Business Hilights

Tracking Nigeria's Headline Business News Online

GTBank

GTBank on trajectory to post strong full year financial earnings—Cordros Capital

Leading corporate financial performance analysis group and stock market pundit, Cordros Capital, has projected that “GTBank’s result is strong, and should lead to the bank posting equally strong FY-19.” The group said in its latest market report that “We are…

GTBank bags Best Bank in Nigeria, Africa Awards at Euromoney Awards for Excellence

Pioneer digital African financial institution, Guaranty Trust Bank plc, has won the Best Bank in Africa 2019 by Euromoney at its annual Awards for Excellence in London recently. The bank also bagged the Best Bank in Nigeria for a record…

GTBank fast-tracks digital content on Habari with social community platform

As the race for adoption of latest financial technology (Fintech) in Nigeria’s banking system soars, pioneer technology-driven financial giant, Guaranty Trust Bank has sealed fresh deal with leading global distributor of digital content firm, Publiseer. Publiseer is a digital publisher…

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ICT

Only cheap data, phones can fast-track bridging financial inclusion gap—GTBank

…Explains Habari concept at Lagos SMW Contrary to earlier believe that financial inclusion gap can be closed using technology education, the Managing Director of GTBank, Mr. Segun Agbaje, has argued that “For Nigeria and other African economies to bridge financial…

Innoson Vehicle Manufacturing deserves FG’s protection, support to stand, grow

Throughout sub-Saharan Africa, Innoson Vehicles Manufacturing (IVM) Group, Nnewi in Anambra State remains the only indigenous vehicle production company which has been growing amidst series of challenges including legal, importation and even market share supports. Since the company took off…

Only GTB, Ecobank, FirstBank made list of 2018 African Banker Awards nominees

Yearly organizers of African Banker Awards, the African Banker magazine, on Thursday announced nominees for the 2018 awards with only three out of 25 commercial banks in Nigeria making the list of nominees in different categories of the honours. Whereas…

Two Nigerian banks, Access, GTB on strong footing, Fitch affirms

Two leading money deposit banks in Nigeria, GTBank and Access Bank have rated and given clean bill of health by Fitch Rating in London. Whereas the Guaranty Trust Bank Plc’s (GTB) Long-Term Issuer Default Rating (IDR) has been affirmed at…

GTBank Report seeks FG’s reduction in cost of borrowing to save economy

Guaranty Trust Bank Plc, has released its ‘Macroeconomic and banking sector themes for 2018’, with a call on the federal government to reduce its borrowing cost to control stress on the economy. While expressing anxiety on the chances of the…

EFCC: Dual story angles confusing issues in GTB Vs. Innoson Motors crisis

…As Senate orders immediate investigations on arrest of Chukwuma Since the trending commando-styled arrest of the indigenous vehicles manufacturer, Dr. Innocent Chukwuma, the chief executive of Innoson Vehicle Manufacturing (IVM), in Enugu on Tuesday, two story lines have emerged, thus…

Nnanna Etisalat
ICT

How Barclays suddenly become advisor in sale of 9Mobile

Facts on why rather than Citigroup and Standard Banks, new advisor had been preferred for arranging the sale of 9Moblie on or before December, 31st 2017. Though analysts say the sudden change had the backing of the 13 banks who…