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OctGuaranty Trust Holding Company, the parent company of Guaranty Trust Bank on Tuesday published its Third Quarter report for the period ended 30 September, 2022. The Holding Company achieved Gross Earnings of N364.306 billion, up by 14.38% from N318.508 billion achieved the previous year. Profit after tax grew marginally by 0.73% to N130.348 billion from N129.400 billion […]
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OctThe Nigerian stocks market on Friday closed higher as the All Share Index advanced further by 0.15% to settle at 44,396.73 points from the previous close of 44,332.21 points. The Market Capitalisation was up by 0.14% to close at N24.182 trillion from the previous close of N24.147 trillion, thereby gaining N35 billion. An aggregate of 95 million[…]
The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have announced the completion of a Share Purchase Agreement (SPA) for the acquisition of 100% of the equity in Polaris Bank by Strategic Capital Investment Limited (SCIL). Polaris has been operating as a bridge bank since 2018 when the Central Bank of Nigeria[…]
