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Global Integrity Crusade Network Retracts Allegations Against Guaranty Trust Bank, Apologizes for Misleading Public

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A civil society organisation, Global Integrity Crusade Network (GICN), has retracted allegations of corruption and unwholesome activities made in a Private Investigation Report (PIR) against Guaranty Trust Bank (GTB) Limited, a subsidiary of Guaranty Trust Holding Company Plc.

In a statement made available to Blueprint in Abuja, Tuesday, signed by President of the organisation, Edward Omaga Esq., he stated that he presented the PIR to the media on 3rd October, 2024 and later submitted same to certain agencies in Nigeria, UK, USA and Ghana for further action.

He said the documents relied upon to compile the PIR, were obtained from the internet and were baseless and do not depict the true state of affairs about GTB Limited and its management.

“In other words, the position taken by Global Integrity Crusade Network in the PIR was misguided. It has become clear that Guaranty Trust Bank Limited, its Management and the entire GTCO brand are not under any financial or regulatory scrutiny in Nigeria or abroad as alleged.

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“The issues raised about Unsolicited Accounts Opening for customers were unnecessary, as the bank operates in line with the highest standards of compliance and due process, whilst preventing the breach of data privacy laws,” he said.

On the issue of profit declaration for the period ended June 30, 2024, Omaga stated that records abound to show that GTB Limited fully complied with the applicable legal requirements of the Central Bank of Nigeria (CBN), Financial Reporting Council of Nigeria (FRCN) as well as the Securities and Exchange Commission (SEC).

“It was therefore not appropriate for GICN to query the Audited Consolidated and Separate Financial Statements for the period ended June 30, 2024, released by GTCO Plc to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE).

“In the same vein, the corporate image and integrity of GTB Limited remains intact in foreign countries where it carries on business.

“The financial penalties paid in the United Kingdom by Guaranty Trust Bank (UK) Limited coupled with the suspension of its Foreign Exchange Trading Licence in Ghana were minor regulatory issues, which have been sorted out long time ago.

“The group wishes to sincerely apologize through this medium for misleading the public towards having any negative perception about GTB Limited.

“Specifically, GICN implores Mr. Segun Julius Agbaje, being the Group Chief Executive Officer of GTCO Plc, to forgive its shortcomings and consider the group as a partner in the sustained drive of the bank to provide quality financial services across Nigeria, Africa and the world at large.

“In keeping with its resolve to set the records straight, the group had on Thursday, 27th February 2025 written to withdraw the PIR and all court cases relating to this matter,” he added.

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Kwankwaso Officially Joins ADC

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By Yusuf Danjuma Yunusa

Former presidential candidate of the New Nigeria Peoples Party and ex-Governor of Kano State, Senator Rabiu Kwankwaso, has officially joined the African Democratic Congress.

The former Minister of Defence also registered with the party and received his membership card on Monday at Gidan Kwankwasiyya, Miller Road, Bompai, Kano.

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Present at the event include ADC National Chairman and former Senate President, David Mark; former Sokoto State Governor, Senator Aminu Tambuwal; former Minister of Transportation, Rotimi Amaechi; former Labour Party presidential candidate, Peter Obi; Senator Dino Melaye; and former National Chairman of the All Progressives Congress, John Odigie-Oyegun, among others.

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FMBN Chairman Nasiru Gawuna Resigns, Set to Defect to ADC Amid Kano Political Realignments

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The chairman of the Governing Board of the Federal Mortgage Bank of Nigeria, FMBN, Nasiru Gawuna, has resigned from his position.

Reports indicate that Mr Gawuna has perfected his defection deal with a former governor of Kano, Rabiu Kwankwaso, and is expected to defect to ADC on Tuesday.

In a resignation letter dated March 27, 2026, the former APC governorship candidate said his decision takes immediate effect and aligns with the President’s instruction aimed at ensuring adherence to electoral laws ahead of forthcoming political activities.

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He expressed profound gratitude to President Bola Tinubu for the opportunity to serve, describing his tenure as a privilege to contribute to the growth and development of the Federal Mortgage Bank of Nigeria and the country at large.

 

“My resignation is in strict compliance with the President’s directive requiring all political appointees to step down in accordance with the provisions of the Electoral Act,” the letter read.

Mr Gawuna also stated that he is placing his future “in the hands of Allah (SWT),” while seeking divine guidance on his next course of action.

