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GTCO

Nigerian Stock Market Record Highest Level In 15-years, Equity Cap Up N59.90bn

NGX Bullish Momentum Adds N1.21trn To Market Cap

September 1, 2026

The bullish momentum in the Nigerian stock market continued with a N1.21 trillion gain on Tuesday, after the all-share index (ASI) expanded by 1,883.24 basis points. According to the Nigerian Exchange (NGX),

Business News·Top Stories

Five Best-Performing Bank Stocks In Q2 2026

July 23, 2026

Only five banks in the banking industry recorded an increase in their shareholders’ investments between April and June 2026, with six financial institutions experiencing a decline during the period under review. According

NGX Suspends Trading In Unity Bank, Guinea Insurance, 6 Other Companies’ Shares

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First HoldCo Takes Top Spot, Zenith Drops On Nigeria’s Most Valuable Bank List

July 21, 2026

Zenith Bank lost its top spot on the list of the most valuable banks in the Nigerian stock market on Monday after First HoldCo’s market capitalisation increased by N434.28 billion. According to

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Industry Review: Banking Sector Fraud Cases Drop 12% — But Amount Involved Rises To N21bn

July 2, 2026

The number of fraud cases recorded in the Nigerian banking sector dropped in 2025, however, the amount involved in the fraudulent activities increased during the same period, according to analysis of the

Business News·FEATURES·Top Stories

Nigerian Stock Market Cap Rises To N143.47trn — Up By N2trn

April 23, 2026

On Thursday, April 23, the market capitalisation of the Nigerian Exchange (NGX) reached N143.47 trillion, after rising by N2.09 trillion from the N141.38 trillion recorded on Wednesday, April 22. The market capitalisation

Business News·FEATURES·Top Stories

UBA Drops, Stanbic IBTC Rises On Nigeria’s Top Five Most Valuable Banks

April 22, 2026

The market valuation of Nigerian banks listed on the Nigerian Exchange (NGX), also known as the stock market, increased by N3.26 trillion in the first quarter (Q1) of 2026, according to Prime

NGX Set To Lose N60bn As MRS Oil Nigeria Plc Plans To Delist Shares

Business News·FEATURES·Top Stories

NGX Traders Exchange N32bn Shares, Market Cap Rises By N443bn

April 13, 2026

The Nigerian Exchange (NGX) said the market capitalisation of the stock market increased by N443.12 billion on Monday, April 13. According to the NGX, the increase led to the market capitalisation rising

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Zenith Bank, Stanbic IBTC… Five Best Performing Bank Shares In Q1 2026

April 13, 2026

The Nigerian commercial banks on the Nigerian Exchange (NGX) generated N3.26 trillion as gains during trading in the first quarter (Q1) of 2026, according to analysis of their stock performance by Prime

GTCO Shareholders Gain N93.87bn As Lender Reveals Plan To List On LSE

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GTCO Records Poor Revenue Growth, Profit Drops By 14%

April 10, 2026

Guaranty Trust Holding Company (GTCO) Plc grossed N2.15 trillion in earnings within the first quarter (Q1) and the fourth quarter (Q4) of 2025, rising by just 0.09 percent compared to the N2.14

Stock Market Rally Halted As Demand For Ecobank, PZ Cussons Shares Dropped

Business News·FEATURES·Top Stories

NGX Traders Exchange N39.82bn Shares As Market Cap Rises By N54bn

April 9, 2026

On Thursday, April 9, the Nigerian Exchange’s (NGX) market capitalisation increased to N130.45 trillion. The market capitalisation increased by N54.81 billion from the N130.40 trillion recorded on Wednesday, April 8. This was

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business News·Top Stories

Zenith Bank, GTCO Among Top Traders as NGX Market Cap Rises By N696bn

March 18, 2026

The Nigerian Exchange (NGX) market capitalisation increased to N130.02 trillion on Tuesday, March 17, from the N129.32 trillion recorded on Monday, March 16. This represents a N696.20 billion growth in the value

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business News·Top Stories

Deap Capital Leads NGX Gainers’ List, Tripple Gee Tops Losers’ Table

February 19, 2026

The top gainers’ list was led by Deap Capital, and Tripple Gee topped the losers’ table on Thursday, February 19, as the Nigerian Exchange (NGX) gained N1.69 trillion. NGX said the market

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NGX Market Cap Grows By N125.64bn

January 27, 2026

Over N125.64 billion was gained in the Nigerian Exchange (NGX), also known as the stock market, on Tuesday, January 27, as the market capitalisation closed at N106.08 trillion. The market valuation of

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Stanbic IBTC Rises, Access Holdings Drops… Six Nigerian Banks Worth Over N1trn

