(MUSIC) AJE BILLZ - CINDERALLA FT LYTA
Another smashing hit song from Nigeria finest act AJE BILLZ featuring LYTA title CINDERELLA prod by MACTONES mixed and mastered by MILLY-X.
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Lives and Properties lost as Fire guts Ochanja Market, in Upper Iweka, Onitsha (photos & Videos)
According to reports, a petrol tanker fell and exploded right in the market, causing fire that razed through MCC to Upper Iweka road in Onitsha, Anambra state.
Gtbank Releases Q3 2019 Unaudited Results, Reports Profit After Tax Of ₦146.99BN
Guaranty Trust Bank Plc has reported a 3.2% YoY increase in Earning Per Share to N5.19 for 9M’19 in its latest filing with the Nigerian Stock Exchange (NSE). The growth in earnings can be attributed to stronger net fee and commission income (+22.9% YoY) as well as modest improvements in net interest income (1.3% YoY) and operating efficiency (the cost to income: -150 bps). Gross loans to customers grew by 7.8% from H1’19 level to N1.5 trillion in 9M’19. This implies a year-to-date loan growth of 6.8% compared to the 1.0% contraction observed in H1’19. It appears, however, that the size and structure of this loan growth were not enough to enable the bank meet the new LDR requirement of the Central Bank of Nigeria (CBN), given that GUARANTY was one of the banks impacted by CBN’s LDR-related penalty. By our estimate, GUARANTY had an LDR of 63.8% (bank only) as at September 2019. This supports our view that the apex bank may have applied the more stringent loan to funding ratio in its ...