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GTBank Completes Transition to Core Banking Software Finacle

Guaranty Trust Bank (GTBank) has announced that it “successfully transitioned” to a new and advanced Finacle Core Banking Application System. The bank made this known via an email to its customers on Monday while informing them that all branches would be open until 6 pm. “We are pleased to inform …

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Customs Intercepts Containers of illicit Drugs Worth N1.1bn

THE Nigeria Customs Service (NCS), Apapa Area Command, has intercepted four 40-foot containers filled with illicit drugs valued at N1.18 billion. The operation, conducted by customs officers at two terminals, prevented the smuggling of 236,783 bottles of cough syrup containing codeine, a substance banned by the Federal Government. In a …

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BREAKING: Over 90 Dead, 50 Hospitalised In Jigawa Tanker Explosion

A petrol tanker accident in Majiya village of Taura local government area of Jigawa State, has seen over 90 people reportedly killed with more than 50 hospitalised. Newsextra24 gathered that the incident happened at around 12:30 am on Wednesday with the tanker said to have fallen, making villagers to scoop fuel before …

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‘Allow Our Investments To Thrive – MTN, Others Beg FG

MTN Nigeria and other multinational business leaders have urged the Federal Government to establish a fair, competitive environment that would allow businesses to maintain their investments within the nation. The business operators lament that the government has not allowed them to increase their prices in the last ten years, stating that …

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Naira Among Worst Performing Currencies – World Bank

The naira has been listed among the worst-performing currencies in Sub-Saharan Africa in 2024. This was according to the latest edition of Africa’s Pulse, a new report by the World Bank. As of the end of August 2024, the naira had depreciated by approximately 43 per cent year-to-date, making it …

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Shell To Remain in Nigeria Despite Divestments

Shell Petroleum Development Company (SPDC) has confirmed its continued presence in Nigeria, despite the planned divestment of its onshore assets. The company, known for its deep investments in the country, is spending $5 billion on a single deep offshore project, to show its commitment to the Nigerian oil and gas …

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Ukraine Denies Supplying Drones to Mali Rebels

UKRAINE has strongly denied allegations that it has been involved in supplying drones to rebels fighting in northern Mali, countering media reports that surfaced late on Monday. The French newspaper Le Monde had claimed that Tuareg rebels in the West African nation were using Ukrainian drones, with ‘discreet but decisive’ support from …

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