January 26, 2026

The number of commercial banks valued at over N1 trillion on the Nigerian Exchange (NGX), also known as the stock market, increased to six at the end of 2025, up from five

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Five Bank Shares That Gave Nigerians Highest Return On Investments In 2025

January 20, 2026

In 2025, shareholders of 10 commercial banks out of 11 listed on the Nigerian Exchange (NGX), also known as the stock market, recorded a combined gain of N4.81 trillion, according to Prime

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GTCO, Stanbic IBTC Make List Of Nigerian Banks With Highest Market Valuation

December 12, 2025

The banks with the highest market valuation on the Nigerian Exchange (NGX) Limited in the third quarter (Q3) of 2025 are Guaranty Trust Holding Company (GTCO), Zenith Bank, United Bank for Africa

Business News·News·Top Stories

GTCO Bolsters GTBank With N365.85 Billion Injection, Secures International Licence

August 30, 2025

Guaranty Trust Holding Company Plc has injected N365.85 billion into its subsidiary Guaranty Trust Bank Limited to comply with the Central Bank of Nigeria’s new capital requirements for internationally licensed banks. The

Business News·Top Stories

GTCO Shareholders Gain N93.87bn As Lender Reveals Plan To List On LSE

July 3, 2025

Shareholders of Guaranty Trust Holding Company (GTCO) gained N93.87 billion within five hours of trading on Thursday, July 3, after the company announced plans to list on the London Stock Exchange (LSE).

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Access Holdings Drops, Stanbic IBTC Rises On Nigeria’s Trillion-Naira Bank List

June 26, 2025

The number of banks worth over a trillion naira in the stock market has increased from five to seven on Wednesday, June 25, as Fidelity Bank joined the list after its market

Business News·Top Stories

Nigerian Stock Market Cap Extends Decline With N183.30bn Loss

June 17, 2025

On Tuesday, June 17, the equity capitalisation of the Nigerian stock market dropped to N72.49 trillion, from N72.68 trillion posted on Monday, June 16, indicating a decrease of N183.30 billion. The 0.30

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CBN Fines Zenith Bank, Fidelity Bank, GTCO, Six Other Banks N16.98bn

June 9, 2025

The Central Bank of Nigeria (CBN) fined commercial banks N17.35 billion in 2024, with the penalty increasing by N16.98 billion compared to the N369,71 million the financial institutions paid in 2023. According

Business News·Top Stories

GTCO’s Profit Dropped To N258bn In Q1 2025

June 4, 2025

Guaranty Trust Holding Company (GTCO) reported N397.38 billion interest income in the first quarter (Q1) of 2025, up 41.09 per cent from N281.65 billion recorded in Q1 last year. However, interest expense

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

Business News·Top Stories

Nigerian Stock Market Cap Gains N1.08trn In Five Hours

May 27, 2025

On Tuesday, May 27, the market capitalisation of the Nigerian stock market increased by N1.08 trillion from N69.29 trillion on Monday, May 26, to N70.37 trillion. This followed the 1,721.3 basis points

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Segun Agbaje Makes N482.88m From GTCO’s Bullish Run

May 15, 2025

Segun Agbaje, the group managing director (GMD) of Guaranty Trust Holding Company (GTCO), saw his investment in the lender appreciate by 20.35 per cent between January 2 and May 14. According to

Business News·Top Stories

Stock Market Cap Increases By N186bn As ASI Jumps 0.27%

May 14, 2025

The stock market continued its upward trend on Wednesday, May 14, as the equity capitalisation rose by N186.47 billion after the all-share index (ASI) appreciated by 0.27 percent. According to data obtained

Business News·Top Stories

Nigeria’s Stock Market Extends Upward Trend With N307bn Gain

May 7, 2025

Trading ended with a 0.45 per cent or N307.16 billion increase in the Nigerian bourse’s capitalisation on Wednesday, May 7, after it rose from N68.10 trillion on Tuesday, May 6, to N68.41

Business News·Top Stories

Top Five Most Valuable Banks In Nigeria

April 30, 2025

The Guaranty Trust Holding Company (GTCO), Zenith Bank, United Bank for Africa (UBA), Access Holdings and First HoldCo are the top five most valuable banks in Nigeria. According to Prime Business Africa’s

Business News·Top Stories

GTCO, Wema Bank… Five Best-Performing Bank Stocks

April 29, 2025

At the end of the first quarter (Q1) of 2025, the market valuation of Nigerian banks appreciated by 6.24 percent, according to analysis by Prime Business Africa. The publication gathered that the

