By Seun Ibiyemi Guaranty Trust Holding Company Plc (GTCO PLC) has filed a preliminary “red herring” prospectus (Red Herring Prospectus) with the Securities and Exchange Commission (SEC) in connection with a proposed offering for subscription of ordinary shares of 50…
…Approve N94.179bn dividend for 2023 By Seun Ibiyemi Shareholders of Guaranty Trust Holding Company (GTCO) Plc on Thursday at the third Annual General Meeting approved the company’s plan to establish a capital raising programme of $750 million either through public…
Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the year ended December 31, 2023, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit…
Transcorp, GTCO lift equity market up by 0.47% Transcorp Corporation (Transcorp) and Guaranty Trust Holding Company(GTCO) on Wednesday drove the Nigerian equity market higher by 0.47 percent as the largest stocks in volume and value. Specifically, Transcorp led the volume…
The Nigerian Exchange Ltd. on Friday recorded N138 billion growth following continued investors’ buy interest in stocks of Tier-one banks. Specifically, the market capitalisation which opened at N55.900 trillion rose by N138 billion or 0.25 percent to close at N56.038…
The review of the indexes done by the Nigerian Exchange Limited has seen some banking stocks, such as FBN Holdings, Guaranty Trust Holding Company Plc, FCMB Group, and Stanbic IBTC Holdings Plc, added to the Banking Index. In a corporate…
Guaranty Trust Holding Company Plc (GTCO) has announced a profit after tax of N367.42billion for the period ended September. This represents a 181.87 percent rise in its profit compared to N130.35billion as of September 2022. The company which is listed…
Shareholders of GTCO Holdings Plc will receive an interim dividend of N14.72 billion for the half year ended June 2023 representing 50 kobo per share. The Board of Directors of the holding company proposed the payment of an interim dividend…
By Philemon Adedeji Equities market recovered from the previous session’s loss, the domestic bourse posted gains as the benchmark All Share Index (ASI) rose by 109.46 basis points representing 0.17 per cent to close at 66,548.99 index points. Gains in…
By Philemon Adedeji Transaction on the Nigerian Exchange Limited (NGX) closed on a bearish sentiments as tier-1 bank investor halted positive performance of stock market which includes ZENITH BANK (-1.79 per cent), GTCO (-0.95 per cent) and STANBIC IBTC (-0.16…
