Guaranty Trust Holding Company Plc (GTCO) has announced the opening of its public offer to raise N400.5 billion. The offer consists of 9 billion ordinary shares priced at N44.50 each. The Securities and Exchange Commission (SEC Nigeria) has cleared the offer prospectus and registered the shares. The net proceeds from this offer will be used to recapitalize […]
15
JulTHE NIGERIAN STOCK EXCHANGE MARKET REPORT FOR JULY 8th – 12th, 2024 Equity Turnover : Last week on the floor of the Exchange, investors traded a total turnover of 2.765 billion shares worth N85.230 billion in 40,796 deals. This represents an increase in value compared to the previous week, where 2.259 billion shares valued at N31.166 billion[…]
09
JulGuaranty Trust Holding Company Plc (GTCO) has unveiled ambitious plans to raise N400 billion through a public offering on the Nigerian Exchange Limited (NGX). This initiative involves issuing nine (9) billion ordinary shares of 50 kobo each at an offer price of N44.50 per share for a period of 21days. This is aimed at enhancing its capital[…]
