Three of Nigeria’s largest banks, Zenith Bank, Guaranty Trust Holding Company (GTCO), and United Bank for Africa (UBA),...
The FUGAZ banks; First Bank, UBA, Guaranty Trust Holding Company (GTCO), Access Bank, and Zenith Bank have continued to create wealth and add value to investors.
GTCO Plc released its third-quarter results, showing that pre-tax profits rose to N215.69 billion, compared to N105.8 billion recorded in the corresponding quarter of 2023.
Nigeria’s largest banks known as FUGAZ (FirstBank, UBA, GTCO, Access Bank, and Zenith Bank), have experienced impressive bottom-line profits in recent periods, aided by forex gains, trading income, and other non-operating revenue sources.
GTCO's response to fasle news being peddled against the institution.
This opinion article talks about the crisis surrounding GTBank following the declaration of a N1 Trillion profit.
FBN Holdings Plc (FBNH) has edged past Zenith Bank in financial services companies with the most market capitalization.
Guaranty Trust Bank Ltd (“GTBank,” or “the Bank”), flagship subsidiary of Guaranty Trust Holding Company Plc (GTCO), one of the largest financial services institutions in Africa, has been named Best Bank in Corporate Social Responsibility in Nigeria at the prestigious Euromoney Awards for Excellence 2024.
Guaranty Trust Holding Company Plc (GTCO) achieved a significant milestone in the first half of 2024, reporting a record-breaking pre-tax profit of N1.004 trillion.
HabariPay, the fintech subsidiary of Guaranty Trust Holding Co Plc, recorded N1.7 billion profit after tax in half-year 2024.
First Bank, UBA, GTCO, Access HoldCo, and Zenith Bank, collectively known as FUGAZ, continue to garner favourable attention from analysts.
Nigeria's leading commercial banks recorded significant FX revaluation gains, estimated at a combined total of N3.37 trillion in 2023 and Q1 2024, primarily due to the devaluation of the Naira last year.
