Organisers of the Sustainability, Enterprise and Responsibility Awards, otherwise known as The SERAS CSR Awards Africa has announced a list of 84 organizations that beat the deadline for the submission of entries for the 2017 edition. The list include Fidelity bank, GTbank, Diageo, Lafarge, Sahara Energy, Shell, Chevron, Tolaram group, 9Mobile, FCMB, FrieslandCampina, Multichoice, Access […]
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Pan-African banking outfit, United Bank for Africa (UBA) Plc, said it has made provisions on loans to 9mobile, the mobile operator formerly known as Etisalat Nigeria. The bank did not give details of the provision but said it had a ₦38 billion ($125 million) exposure to 9mobile. UBA said the exposure was secured. It can […]
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The Chief Executive of Nigeria’s Zenith Bank Plc, has said it has made a provision on 30% of its loan to 9mobile, the country’s fourth largest telecoms group formerly known as Etisalat Nigeria. The bank’s GMD, Mr. Peter Amagbo said: “We have taken about 30 percent … as a provision which we believe is very […]
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Deposit Money Banks (DMBs), yesterday announced the setting up of a projects review committee to oversee the disbursement of ₦26 billion equity funds for the Small and Medium Enterprises (SMEs) . Members of SMEs Projects Review Committee include the Managing Directors of GTBank, Zenith Bank, First Bank, UBA, Access Bank, FCMB, Unity Bank, CBN Director […]
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Zenith Bank Plc, along Ecobank Transactional Incorporated Plc, and Guaranty Trust Bank Plc (GTBank) lead 13 others to emerge as best performing stocks in the banking sector in July. At the close of trading on Monday, July 31, the stock price of Zenith Bank appreciated by 17.8 per cent, while ETI added 18.1 per cent […]
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Guaranty Trust Bank plc, is celebrating the 10th anniversary of its listing on the London Stock Exchange after it became the first Nigerian bank to be listed on the bourse. The bank was also the first to dual list on an international exchange and the first Nigerian company to raise international capital using listed Global […]
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Four of Nigeria’s five largest banks have indicated they might pay interim cash dividends to shareholders as investors await the half-year corporate earnings of major quoted companies on the Nigerian Stock Exchange (NSE). The three largest Nigerian banks-Guaranty Trust Bank, Zenith Bank and United Bank for Africa and the fifth largest bank-Access Bank, in separate […]
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Guaranty Trust Bank Plc has emerged Nigeria and Africa’s best bank for SMEs during the 2017 Euromoney Awards in London at the prestigious Tower of London, last weekend. Now in its 26th year, the Euromoney Awards for Excellence covers more than 20 global product categories, including the best banks in over 100 countries around the […]
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Six Nigerian banks were ranked among The Banker Magazine’s Top 25 Banks in Africa and among 1,000 banks in the world. The banks so ranked are Zenith Plc, FirstBank Nigeria Limited, Guaranty Trust Bank Plc, Access Bank Plc, United Bank for Africa Plc and Diamond Bank Plc. According to the ranking, released late on Monday, […]
Read More Guaranty Trust Bank plc, has launched GTPATRIOT, a unique Salary Account Package which offers Nigeria’s servicemen and servicewomen subsidized banking products and dedicated value added services. The GTPatriot Account allows serving members of the military and paramilitary institutions to open accounts with zero minimum balance whilst offering reduced current account maintenance fees and access to […]
Read More Guaranty Trust Bank Plc has launched GTWorld, a mobile banking app designed to cater to all customers’ needs. The lender said the app was built on the back of its customer-focused digital strategy. According to a statement by the bank, GTWorld is available for download from the Google Playstore for Android phones and the Apple […]
Read More Over 100 small businesses in Nigeria’s Food Industry was provided with free storefronts at the GTBank Food and Drink, recently organised by Guaranty Trust Bank Plc, which held during the 2017 Worker’s Day holiday. The two-day event offered small businesses in the Nigerian Food Industry a free and vibrant platform to connect with a wider […]
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