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SEVEN NIGERIAN BANKS RECORD N132.45 BILLION IN E-BUSINESS REVENUE FOR H1 2024
Detailed Breakdown:
Seven prominent Nigerian banks collectively generated N132.45 billion from their e-business operations in the first half of 2024, showcasing a significant surge in digital banking adoption across...
GTCO PLANS N400BN CAPITAL RAISE
Guaranty Trust Bank Plc (GTCO) announced plans to raise N400.5 billion by issuing 9 billion shares at N44.5 per share. This move aims to support the bank's expansion and innovation strategies.
The announcement was made by GTCO's Managing Director, Segun...
NIGERIAN BIG BANKS MARKET VALUE RISES TO N4.6 TRILLION OR $3.15 BILLION
The market value of Nigeria's top banks listed on the Nigerian Exchange (NGX) surged to approximately N4.6 trillion ($3.15 billion) last week, reversing a previous dip. This increase was driven by investor re-entry and...
GTCO's NOTICE OF PROPOSED OFFERING
1. Notice of Proposed Offering:
- Guaranty Trust Holding Company Plc (GTCOPLC) issued a notice under Rule 283 of the Securities & Exchange Commission (SEC) regulations.
2. Preliminary Prospectus:
- GTCOPLC has filed a preliminary "red herring"...
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