Guaranty Trust Bank (GTBank) has confirmed an attempted hacking incident on its website, addressing recent media reports that claimed hackers had seized and cloned the bank's website, intercepting customer data.
Access Holdings, Nigeria’s largest financial services company, is enlisting the services of social media influencers to promote its substantial N350 billion rights issue.
GTCO Holdings, the parent group of GT Bank has announced plans to commence a N400.5 billion public offering.
Nigerian Breweries Plc (NB) was the best-performing stock in the NGX today, gaining 10%, marking a N29.9 billion equity gain. The stock closed at N31.90 from an opening price of N29.00.
A Federal High Court sitting in Lagos has ordered Guaranty Trust Bank (GTB) to temporarily seize the assets of Afex Commodities Exchange over a N17.808 billion outstanding debt associated with the much-talked-about Anchor Borrowers Programme of the Central Bank of Nigeria (CBN).
Nigerian tier-1 banks raked in N392 billion from electronic business in 2023 as more Nigerians embrace cashless transactions.
GT Fund Managers (GTFM), the investment management business of GTCO Holdings, reported its total Assets Under Management (AUM) as N330.5 billion in 2023.
Recall that on March 28, 2024, the CBN revised the minimum capital requirements for banks. And since then, the market capitalization of banking stocks in the NGX has declined by 26.7%. Between March 28 and April 18, the cumulative market cap of banking stocks in the NGX declined from N8.08 trillion to N6.34 trillion.
Moniepoint Group has denied claims by the CEO of Educare, Alex Onyia that its system was layered on the infrastructure of GTBank.
On the back of ever-rising interest rates in Nigeria, banks have risen to the occasion to become some of the most profitable entities in Nigeria in 2023.
Guaranty Trust Holding Company has become the latest company to join the exclusive group of stocks worth over one trillion (SWOOTs).
Nigerian banks recorded N96.483 billion in e-business revenue in Q1 2023, a 23.84% increase from the previous quarter.
