GTB
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Election
Elections: GTB denies giving N500m new notes to any Presidential candidate
Guaranty Trust Bank Ltd., said it did not give N500 million new notes to any Presidential candidate in the ongoing General Elections, as reported on Twitter by @ifygold21. The bank said in a statement on Wednesday in Lagos, that the claim was completely false and designed to bring the image of the bank and its officers to disrepute. “The attention…
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NEWS
Airtel, GTB, others, add N2.5tn as stock market outperforms inflation
The Nigerian stock market saw a windfall on the year as the twenty largest companies on the Nigerian Exchange Limited added N2.47tn ($6.24bn) with the market outperforming inflation. Data from the NGX available to our correspondent revealed that twenty companies listed on the exchange controlled 91.54 per cent of the total market capitalisation, as of 30 June 2021. The total…
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NEWS
GTBank records low profit after tax, as curtain winds down on Segun Agbaje
The first quarter of 2021 didn’t augur well for Guaranty Trust Bank, as the financial company reported declining earnings amid the winding down of Segun Agbaje’s tenure as Chief Executive Officer. In the first three months of 2021, the company’s Net Interest Income fell to N52.43 billion, falling short of the N64.28 billion GTBank recorded during the corresponding period of…
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