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GTCO PLC
Rising interest rates are generally good news for bank stocks because it helps them to expand their net interest margins
There are cogent reasons for buying the dip
As the build-up to 2023 elections intensifies, volatility in the economy is taking a toll on stocks.
Sell pressure witnessed on shares of the top two Nigerian banks has resulted in investors of both banks losing about N247.623 billion...
After 5 trading days of the week, all the 5 tier-1 Nigerian banks suffered negative market sentiments, with FBNH Plc leading the decliners.
The performance of these banks, which are the most capitalized banks on the NGX, resulted in a decline of 1.20% in the NGX Banking sector, day-on-day.
GTCO Plc has announced the receipt of final approval from the CBN for its wholly-owned payment subsidiary, HabariPay Limited.
The companies offer stability in the ever-changing world of work, as they are not only attracting employees but retaining them.
If judged strictly on bottom line, Guaranty Trust Holding Company should be doing a whole lot better than N174.8 billion in this age.
The market capitalization of the top five banks declined to N2.68 trillion to depreciate by 1.14% during the week.
Guaranty Trust Holding Company Plc (GTCO Plc), is set to continue its long-running showpiece event– The Food and Drink Festival.
FUGAZ banks make up over 70% of the NSE Banking sector index, hence, strongly influencing the growth or otherwise the index.