Banking: UBA Named Nigeria’s Strongest Brand, Access Bank Most Valuable in 2025
United Bank of Africa (UBA) PLC., has emerged as the strongest Nigerian brand, while Access Bank retained its position as ...
Tag: GTCO
GTCO Reports N318.4bn Net Interest Income in Q1 2025
Guaranty Trust Holding Company (GTCO) has announced its financial results for the first quarter of 2025, showcasing a profitable start ...
GTBank Hikes SMS Alert Prices by 50% Effective May 1
We’ve seen this pattern before, telecoms raise charges, banks react, customers grumble. But this time, there’s more going on than ...
Dangote Cement, FBNHoldings, others Lift Equity Market by N53bn
The equity market rebounded on Thursday from its previous session’s loss, gaining N53 billion. Investor interest in key stocks such ...
Recapitalisation: GTCO Raises N209bn Through Equity Capital
Guaranty Trust Holding Company (GTCO) has raised N209.41 billion at the first tranche of its equity capital raise programme in ...
From Innovation to Frustration: GTBank’s Core System Upgrade Failing the Customers?
A particularly telling social media comment sums it up: “From being Nigeria’s most tech-savvy bank to worse than microfinance institutions—GTBank ...
GTCO, Access, FCMB, Two other Banks Budget N222bn for Cybersecurity
Financial institutions that have started raising capital plan to allocate $1.20bn from the proceeds to invest in cyber defense infrastructure. ...
GTBank Breaks Silence, Clarifies on Attempt to Hack Website
Guaranty Trust Holding Company PLC (GTCO) or GTBank, a leading Nigerian financial institution, has provided clarity regarding reports that hackers have ...
Nigerians Deposited N21trn in Banks in 3 Months
Nigerian banks increased their deposits by N21 trillion in the first quarter of 2023, according to Nigerian Exchange (NGX) report. ...
GTCO Begins Recapitalisation Process
Guaranty Trust Holding Company Plc (GTCO PLC) has filed a preliminary “red herring” prospectus (Red Herring Prospectus) with the Securities ...
GTCO Profit-Before-Tax Surges to 587.5% in Q1 2024
The Guaranty Trust Holding Company Plc (GTCO), has recorded a 587.5% increase in its profit-before-tax as disclosed in the unaudited ...
FBNH, UBA, GTCO, Access Bank, Drop Out of Trillion Market Cap Club
Nigerian banks experienced a challenging April, as all major banking stocks posted losses month-to-date. This downturn coincided with the first ...
Six Banks in Nigeria Increase IT Expenses by 44.66%
Six commercial banks in Nigeria increased their spending on information and technology (IT) by 44.66 percent to N205.34 billion as ...
Bank Customers’ Complaints Rise by 63% in 2023
Nigerian Banks with Most Customer Complaints in 2023: Access Holdings, United Bank for Africa (UBA), Zenith Bank, Guaranty Trust Holding ...
GTCO Declares N609bn Pretax Profit
Guaranty Trust Holding Company Plc. has declared N609.3bn profit before tax for the 2023 financial year. According to its audited ...
