GTCO gets CBN approval for payment subsidiary

Guaranty Trust Holding Company Plc has notified the Nigerian Exchange and the investing public of the receipt of the final approval of the Central Bank of Nigeria for its wholly owned Payment Subsidiary, HabariPay Limited.

Commenting on the new subsidiary, the Group CEO of GTCO Plc, Segun Agbaje said: Payments are central to the development of financial services globally and represents a key growth area for the Group. GTCO plc has been at the forefront of delivering cutting-edge innovative solutions with its banking franchise and would leverage this capacity to transform the evolving space. With HabariPay, we have successfully created another pathway towards enhancing the service experience for our customers and creating more value for our stakeholders.

Source: GTCO gets CBN approval for payment subsidiary – StocksWatch (

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