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GTCO, Zenith Bank, PZ, Transcorp top lists of stocks to watch this week

For the second consecutive week, investors in the Nigerian equities market endured bearish sentiments as the listed equities lost in four of the five...
Business

Geregu, Bua Foods, Gtco, Nahco, others top list of stocks to watch this week

Investors in the Nigerian equities market endured another topsy-turvy trading week last week characterized by three days of bears and two days of bull...
Business

Banks Cut Corporate Social Responsibility Spending Despite Making N2trn Revenue

Deposit Money Banks are beginning to cut their spending on Corporate Social Responsibility despite posting huge revenue and profits from their operations.About five banks...
Business

GTCO posts record performance, grows profit by 217%

Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) again posted record profit of 217 percent in the half year ended June 30, 2023.  Business...
Business

GTCO increases PBT by 217.1% to N327.4bn in H1 2023

Guaranty Trust Holding Company Plc (GTCO) has reported Profit Before Tax (PBT) of N327.4billion in the first half 2023, representing an increase of 217.1...
Business

GTCO Reduces Tenure Of Non-Executive Directors To Six Years

Guaranty Trust Holdings Company Plc has slashed the number of years a Non-Executive Director (NED) and Independent Non-Executive Director (INED) will serve on its...
Business

Shareholders of GTCO endorse N91.24bn total dividend payout for 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 N2.80 per...
Business

GTB’s Agbaje becomes Nigeria’s highest-paid bank CEO in 2022

Segun Agbaje, the Chief Executive Officer of Guaranty Trust Holding Company, has emerged as the highest-paid bank CEO in the country for 2022.Data obtained...
Business

ROUNDUP: Investments drop in stock market, as investors trade N22.71bn worth of shares

Investors traded 944.293 million shares worth N22.710 billion in 18,615 deals this past week on the floor of the Nigerian Stock Exchange. This was...
Business

NGX: Zenith Bank, UBA lead trading as investors gain N90bn in five hours

The equity capitalization in the Nigerian capital market rose to N29.61 trillion at the close of trading on Monday.This was 0.28 percent or N90...
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