Business News·Markets

N51bn Windfall Tax Impacts GTCO’s Net Income Growth

April 15, 2025

Guaranty Trust Holding Company (GTCO) reported N2.14 trillion gross earnings in 2024, an 81.07 per cent increase from the N1.18 trillion generated in 2023. According to an analysis of the financial institution’s

Business News·News

Anger Trails Banks’ Super Profits In The Midst Of Poverty, Spurious Bank Charges

June 18, 2024

Coming across to Nigerians as oases of plenty in a desert of need, Nigerian banks have come under heavy criticism for declaring super profits despite rising inflation and widespread poverty. The outcry

Business News·News

Zenith Bank, Access, UBA, FBNH, GTCO, 5 Others’ Assets Rise To N140.3trn In Q1 2024

Major Banks Report Significant Growth As Nigeria targets a $1 trillion economy within the next five years, the country’s banking sector is showing substantial progress. Ten prominent Nigerian banks have reported combined assets of N140.3 trillion for the first quarter of 2024,

June 18, 2024

6 Factors Behind Poor Performance Of Nigeria’s Oil & Gas Stocks This Year

Business News·Markets·News

Equity Market Sees Slight Uptick as GTCO, Oando, Others Gain

Nigeria’s equity market ended Thursday’s trading session on a positive note, with a marginal increase of 0.03% or N22 billion. This slight gain was driven by investor interest in banking, insurance, and industrial goods stocks, despite profit-taking in consumer goods stocks. The

May 10, 2024

Business News·News

GTCO Records 217% Growth In N327.4 Billion H1 Profit Before Tax

Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ended June 30, 2023, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax

September 3, 2023

Wema Bank, BUA Cement, Others Cost Stock Market Investors N672bn

Business News·Markets

Stock Market In Nigeria Rises By N1.21 trillion In Value, GTCO, Zenith Bank Among Gainers

Nigerian bourse’s market capitalisation went up from Friday’s N30.45 trillion to N31.67 trillion on Tuesday, indicating N1.21 trillion or 3.99% growth in the stock exchange valuation. It followed the same path as the All-Share Index, which rose to 58,163.59 index points, up

June 13, 2023

GTCO, First Bank Fail To Make Top Five Performing Nigerian Bank Stocks In H1

Business News·Insights

Why FCMB, GTBank, Access, Stanbic IBTC CEOs Seek HoldCo Structure, To Stay More

The Nigerian banking industry is in the season of transition from a core banking operation to a Holding Company (HoldCo) structure. Out of 15 commercial banks operating in Nigeria, at least seven lenders; Sterling Bank, Access Holding, FBN Holdings, FCMB Group, Guaranty

April 13, 2023

Business News·Insights

Bank Investors Earn N248.68 billion Amid Naira Scarcity Caused By CBN’s Policy

The Nigerian banking sector exited the Naira scarcity period unblemished judging by the value of equity investment netted by their shareholders in the first quarter (Q1) of 2023. Prime Business Africa’s analysis of the stock market in the first three months of

April 11, 2023

Business News

GTBank’s Parent Firm Risks Regulatory Sanction Over Financial Statement

Guaranty Trust Holding Company (GTCO) risks facing regulatory sanction over its Audited Financial Statements (AFS) for the year ended 31 December 2022. GTCO, the parent company established out of Guaranty Trust Bank (GTBank) revealed that the company will be unable to meet

March 24, 2023

Business News·Markets

Stock Market Investors Gain N88.04 billion, As Equity Cap Rises By 0.29%

Nigerian bourse appreciated by 0.29 per cent or N88.04 billion on Thursday, 2 March 2023, as the market capitalisation closed with N30.32 trillion, above the N30.23 trillion recorded a day before. Stock market data disclosed the All-Share Index closed with 55,670.24 ASI, rising by 161.63 basis points

March 2, 2023

Nigerian Banks Rely More On Liquidity, As Borrowing From CBN Rises To N19.8trn

Business News·Insights

Top 10 Nigerian Banks With Highest Customer Deposits

Over the years, banks have become a safer option for Nigerians to safeguard their funds from robbery or natural disasters like flood that could displace a whole community or fire that could engulf a whole building unannounced. The Nigerian banking system operates

January 16, 2023

NGX: Investors Gain N313bn As ASI Rebound By 0.70%

Business News·Markets

Stock Investors Gain N252.52 billion On Total, Berger, Other Shares

Friday’s trading session closed with the market valuation of the Nigerian Stock Exchange rising from N28.34 trillion to N28.60 trillion, after gaining N252.52 billion. The All Share Index also appreciated by 463.63 basis points to 52,048.85 ASI, rising from Thursday’s 52,512.48 ASI. Over

January 13, 2023

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