GTCO – Page 2 of 3 – Prime Business Africa

NGX: Investors Gain N313bn As ASI Rebound By 0.70%

Stock Investors Gain N252.52 billion On Total, Berger, Other Shares

Friday’s trading session closed with the market valuation of the Nigerian Stock Exchange rising from N28.34 trillion to N28.60 trillion, after gaining N252.52 billion. The All Share Index also appreciated by 463.63 basis

Fakoyejo Olalekan

2 years ago

Business·Markets

PZ, Champion, Other Stock Investors Hit N45.35 billion In 1 Day

The market capitalisation rose to N26.86 trillion after the Nigerian Stock Exchange gained N45.35 billion on Friday, representing 0.16 per cent increment from Thursday’s N26.81 trillion equity cap. Note that the growth

Fakoyejo Olalekan

2 years ago

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business·Markets

Investors Trade N8.66bn Stocks, As Union Bank, GTCO, Others Gain

Over 694.376 million shares worth N8.667 billion were traded on the exchange floor of the Nigerian stock market in 15,418 deals in the week ending November 18, 2022. The figure falls below

Fakoyejo Olalekan

2 years ago

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

Business·FEATURES·Insights

GTCO, Zenith Bank, Seven Others Lose Revenue Market Share, As Industry Generates N3.14 trillion

Guaranty Trust Holding Company (GTCO), Zenith Bank and five other banks lost their revenue market share in the financial industry in the First Half (H1) of 2022, amid competition from Wema Bank

Fakoyejo Olalekan

2 years ago

Business·Insights

Best Performing Bank Stocks H1: Investors Sell Off GTCO, Zenith Bank Shares To Buy Wema, Others

Shareholders of United Bank for Africa (UBA), Guaranty Trust Holding Company (GTCO), Access Corporation and Zenith Bank suffered heavy losses in the Nigerian Stock Exchange during the First Half (H1) of 2022.

Fakoyejo Olalekan

2 years ago

Business

Sterling Bank’s New HoldCo Pits Company Against GTCO, Access Holdings

Sterling Bank has established its HoldCo, Sterling Financial Holdings Company Limited, to compete for market share against Guaranty Trust Holding Company, Access Holdings, and other industry rivals. In a statement released on

Fakoyejo Olalekan

2 years ago

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

Business·FEATURES·Insights

Best Performing Tier-1 Nigerian Banks: Zenith Bank Underperforms, UBA Tops List

At the end of the second quarter of 2022, United Bank for Africa (UBA) was the best performing financial institution amongst the tier-1 banks in Nigeria, with Zenith Bank ranking bottom of

Fakoyejo Olalekan

2 years ago

Business·Markets

Nigerian Bourse Halts Losses As Investors Gain N3.22 billion After Five Hours Of Trading

On Tuesday, the Nigerian stock market capitalisation gained N3.22 billion, rising to N26.67 trillion, from N26.66 trillion. This comes as the All-Share Index grew to 49,445.31 from 49,440.21 ASI, after gaining 5.1

Fakoyejo Olalekan

2 years ago

Business·Markets

Nigerian Stock Market Capitalisation Falls To N26.61 trillion

Nigerian market capitalisation closed at N26.61 trillion, after the bourse depreciated by -0.05 percent on Monday, losing N13.99 billion from the previous day’s N26.62 trillion. The crash was on the back of

Fakoyejo Olalekan

2 years ago

Business·Finance & Economy·Insights

GTBank, Access Bank Record 32,992 Fraud Cases In One Year, As Fraudsters Target Customers’ Accounts

A total of 32,992 fraud cases were perpetrated through the financial system of tier-1 Nigerian lenders, Guaranty Trust (GT) Bank and Access Bank in 2021, more than both firms recorded the previous

Fakoyejo Olalekan

2 years ago

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GTCO - Page 2

Stock Investors Gain N252.52 billion On Total, Berger, Other Shares

PZ, Champion, Other Stock Investors Hit N45.35 billion In 1 Day

Investors Trade N8.66bn Stocks, As Union Bank, GTCO, Others Gain

Best Performing Bank Stocks H1: Investors Sell Off GTCO, Zenith Bank Shares To Buy Wema, Others

Sterling Bank’s New HoldCo Pits Company Against GTCO, Access Holdings

Best Performing Tier-1 Nigerian Banks: Zenith Bank Underperforms, UBA Tops List

Nigerian Bourse Halts Losses As Investors Gain N3.22 billion After Five Hours Of Trading

Nigerian Stock Market Capitalisation Falls To N26.61 trillion

GTBank, Access Bank Record 32,992 Fraud Cases In One Year, As Fraudsters Target Customers’ Accounts

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