GTCO

Anger Trails Banks’ Super Profits In The Midst Of Poverty, Spurious Bank Charges

Coming across to Nigerians as oases of plenty in a desert of need, Nigerian banks have come under heavy criticism for declaring super profits despite rising inflation and widespread poverty. The outcry

Emmanuel Ochayi

6 months ago

Business·Latest News

Zenith Bank, Access, UBA, FBNH, GTCO, 5 Others’ Assets Rise To N140.3trn In Q1 2024

Major Banks Report Significant Growth As Nigeria targets a $1 trillion economy within the next five years, the country’s banking sector is showing substantial progress. Ten prominent Nigerian banks have reported combined

Emmanuel Ochayi

6 months ago

Banks’ Recapitalisation Drives 44% Surge In Nigerian Equities Market

Business·Latest News·Markets

Equity Market Sees Slight Uptick as GTCO, Oando, Others Gain

Nigeria’s equity market ended Thursday’s trading session on a positive note, with a marginal increase of 0.03% or N22 billion. This slight gain was driven by investor interest in banking, insurance, and

Emmanuel Ochayi

8 months ago

Business·Latest News

GTCO Records 217% Growth In N327.4 Billion H1 Profit Before Tax

Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ended June 30, 2023, to the Nigerian Exchange Group (NGX) and

Kamsiyochukwu Mbamalu

1 year ago

Wema Bank, BUA Cement, Others Cost Stock Market Investors N672bn

Business·Markets

Stock Market In Nigeria Rises By N1.21 trillion In Value, GTCO, Zenith Bank Among Gainers

Nigerian bourse’s market capitalisation went up from Friday’s N30.45 trillion to N31.67 trillion on Tuesday, indicating N1.21 trillion or 3.99% growth in the stock exchange valuation. It followed the same path as

Fakoyejo Olalekan

2 years ago

GTCO, First Bank Fail To Make Top Five Performing Nigerian Bank Stocks In H1

Business·Insights

Why FCMB, GTBank, Access, Stanbic IBTC CEOs Seek HoldCo Structure, To Stay More

The Nigerian banking industry is in the season of transition from a core banking operation to a Holding Company (HoldCo) structure. Out of 15 commercial banks operating in Nigeria, at least seven

Fakoyejo Olalekan

2 years ago

Business·Insights

Bank Investors Earn N248.68 billion Amid Naira Scarcity Caused By CBN’s Policy

The Nigerian banking sector exited the Naira scarcity period unblemished judging by the value of equity investment netted by their shareholders in the first quarter (Q1) of 2023. Prime Business Africa’s analysis

Fakoyejo Olalekan

2 years ago

Business

GTBank’s Parent Firm Risks Regulatory Sanction Over Financial Statement

Guaranty Trust Holding Company (GTCO) risks facing regulatory sanction over its Audited Financial Statements (AFS) for the year ended 31 December 2022. GTCO, the parent company established out of Guaranty Trust Bank

Fakoyejo Olalekan

2 years ago

Business·Markets

Stock Market Investors Gain N88.04 billion, As Equity Cap Rises By 0.29%

Nigerian bourse appreciated by 0.29 per cent or N88.04 billion on Thursday, 2 March 2023, as the market capitalisation closed with N30.32 trillion, above the N30.23 trillion recorded a day before. Stock market data

Fakoyejo Olalekan

2 years ago

Nigerian Banks Rely More On Liquidity, As Borrowing From CBN Rises To N19.8trn

Business·Insights

Top 10 Nigerian Banks With Highest Customer Deposits

Over the years, banks have become a safer option for Nigerians to safeguard their funds from robbery or natural disasters like flood that could displace a whole community or fire that could

Fakoyejo Olalekan

2 years ago

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Anger Trails Banks’ Super Profits In The Midst Of Poverty, Spurious Bank Charges

Zenith Bank, Access, UBA, FBNH, GTCO, 5 Others’ Assets Rise To N140.3trn In Q1 2024

Equity Market Sees Slight Uptick as GTCO, Oando, Others Gain

GTCO Records 217% Growth In N327.4 Billion H1 Profit Before Tax

Stock Market In Nigeria Rises By N1.21 trillion In Value, GTCO, Zenith Bank Among Gainers

Why FCMB, GTBank, Access, Stanbic IBTC CEOs Seek HoldCo Structure, To Stay More

Bank Investors Earn N248.68 billion Amid Naira Scarcity Caused By CBN’s Policy

GTBank’s Parent Firm Risks Regulatory Sanction Over Financial Statement

Stock Market Investors Gain N88.04 billion, As Equity Cap Rises By 0.29%

Top 10 Nigerian Banks With Highest Customer Deposits

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