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Guaranty Trust Holding Company Plc , GTCO, has recorded interest income of N1.622 trillion for the audited financial year ended December 31, 2025, up by 22.8% from N1.321 trillion recorded in the corresponding period 2024.
The post GTCO’s interest income up 23.2% to N1.62 trillion appeared first on Vanguard News.
By Progress Godfrey ABUJA-The Federal Government has moved Nigeria’s next-generation satellite programme into the execution phase, with NIGCOMSAT-2A and 2B scheduled for launch in 2028 and 2029 to boost connectivity, security and digital economy growth. Managing Director of NIGCOMSAT Limited, Mrs Jane Nkechi Egerton-Idehen, disclosed this at the opening of the 2026 Satellite Week in Abuja. […]
The post New satellite plan nears execution stage ahead of 2028, 2029 takeoff —FG appeared first on Vanguard News.
•Signals revolution in Nigeria’s trade value chain By Emeka Anaeto, Business Editor A major shift in Nigeria’s trade modernization journey may have started as global logistics giant DHL, alongside the Standard Organisation of Nigeria (SON) the Nigeria Agricultural Quarantine Service (NAQS) and National Environmental Standards and Regulations Enforcement Agency NESREA), successfully commenced the electronic submission and […]
The post DHL, SON, NAQS, NESREA launch cargo manifest, licenses & permits transmission on NSW appeared first on Vanguard News.
“The priority must shift from capital adequacy to economic impact. Nigeria needs banks that work for the economy”
The post Deadline Tomorrow: N4.6trn banks’ recapitalisation sparks sectoral battle for funds appeared first on Vanguard News.
By Yinka Kolawole Manufacturers under the aegis of the Manufacturers Association of Nigeria Export Group (MANEG) have raised concerns over what they described as a policy imbalance by the Central Bank of Nigeria (CBN), following its recent decision to allow International Oil Companies (IOCs) unfettered access to repatriate 100 per cent of their export proceeds. The […]
The post Exports proceeds repatriation: Manufacturers fault CBN’s exclusion of non-oil exporters appeared first on Vanguard News.
…Drops to $772.45m in 2025 •Sector’s investment share falls to 3.33% from 49.73% in 2023 By Yinka Kolawole Foreign investment in flows into Nigeria’s manufacturing sector have suffered a sharp decline over the past two years, underscoring weakening investor confidence in the country’s real sector despite a surge in overall capital importation. Data obtained from the […]
The post Foreign investment in manufacturing plunges 51.44% in two years appeared first on Vanguard News.
By Peter Egwuatu Profit taking by investors characterised the Nigeria stock market last week, leading to the decline in the major performance indicators. Specifically, the Nigerian Exchange Limited, NGX market capitalisation, which represents the value of equities listed on the Exchange, dropped to N128.969 trillion last week from N129.125 trillion the previous week. Similarly, another […]
The post Profit taking halts stock market uptrend as capitalisation, index decline appeared first on Vanguard News.