthcare access.Phase one of this project emphasizes health awareness and the dissemination of critical health information. The initiative has fostered a bond of trust between…

Ogun State Governor, Prince Dapo Abiodun, has expressed profound sorrow over the passing of notable businesswoman and socialite, Chief (Mrs) Adebisi Edionseri, describing her death a significant loss to both the state and Nigeria as a whole.Popularly called ‘Cash Madam,’ Chief Edionseri passed away on Sunday at the age of 89. Her legacy as a successful entrepreneur and social figure has left an indelible mark, resonating across generations since the 1970s.Governor Abiodun, in a statement on Monday, praised Edionser’s contributions to Ogun State, highlighting her as a beacon of inspiration and a role model for countless individuals. He noted that…