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JenneteUgo Anya
- October 31, 2024
GTCO Reports 161% Surge In Net Income, N1trn Net Profit After Tax In Nine Months
Guaranty Trust Holding Company (GTCO), a tier-one financial institution in Nigeria, has reported a net profit of N1.08 trillion after-tax for the first nine months of 2024, marking a 161 percent increase compared to the same period in 2023. Recent data released by the Nigerian Exchange Group (NGX) revealed that GTCO’s interest income soared by […]
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- September 16, 2024
GTCO Becomes First Nigerian Bank To Hit N1trn Pre-Tax Profit Milestone In 6 Months
Guaranty Trust Holding Company (GTCO) has made history by becoming the first Nigerian financial institution to surpass N1 trillion in pre-tax profits within just six months. The impressive feat was disclosed in its second-quarter 2024 audited financial statements, which revealed a pre-tax profit of N494.5 billion, nearly doubling the N252.5 billion reported in the same […]
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- July 11, 2024
GTCO’s N400.5bn Public Offer: A Strategic Move For Expansion, Stability
Guaranty Trust Holding Company Plc (GTCO) has announced an ambitious plan to raise N400.5 billion through a public offer, signalling a bold step towards enhancing its capital base and expanding its international footprint. This initiative, disclosed by GTCO Group Managing Director (MD), Mr. Segun Agbaje during the ‘Facts Behind the Offer Presentation,’ underlines the strategic […]
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