A GTBank branch in Nairobi, Kenya. PHOTO | FILE | NMG The International Finance Corporation (IFC) has announced it has extended a $15 million loan to Guaranty Trust Bank (Kenya) Ltd for lending to local businesses in the country, making it the third bank to secure such a facility in Kenya since the beginning of […]
Tag: XNSA_GUARANTY
CRR: CBN Debits Zenith Bank, Providus, FCMB, 11 Others N356.1bn
Kayode Tokede For the first time in 2022, the Central Bank of Nigeria (CBN) has wielded the big stick and debited Zenith Bank Plc, Providus Bank, First City Monument Bank (FCMB) Limited and 11 other banks N356.1billion for failing to meet its 27.5 per cent Cash Reserve Requirement (CRR) obligation. The fresh debit, which THISDAY […]
CRR: CBN Debits Zenith Bank, Providus, FCMB, 11 Others N356.1bn
Kayode Tokede For the first time in 2022, the Central Bank of Nigeria (CBN) has wielded the big stick and debited Zenith Bank Plc, Providus Bank, First City Monument Bank (FCMB) Limited and 11 other banks N356.1billion for failing to meet its 27.5 per cent Cash Reserve Requirement (CRR) obligation. The fresh debit, which THISDAY […]
Zenith, Gtbank Lead List of Nigeria’s Most Valuable Banks in January
The list of Nigerian most valuable bank for the first month of 2022 has been revealed with Guaranty Trust Bank and Zenith bank keeping their positions The value of the banks were calculated using how much was added to their total share price as at Friday, December 31, 2021 Nigerian banking sector stocks continue to […]
N784.3m Debt: Court orders unfreezing of Benue govt’s accounts
Benue State Governor, Samuel Ortom [PHOTO CREDIT: @GovSamuelOrtom] The Federal High Court in Abuja, on Tuesday, ordered the unfreezing of bank accounts belonging to the Benue State government. Inyang Ekwo, the judge, made the order removing restrictions on all accounts belonging to the state government except the one domiciled in Zenith bank. The order was […]
95 Days after Launch, eNaira Wallets’ Download Near 700,000
The Central Bank of Nigeria (CBN) digital currency, eNaira, has continued to attract the interest of Nigeria’s banking public at home and across the world, with its total downloads hitting 694,000 exactly 95 days after it was unveiled. A breakdown of the figures exclusively obtained by THISDAY yesterday showed that as of last Friday, total […]
Miriam Olusanya: GT Bank’s new captain
In May 2021, it was revealed that the Managing Director and Chief Executive Officer of Guaranty Trust Bank Plc, Segun Agbaje, would be stepping down as the bank’s CEO having served the bank meritoriously in this capacity for the maximum allotted period of ten years. In the light of the bank’s achievements under Mr Agaje’s […]
Stock Market Sheds N2bn On Investors’ Profit-taking
The Nigerian equities market yesterday shed N2 billion on investors’ profit taking in 15 stocks after the massive gaining streak recorded the previous day. The All-Share Index declined by 4.08 per cent, representing a decrease of 0.01 per cent, to close at 44,604.74 points. Similarly, the overall market capitalisation value lost N2 billion to close […]
Zenith flips Guaranty in share price for the first time since 2011
At the close of trading on Thursday, the market witnessed a flip that last occurred 11 years ago between the banking giants – Zenith Bank and Guaranty Trust Bank, being one of the top liquid stocks listed on the Nigerian stock exchange. For the first time since September 22nd, 2011, Zenith Bank share price traded […]
Zenith, GTbank Five Others are Nigeria’s Most Valuable Banks For 2021(Full List)
The list of Nigerian most valuable bank for 2021 has been revealed with Guaranty Trust Bank and Zenith bank leading the list The value of the banks were calculated using how much was added to their total share price as at Friday, December 31, 2021 Nigerian banking sector stocks remains one of the most traded […]