27

Apr

GTCO reports N43.21bn as profit in Q1 2022

Guaranty Trust Holding Company on Tuesday published its First Quarter report for the period ended 31 March 2022. The Holding Company for the 3 months period recorded Gross Earnings of N119.59 billion, up by 12.65% from N106.17 billion recorded the previous year. Profit after tax of N43.21 billion was reported for Q1 2022, down by 5.13% from[…]

27

Apr

MTN Nigeria to raise N127bn through Commercial Paper Issuance

MTN Nigeria has notified the Nigerian Exchange and the investing public of its N127 billion Series 1&2 Commercial Paper Issuance under its registered N150 billion Commercial Paper Programme. The issuance comprise two tenors – a 184-day Series 1 issuance priced at 7.50% yield and a 254-day Series 2 issuance priced at an 8.50% yield, Stanbic IBTC Capital[…]