Three major Nigerian banks—GTCO, Access Holdings, and Fidelity Bank—are set to allocate a total of N186 billion ($244 million) from their recent public offerings to bolster their IT infrastructure.
In what could be best described as the restoration of national pride, the Bankers Committee are on the verge of completing the renovation and upgrading of facilities at the National Theatre, Iganmu, Lagos.
GTCO PLC today announced the opening of its Offer for Subscription of 9,000,000,000 Ordinary Shares of 50 kobo each at N44.50 per Ordinary Share
This time, Ugodre sits with financial expert Muktar Mohammed to shed light on some pressing topics in the...
Guaranty Trust Holding Company Plc (GTCO) has said that its proposed N400.5 billion capital raise via public offer is intended to enhance its capital base and expand its international footprint.
After an impressive financial performance in 2023, banks have continued to record impressive figures in the first quarter of the year.
The NGX Pension Index is designed to measure the performance of the top 40 companies on the Nigerian Exchange (NGX) in terms of market capitalization and liquidity.
GT Bank’s retail customers’ deposits hit N3.85 trillion in 2023, representing 54.4% of the bank’s total customer deposits within the year.
Shareholders of Guaranty Trust Holding Company (GTCO) Plc on Thursday at the third Annual General Meeting approved the company’s plan to establish a capital raising programme of $750 million
The shareholders endorsed the management’s N94.179 billion dividend payouts for the year ended December 31, 2023.
As of December 2023, Nigeria's largest banks had a total net asset value of N9.7 trillion but only a combined market capitalization of N4.2 trillion ($ billion), translating to a price-to-book ratio of 0.43, or 43%.
Directors declared and paid an interim dividend of 50 Kobo per ordinary share on the share capital of 29,431,179,224 Ordinary Shares of 50 Kobo each, for the half-year period ended June 30, 2023.
