Tag
GTCO
Guaranty Trust Holding Company Plc (GTCO) has officially completed the cancellation of its Global Depositary Receipts (GDRs) listing...
Guaranty Trust Holding Company (GTCO) is turning its gaze eastward and not toward Wall Street. Fresh off its...
Guaranty Trust Holding Company (GTCO) is targeting a minimum dividend yield of 15% and a return on equity (ROE) of at least 25%, according to Group CEO Segun Agbaje, following the bank’s landmark dual listing of its ordinary shares on the London Stock Exchange (LSE).
GTCO has just announced a $100 million Accelerated Bookbuild (ABB), a capital raise being managed by Citibank, and what appears to be a significant move in the evolution of the bank’s listing journey.
Despite a challenging macroeconomic environment, several of Nigeria’s leading corporations maintained strong employment numbers in 2024. The top...
The Nigerian equities market wrapped up the trading day ended 17th June 2025 in the red, as the All-Share Index shed 348.61 points to close at 114,910.16, marking a 0.3% decline from the previous close of 115,258.77.
Despite tough macroeconomic conditions, ten commercial banks listed on the Nigerian Exchange (NGX) recorded a total of N3.77 trillion in loan impairment charges spanning full-year 2023, full-year 2024, and the first quarter of 2025.
Employees in Commercial Banks in Nigeria earn much less than their counterparts in other African Countries.
The year 2024 was marked by improved profitability for most commercial banks in the country, marked by a steep increase in interest income on the back of high-interest rate environment, as well as gains from repriced FX assets.
The Nigerian All-Share Index closed the trading day ended 16th May 2025 in positive territory, gaining 242.71 points to reach a high above 109,710.3.
The Nigerian All-Share Index concluded the trading day ended 14th May in the green, gaining 296.73 points to steady above the 109,000 level.
In 2024, Nigeria's top banks reaped the benefits of a volatile but profitable macroeconomic environment, with nine listed banks- Access Holdings, FCMB, Fidelity, First Holdco, GTCO, Stanbic IBTC, UBA, Wema Bank and Zenith, posting a combined profit after tax (PAT) of N4.786 trillion.