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GTCO
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.
This week on "Follow the Money with Ugodre," we observed significant shifts in Nigeria's financial landscape: The All-Share...
More than 20 banks in Nigeria will need to raise extra capital within two years to meet the central bank's new threshold.
Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the year ended December 31, 2023
Wema Bank emerged as the top profitable companies in Nigeria in 2023, largely propelled by a substantial increase in foreign exchange gains during that period.
The NGX All-Share Index recorded a modest decrease, shedding 43.92 points to settle at 104,518.14 points compared to the previous close of 104,562.06 points.
The NSE's NGX All-Share Index (ASI) saw an increase of 130.66 points, settling at 104,387.47 points compared to the previous close of 104,256.81 points.
GTCO is excited to announce dates for the 2024 GTCO Food and Drink Festival, set to take place from Friday, April 26th to Sunday, April 28th, at GTCentre, Plot 1 Water Corporation Drive, Oniru, Victoria Island, Lagos.
In today's NGX session, heightened market activity was observed with a total trading value reaching N17.1 billion. Sustaining its bullish momentum from the previous week, the All-Share Index experienced a 0.70% increase, gaining 713.99 points to conclude at 102,044.84 points.