BusinessDay 31 Mar 2019

Page 1

Court order: GTB debunks claims of Innoson Motor’s bank takeover Iniobong Iwok

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he management of Guaranty Trust Bank (GTB) has said that the general public, particularly its customers, should disregard the purported enforcement of a judgment of

the Federal High Court, Ibadan, Oyo State, at one of its branches in Anambra State. In a statement issued Saturday, signed by Erhi Obebeduo, company secretary, a copy of which was made available to BDSUNDAY, GTB stated that

“The attention of Guaranty Trust Bank Plc has been drawn to statements circulating in the news and social media in respect of a purported enforcement of a judgment of the Federal High Court, Ibadan, Oyo State, at Continues on page 3

9th NASS leadership: Support Lawan, Gbajabiamila or quit APC

…Tinubu tells lawmakers

Iniobong Iwok With Agency Report

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ola Tinubu, national leader of the ruling All Progressives Congress (APC), has said that the party’s decision to choose Ahmed Lawan and Femi Gba-

jabiamila for the positions of the Senate President and Speaker of the House of Representatives, respectively must be respected and that any lawmaker who is against the party’s decision should Continues on page 3

BDSUNDAY BUSINESS DAY

www.businessday.ng Sunday 31 March 2019

Who becomes the next Senate President? p.12

www.facebook.com/businessdayng

@businessDayNG

Tier 2 banks rake in N228bn to account for 29% industry profits

@Businessdayng

Vol 1, No. 258 N300

?? Tax holiday: Appeal Court nullifies NLNG’s $55 million judgment against NIMASA

p.31

p. 45- 46

Market & Commodities Monitor Brent Oil

5yr Bond

$68.39

0.00 14.47%

Gold

10yr Bond

$ 1,297.60

0.22 14.36% 20yr Bond

Cocoa

0.02 14.18%

$2,280.00

inside Oba Akiolu owns the throne, court declares

p.7

High optimism as BDC operators look to brighter future on back of Travelex support

P. 18

BDLife Sunday 31 March 2019

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https://www.facebook.com/businessdayng

inside

LIFE&LIVING

ARTS Travel ENTERTAINMENT @Businessdayng

BDSUNDAY 21

GANVIE: Livelihood on Africa’s largest lake village

P. 21

Intrigues, fireworks, protests, shadow-boxing becloud collation in Rivers’ hanging guber election p. 43-44

R-L: Godwin Komone (aka Gordons), a popular comedian; Oluwakemi Akinyele of Globacom; Ejembi Simon Inass, grand finale winner, Gloin60Seconds contest, and Olufolahan Faseyitan, regional manager, Lagos Island and Ogun, Globacom, during the presentation of prizes to winners at Mike Adenuga Towers in Lagos.

Schools everywhere, but little learning

Competition, quest for quick wealth, parents’ pressure, governance failure, lack of supervision, students’ lousy attitude to learning, high cost/registration procedures killing education

Zebulon Agomuo, Chuka Uroko, Obinna Emelike, Ikechukwu Onyekwere, Kelechi Ewuzie and Amaka Anagor-Ewuzie

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t the wake of the Chibok girls’ abduction, the public outcry was for the safety of the students. Sadly, the public barely took note that the

abducted students who were about taking the Senior School Certificate Examination could hardly speak English. An Al-Jazeera reporter, who rode in the same bus with them (those who escaped) from Abuja where they were received by the Presidency then and back

to Chibok, was so disappointed that none of the girls could speak sufficient English to narrate their days in captivity. In the same vein, Anthony Anwuka, a professor and minister of state for education, who was disappointed with the decline in the quality of education,

especially among university graduates, recently proposed an additional year of post-graduation internship for doctors and lawyers to improve quality. While many argued that such recommendation amounted to additional burden on parents Continues on page 2


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