GTCO Archives — City Business News

April 3, 2024 No Responses

Transactions On NGX Decline By N25b

The value of transactions on the Nigerian Exchange (NGX) dropped by 13.81 per cent on Tuesday after two days of Easter break. Consequently, the market capitalisation shed N25 billion or 0.04 per cent to close at N59.095 trillion, as against...

March 22, 2024 No Responses

Stock Market Recovers N74b

Bullish sentiment returned to the equity market on Thursday, following investors’ interest stocks of BUA Cement, Zenith Bank and other top traders, making it the first gain of the week. Specifically, the market capitalisation, which opened at N58.947 trillio...

September 5, 2023 No Responses

NGX Sustains Growth, Index Surpasses 68,000 Mark With 33 Per Cent

The Nigerian Exchange Limited (NGX) has achieved a significant milestone as its All-Share Index (ASI) surged to an unprecedented level of 68,279.14, marking a 1.11% increase. This achievement surpasses the previous record of 66,371.20 points set on March 5, 20...

September 2, 2023 No Responses

GTCO Explains 2023 Half-Year Results

For the period ended June 30, 2023, Guaranty Trust Holding Company (GTCO) Plc has released its audited consolidated and separate financial statements to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). Within the period, the group r...

April 15, 2023 No Responses

GTCO Declares N214b PBT For 2022

Guaranty Trust Holding Company Plc (GTCO) on Friday announced a profit before tax (PBT) of N214.2 billion in its Audited Consolidated and Separate Financial Statements for the year ended, December 31, 2022. The decrease in profit before tax, according to...

October 27, 2022 No Responses

Q3:GTCO Declares N169.7b Profit

Guaranty Trust Holding Company Plc (GTCO) on Wednesday released its unaudited consolidated and separate financial statements for the period ended Sept. 30, to the Nigerian Exchange Ltd. (NGX) and London Stock Exchange (LSE). The Group reported profit bef...

September 16, 2022 No Responses

Selloffs Persist As Equity Market Drops N19b

Profit-taking continued on Thursday as the market capitalisation of the Nigerian Exchange Ltd. (NGX) lost N19 billion to close at N26.721 trillion as against N26.740 trillion the previous day. The All Share Index (ASI) also decreased by 35.45 points or.....

September 6, 2022 No Responses

GTCO Post N103.2b Pre-Tax Profit In H1

Guaranty Trust Holding Company Plc (GTCO) has posted a profit before tax of N103.2 billion for the period ending June 30. The bank stated this in its audited consolidated and separate financial statements to the Nigerian Exchange Group (NGX) and...

May 28, 2022 No Responses

GTCO Plc’s GTBank Bags Africa’s Best Brands Awards

Guaranty Trust Bank Ltd (GTBank), the banking subsidiary of Guaranty Trust Holding Company Plc (GTCO Plc), has emerged winner in four major categories at the 12th annual Brand Africa 100: Africa’s Best Brands 2022 rankings of the Top 100 Most...

April 28, 2022 No Responses

GTCO Declares N54.3b Profit Before Tax In Q1

Guaranty Trust Holding Company Plc, (GTCO) has released its unaudited financial results for the first quarter of 2022 to the Nigerian Exchange Ltd., (NGX) and London Stock Exchanges, declaring a profit before tax of N54.3 billion. The group, in a...

March 15, 2022 No Responses

GTCO 2022 Food And Drink Festival Begins April 30

Guaranty Trust Holding Company Plc (GTCO Plc), is set to continue its long-running showpiece event– The Food and Drink Festival. For the 5th Edition, this headlining event will hold from Saturday, April 30 to Monday, May 02, 2022, at the...

February 8, 2022 No Responses

GTCO Acquires Wealth Management Firm

Guaranty Trust Holding Company Plc (GTCO Plc) has acquired 100 per cent shares in Investment One Funds Management Limited, a wealth management company. GTCO in a notice signed by Erhi Obebeduo and sent to the Nigerian Exchange Limited on Monday,...