All posts tagged "Guaranty trust bank"
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Market cap loses N97billion in 7 days
Trading activities on the floor of the Nigerian Stock Exchange, NSE, witnessed a bearish transaction last week, as all indicators recorded significant depreciation at the close of market on Friday. The market capitalisation of the listed equities...
- Posted September 16, 2013
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Investment watch: Zenith Bank emerges most active stock in August
Zenith Bank Plc has emerged the most active stock traded on the Lagos floor of the Nigerian Stock Exchange, NSE, for the month of August 2013. According to a report by Investment One Financial Services in its...
- Posted September 11, 2013
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Market capitalisation gains N94bn in September opening
The equities market of the Nigerian Stock Exchange (NSE) gained N94 billion or 0.82 per cent in the first week of September trading transactions. The market capitalisation appreciated from N11.497 trillion to close at N11.591 trillion, while...
- Posted September 9, 2013
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Dangote’s oil refinery loan has 7-year tenor – Banking sources
The $3.3 billion syndicated loan secured by Dangote Industries last week to build a 400,000-barrel per day oil refinery and petrochemical plant is said to have a seven-year pay back period. A banker who was part of...
- Posted September 9, 2013
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Four Nigerian banks raise N234b from international capital market
Four Nigerian banks have raised $1.45 billion (N234.102 billion) from the creation of sovereign benchmark in the International Capital Market (ICM), the Debt Management Office (DMO) said on Friday. The DMO Director-General, Dr Abraham Nwankwo, said this...
- Posted August 18, 2013
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Zenith leads 12 other Nigerian banks in world top 1000
Zenith Bank tops Nigerian banks in this year’s Top 1000 World Banks Ranking of The Banker Magazine of the Financial Times Group, London, United Kingdom. The 13 banks that made the ranking are Zenith Bank, First Bank,...
- Posted July 7, 2013
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Investors decry growing corporate donations to regulatory agencies
Shareholders have expressed displeasure over the increasing level of financial donations by corporate organisations to various government and regulatory agencies in the country, calling on the federal government and the National Assembly to put a stop to...
- Posted May 13, 2013
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GTB Unveils Facebook Banking Platform
Guaranty Trust Bank Plc (GTBank) Wednesday launched a social banking platform, which allows customers to meet their banking needs on Facebook. The new offering which is the first of its kind by any Nigerian bank allows members...
- Posted April 11, 2013
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AMCON seizes Babalakin’s property over N13.5bn debt
The Asset Management Corporation of Nigeria, AMCON, has taken possession of three property in Lagos and Rivers states, belonging to Chairman of Bi-courtney, Mr Wale Babalakin, over a N13.5 billion debt owed Guaranty Trust Bank, GTBank Plc....
- Posted February 11, 2013
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GTBank Changes The Game With Mobile Money, Introduces Cardless ATM Withdrawals
I’m not the biggest fan of Nigerian banks. For me they are a necessary evil, it gets old keeping money in your mattress and with the growing insecurity in the country; it’s not necessarily a good idea...
- Posted January 22, 2013