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Showing posts with the label Politics and News

FG DECLARES MONDAY NOVEMBER 11, 2019 PUBLIC HOLIDAY TO MARK EID UL-MAWLID CELEBRATION

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. The Federal Government has declared Monday November 11, 2019 as Public Holiday to mark the 2019 Eidul-Mawlid Celebration in commemoration of the birthday of the Holy Prophet Muhammad (Peace be upon him). Minister of Interior, Ogbeni Rauf Adesoji Aregbesola, who made the declaration on behalf of the Federal Government, congratulated the Muslim Faithful on the occasion and enjoined them to live within the virtues and teachings of the Holy Prophet Muhammad (pbuh), which are; love, courage and perseverance, adding that, doing so would guarantee peace and security in the country. Aregbesola expressed confidence that the challenges confronting Nigeria at the moment will soon be over; and therefore called on Nigerians to remain focused and determined. He assured that, with the immense potentials the country is endowed with; coupled with its human and natural resources, if tapped and properly utilized; Nigeria will sooner than later join the league of developed nations. "Wit...

GTBank Releases Q3 2019 Unaudited Results …Reports Profit Before Tax of ₦170.7 Billion

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Guaranty Trust Bank   plc   has released its   un audited financial results for the period ended September 3 0, 2019   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 tax stood at ₦1 70 . 7 billion, representing a growth of   3.9 % over ₦1 64 . 2 billion recorded in the corresponding period of September 201 8 . The Bank’s Loan Book   grew   by   9.2 % from ₦1. 262 trillion recorded as at December 201 8   to ₦1. 378 trillion in September 201 9 , while customers’ deposit   rose   by   5.1 % to ₦2. 390 trillion from ₦2. 274 trillion in December 201 8 .   The Bank’s balance sheet remained   resilient   with   Total assets   and Shareholders’ Funds   closing at ₦3. 519 trillion ...