Selloffs has knocked out about 31% of market value of Guaranty Trust Holdings Company Plc (GTCO) to N1.097 trillion on Friday, according to data from the Nigerian Exchange (NGX). The company, however, experienced yet another wave of pessimism in the stock market, with a 6.75% decline over the previous seven trading sessions and a closing…
The Fashion Industry is in for another exciting experience as the GTCO Fashion Weekend returns for its 6th edition in November. The highly anticipated event is scheduled to hold on November 11th and 12th, 2023, at the GTCentre, Plot 1 Water Corporation Drive, Oniru, Lagos. The GTCO Fashion Weekend is an annual consumer-focused fair designed…
Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ended June 30, 2023, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦327.4billion, representing an increase of 217.1% over ₦103.2billion recorded in the…
Shareholders of Guaranty Trust Holding Company (GTCO) Plc, have endorsed the payment of a total dividend of N91.236 billion, representing N3.10 per share for the financial year ended December 31, 2022. This endorsement was made at the holding company’s second annual general meeting held on Thursday, virtually. The Group proposed a final dividend of…
Guaranty Trust Holding Company Plc (GTCO) has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2023, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦74.1billion, representing an increase of 36.5% over ₦54.3billion recorded in the corresponding period ended…
By Izuchukwu Ahuchaogu Nigerians Embrace Great Sense of Aroma at the GTCO Food And Drinks Festival 2023 as today marks the last day of event. TRUETELLS NIGERIA reports that over 5000 vendors from within and outside Nigeria Trooped out, Town Crier News Nigeria can report that the GTCO Food and Drinks Festival features…
Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the year ended December 31, 2022, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦214.2billion, representing 3.3% dip from ₦221.5billion posted in the corresponding year…
Guaranty Trust Bank (GTBank), also known as GTCO PLC, elicited worries on Thursday after it announced the suspension of international transactions on its naira Mastercard. Guaranty Trust Bank (GTBank), also known as GTCO PLC, elicited worries on Thursday after it announced the suspension of international transactions on its naira Mastercard. Truetells Nigeria reports that…
Guaranty Trust Holdings Company, GTCO, ranked at the worst performance, losing about 11% of its valuation in September, according to a trading report. On the other hand, Fidelity bank gained higher value in the same period. According to a trading report from CardinalStone Partner, a Nigerian leading investment banking firm, shares of GTCO lost 10.58%…
Fragmentation in the Nigerian payment space has served more as a constraint than an enabler; Squad by GTCO positions to lead with innovation and efficiency. Without a doubt, digital payment is the next growth frontier for financial services. Amongst other extenuating factors, growing digitalisation, mobile penetration, and evolving consumer behaviour have accelerated the shift…
