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H1 2024: 62% of GTCO Holding’s N1trn profit is unrealised

In the first half (H1) of 2024, GTCO Holdings’ unrealised gains hit about N619.3 billion, representing 62 percent of the group’s N1 trillion pre-tax profit posted. According to BusinessDay’s analysis of the holding company’s audited financial statements for the period ending June 30, 2024, the group recorded other income of N630.3 billion during the period.

18% fall in visa applications by foreign students threatens UK universities

A slump in visa applications from overseas students is threatening to hit the finances of some universities in London and other parts of Britain, leading economists are warning. The Institute for Fiscal Studies highlighted Home Office figures showing 17.1 per cent (25,200) fewer applications for visas to study in the UK in August than in

ECB’s Vasle: We are not committed to any predetermined rate path

European Central Bank (ECB) Governing Council member Bostjan Vasle said on Friday that “we are not committed to any predetermined rate path.” “Inflation to be largely steered by core and services,” he added. Market reaction EUR/USD was last seen trading at 1.1077, unmmoved by these above comments. The pair is up 0.03% on the day. Euro PRICE

Kolkata doctor rape case: CBI collects Sanjay Roy’s dental impression, Junior doctors protest at Swasthya Bhawan

RG Kar Medical College & Hospital rape-murder incident: Junior doctors continued to protest for the third consecutive night at Swasthya Bhawan, Salt Lake area, in West Bengal’s Kolkata. Meanwhile, West Bengal Chief Minister Mamata Banerjee said she is “ready to resign” from the post. A 31-year-old trainee doctor was allegedly raped and murdered. Her body

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