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Contrary to insinuations in some quarters, the Central Bank of Nigeria (CBN) new policy regime mandating banks to go after customers who default on the repayment of their loans by seizing their deposits in other accounts is backed by law.
Guaranty Trust Bank plc has released its audited financial results for the half year ended June 30, 2019 to the Nigerian and London Stock Exchanges.
Foremost African financial institution Guaranty Trust Bank plc has been named the Best Bank in Africa 2019 by Euromoney at its annual Awards for Excellence, which held in London on Wednesday, July 10, 2019 at the London Hilton Hotel, Park Lane.
It was jubilation galore at the Lagos State Secretariat on Monday as the State Governor, Mr Babajide Sanwo-Olu made good his promise to provide brand new staff buses for the state civil service.
A High Court of the Federal Capital Territory (FCT), Abuja has ordered the attachment of funds in accounts owned by the Imo State Government in the Central Bank of Nigeria (CBN) and 16 other banks in the country.
Guaranty Trust Bank (GTB) Plc has recorded a profit before tax (PBT) of N56.984 billion for the first quarter (Q1) March 31, 2019, showing an increase of 8.3 per cent, compared with the N52.624 billion recorded in the corresponding period of 2018.
Chams Plc led the price gainers with 10 per cent following investors sustained their high demand for the stock after it recovered from a loss in 2017 to profit last year.
The Nigerian Stock Exchange (NSE) All-Share Index hit a 52-week low yesterday, falling by 1.53 per cent to close at 29,162.24, while market capitalisation shed N170 billion to close at N10.953 trillion.
As part of its effort in addressing the neglect and stigmatization of children living with Autism face, daily, GTBank has created a short film “A MOTHER KNOWS” to raise awareness about Autism Spectrum Disorders (ASD) in Nigeria.
Banks only build branches, or so the story goes. Except for Guaranty Trust Bank Plc; the foremost African financial institution, which has been at the forefront of several innovative products and services, recently completed and opened the first digital playground for children in Nigeria.
The bearish run on the Nigerian Stock Exchange (NSE) continued on Tuesday as all share index (ASI) plunged by 1.02% to close at 31,313.36 points.
Some of the most renowned indigenous and international polo teams are set to convene in Lagos, Nigeria to compete for highly coveted trophies in the 2019 Lagos Int’l Polo Tournament. Sponsored by leading African Financial Institution, Guaranty Trust Bank plc.
One of the most exciting secondary school football tournaments in Africa, the GTBank Masters Cup, is set to return for its 8th season, following its opening draws, which was held on Thursday, January 17, 2019, in Victoria Island, Lagos. The tournament will feature over 30 schools and more than 40 teams who will compete for trophies in the male and female categories.
Trading at stock market was bearish yesterday as losses by 20 equities dragged the Nigerian Stock Exchange (NSE) All-Share Index by 0.21 per cent to close lower at 30, 609.06. Similarly, market capitalisation shed N26.5 billion to be at N11.18 trillion.
Ekiti Governor Kayode Fayemi lifts embargo placed on Ecobank, GTbank and Zenith Bank by Ayodele Fayose's administration which forbade MDAs as well as civil servants from transacting business with them
The equities market rebounded yesterday after opening the week on the bearish note on Monday due to bargain hunting in banking stocks.
Tottenham have re-signed goalkeeper Michel Vorm on a deal until the end of the season to cover for the injured Hugo Lloris.
South East Governors Forum have resolved to meet with President Muhammad Buhari on Thursday over the welfare of Ndigbo.
Ahead of the preparations toward the Tokyo 2020 Olympics, the Minister of Youths and Sports Development, Sunday Dare, on Monday assured athletes that he would ensure a minimum of five months camping.
Oyo State Government has imposed fees on the transfer of students from private to government owned schools, pointing out that the costs were meant to offset administration procedures.
The Nigerian Institution of Metallurgical Mining and Materials Engineers (NIMMME) has said with available reserves of Iron Ore and lead, asides other resources, the nation can generate $292 billion.
Former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank, has described the 2020 Appropriations presented by President Muhammadu Buhari, to the National Assembly, as a big scam.
Nigeria international Henry Onyekuru could be heading back to Turkish Super Lig side Galatasray in January after the champions showed interest in re-signing him on loan from French club, Monaco.
Much of California was on high alert Friday as fires tore through the state’s south, destroying dozens of buildings, officials said, with many neighbourhoods left without electricity.
Thomas Dennerby has resigned as head coach of Nigeria's women's team after a year and eight months in charge.
Tunisia's presidential candidate Nabil Karoui received a hero's welcome as he walked free from jail on Wednesday, just days ahead of a runoff against a political newcomer.