He further assured of his commitment to a smooth transition process, noting that he would hand over all responsibilities in accordance with established procedures and directives.

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Sallah Thanksgiving: NUJ President Commends Kano Correspondents’ Chapel For Fostering Love, Unity Among Journalists

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The National President of the Nigeria Union of Journalists (NUJ),
Comrade Alhassan Yahya, has commended the leadership of Kano Correspondents’ Chapel, NUJ, for providing platforms and occasions that foster love, unity and progress among journalists.

Comrade Yahya stated this at Kano Press Centre, on Sunday, during the 2026 Eid-El-Fitr Sallah Celebrations, Thanksgiving And Special Prayers Ceremony, organized by Kano Correspondents’ Chapel, NUJ, to appreciate God for the successful month long Ramadan fasting period and the Eid-El-Fitr Sallah celebrations.

The NUJ National President used the occasion to urge journalists to reflect on the true meaning of the occasion and promote unity, peace, and tolerance, among themselves, in the course of their profession.

Represented by former chairman of Kano NUJ and a member of NUJ National Board of Trustees, Comrade Abbas Ibrahim, the NUJ National President, who said he has been impressed over the activities of Kano NUJ Correspondents’ Chapel, within the last one year, under the leadership of Comrade Murtala Adewale, emphasized the importance of compassion, unity, and addressing national challenges, particularly food security and insecurity.

Comrade Alhassan Yahya urged other NUJ chapels to draw inspiration from Kano Correspondents’ Chapel’s unity and camaraderie, highlighting their event as a model for promoting peace and solidarity among journalists.

He encouraged other chapels to organize similar events, fostering a sense of community and cooperation, which is essential for the growth and development of the journalism profession.

In his remarks, chairman of the occasion, a Professor of Communication in Bayero University, Kano (BUK), Prof. Yakubu Mai Nasara Kurfi, described the event as not only inspiring, but heart-warming, while urging the Kano Correspondents’ Chapel leadership to sustain the tempo.

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Prof. Mai Nasara Kurfi congratulated the Kano Correspondents’ Chapel executive members for their foresight to organize the event, and promised to borrow a leaf from them as he planned to introduce such occasion in the Faculty of Communication, BUK.

The Professor of Communication also used the occasion to canvass for collaboration and synergy among the NUJ, working journalists and the Faculty of Communication, BUK, so as to ensure training and re-training of both working journalists and student journalists for enhancement of the journalism profession.

The chairman of NUJ in Kano state, Comrade Suleiman Abdullahi Dederi, who was represented by the Vice Chairman, Comrade Mustapha Gambo, noted that the event was not only a Thanksgiving for the successful Ramadan and celebration of the Eid El Fitr, but a symbol of unity and togetherness among members of Kano Correspondents’ Chapel, and the larger Kano NUJ family.

“This even is so special because some of the prominent scholars and practitioners in the media are here. I want to thank and commend the leadership of the Kano Correspondents’ Chapel for organizing this event,” he said.

In his speech, chairman of NUJ Kano Correspondents’ Chapel, Comrade Murtala Adewale, described the event as not just a celebration, but a moment to reflect on Allah’s countless mercies—granting us the strength, patience, and opportunity to observe the holy month.

According to him: “Ramadan has been a period of spiritual renewal, sacrifice, and discipline. It has reminded us of the importance of empathy, humility, and self-restraint. As journalists, these values resonate deeply with our professional responsibilities—to be fair, truthful, and guided by integrity in all that we do.

“This gathering also serves as an avenue to strengthen our unity as members of the Chapel. In the midst of our demanding schedules and the pressures of the profession, moments like this allow us to reconnect, share, and reinforce the bond that holds us together.”

He encouraged all imbibe the lessons of Ramadan, and continue to embody patience, kindness, and responsibility, “in our daily lives and in our reportage. Our society looks up to us, and we must remain committed to promoting peace, truth, and understanding.

“I sincerely appreciate all our invited guests and well-wishers who have joined us today. Your presence is a testament to the strong relationships we have built over time, and we do not take it for granted. As we share this special breakfast, let us also remember those who are less privileged and continue to extend a helping hand, as taught during the holy month.”

The event was designed as a special Thanksgiving feast to appreciate Almighty Allah for His mercies and offer prayers for peace and progress, after a 30-day spiritual rejuvenation in the fasting month of Ramadan.

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