Guaranty Trust Holding Company Plc (“GTCO” or “the Group”) has announced dates for the 2024 GTCO Autism Program and follow-up consultations. This year’s program is themed “A Spectrum of Possibilities” to promote inclusivity, self-advocacy, and empowerment for persons on the Autism Spectrum. The theme A Spectrum of Possibilities aligns with GTCO’s commitment to diversity, equity, […]
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The Nigerian Deposit Insurance Corporation (NDIC) has revealed that it is already in the process of paying Heritage Bank depositors. The managing director of NDIC, Bello Hassan, made the disclosure and gave the assurance during a press briefing in Abuja on Wednesday. Recall that on June 3, the Central Bank of Nigeria (CBN) revoked the banking licence […]
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Africa’s Global bank, United Bank for Africa (UBA) Plc, joined the rest of the world on Friday, May 24, 2024, to mark this year’s edition of the Africa Day. The celebration which went on concurrently across all of its subsidiaries in Africa as well as in the United Kingdom, France, United States of America and […]
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The Nigerian naira depreciated to N1,520 per dollar at the parallel section of the foreign exchange (FX) market on Monday. This is a 3.4 percent decline from the N1,470/$ traded on May 10. The bureau de change (BDC) operators, popularly known as street traders, put the buying price of the dollar at N1,490 and the selling price […]
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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, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦609.3billion, representing an increase of 184.5% over ₦214.2billion recorded in the corresponding year […]
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The Central Bank of Nigeria (CBN) has announced the appointment of new chief executive officers and Executive Directors for Union, Keystone and Polaris banks following the dissolution of the board of the financial firms. In a statement on Wednesday, signed by Sidi-Ali Hakama, CBN’s acting director of corporate communication, the newly appointed executives for Union […]
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Africa’s Global Bank, United Bank for Africa (UBA) Plc, on Monday joined the elite group of companies with market capitalisation of over N1tn just as its share price value hitsN29.90 per share. At the close of trading on Monday, the Bank’s market capitalization hit N1,022,562,698,843, making it the 3rd most capitalized financial institution in Nigeria, a […]
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Transcorp Hotels PLC, the hospitality subsidiary of Transcorp Group has announced its financial performance for the third quarter of 2023, showing a strong year-on-year growth on all indices. The leading hospitality brand sustained strong growth, recording 31.76% growth in revenue to N29.9bn from N22.7bn the previous year, and significantly higher than pre-covid performance. Profit also grew by 62% to N5.5bn from from N3.4bn. […]
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Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Unaudited Consolidated and Separate Financial Statements for the period ended September 30, 2023, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦433.2billion, representing an increase of 155.2% over ₦169.7billion recorded in the corresponding […]
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