Guaranty Trust Bank
Stock market’s indices dip further by 0.5%
Equity transactions sustained sliding profile for the fifth consecutive trading sessions, occasioned by heavy profit taking, causing the All-Share Index (ASI) to plummet further by 0.5 per cent. Specifically, at the close of transactions yesterday, ASI shed 162.52 absolute points, representing a decline of 0.48 per cent to close at 33,449.17 points, while the market…
Investors stake N7b in three banks’ shares
Trading in the shares of United Bank for Africa (UBA), Guaranty Trust Bank (GTBank) and Stanbic IBTC Bank Plc, accounted for N7 billion deals...
Equity market depreciates 0.77% on banks’ stocks slump
Central Bank of Nigeria (CBN) huge fines on four deposit money banks over alleged illegal fund repatriation on behalf of MTN Nigeria weighed heavily on the local bourse yesterday, causing the All-share index to slide by 0.77 per cent. The Nigerian Stock Exchange-All Share Index (NSE-ASI) decreased by 272.27 absolute points, representing a 0.77 per…
Dangote Cement, GTB, others lead stock market’s N198b gain
Following price gains recorded by major highly capitalised stocks, especially Dangote Cement, and Guaranty Trust Bank (GTB), transactions on the equity sector of the Nigerian Stock Exchange (NSE), reopened in an upbeat after the two days holiday to mark the Eid-el Kabir celebration yesterday.
Banks and the menace of excess charges
There should be measured jubilation by customers of banks in the country on the new stance of the Central Bank of Nigeria (CBN) that banks imposing excess charges on their customers would be made to refund such with interest. CBN took the stand as a result of “repeated complaints from banks’ customers of excessive charges…
Stock market rebounds, indices up by N47 billion
Equity transactions on the trading floor of the Nigerian Stock Exchange rebounded from 12-day downtrend yesterday, as most blue-chip stocks appreciated in price, causing market capitalisation to increase by N47 billion.
GTBank gets Euromoney awards
Guaranty Trust Bank Plc was reaffirmed a global brand with recognitions as ‘Nigeria’s Best Bank and Africa’s Best Bank for SMEs’ at the 2017 Euromoney Awards, held in London at the weekend.
Nigerian banks, other corporate organisations bag African awards
Nigerian professionals in the field of banking and finance, alongside homegrown institutions retained their global recognition at the just concluded yearly African Banker Awards.