30 results
- 16 Jan 2022
N2.4Bn Judgment Debt: Supreme Court Restores GTB’s Appeal against Innoson Motors
The Supreme Court has set aside its earlier ruling which dismissed Guaranty Trust Bank’s (GTB) appeal against a N2.4 billion judgment in favour of Innoson Motors Nigeria Limited. The apex court set…
- 15 Jan 2021
Nwosu, Ex-GTB Staff Jailed for N50m Fraud
Onyekachi Nwosu, a former Guaranty Trust Bank (GTB) staff, has been sentenced to seven years imprisonment by a Federal High Court, Enugu, over N50 million fraud. Justice R.O. Dugbo Oghoghorie found…
- 14 Apr 2014
GTB Plans to Expand Continental Presence
Guaranty Trust Bank Plc (GTB), has unfolded plans to expand its operations to the rest of Africa over the next three years in a bid to triple the pace of earnings growth. “The bank plans to…
- 30 Jan 2019
Licensing Telcos for Payment Services, Threat to Banks- GTB
Guaranty Trust Bank otherwise GTB has said that the decision of the Central Bank of Nigeria (CBN) to license telecommunications companies for payment services is a threat to banks operating in the…
- 12 Jun 2013
Mahindra Comviva Bags 2 Awards @ GTB Innovation Event
Mahindra Comviva, the global leader in providing mobile financial and VAS solutions, today announced that it has won two major awards at the Global Telecom Business (GTB) Innovation Awards 2013. The…
- 15 Mar 2019
NSCU to Picket GTB over Alleged Illegal Deductions
Nigeria Civil Service Union (NCSU) has threatened to mobilise her members nationwide to picket Guaranty Trust Bank (GTB) offices across Nigeria over illegal restrictions of the union accounts. …
- 10 Feb 2024
FG Probes GTB, Zenith Bank over Alleged Data Breach
Nigeria Data Protection Bureau (NDPB) has opened an investigation into allegations of data breach by two Nigerian banks; GTB and Zenith Bank. The investigations were triggered by allegations of…
- 7 May 2012
GTB, HiTV Row Deepens as CBS Claims Studio
The battle for the soul of HiTV, the embattled pay TV Company, owned by Hi Media has taken a new turn as Continental Broadcasting Service (CBS), owners of Radio Continental and Television…
- 6 Jun 2016
Mahindra Comviva, Airtel Bag GTB Innovation Award for “Tap Tap” NFC Merchant Payments
Mahindra Comviva, the global leader in providing mobility solutions, and Airtel Tanzania, one of the leading telecom provider in Tanzania, have announced that they have jointly won the Global…
- 7 Sept 2020
GTB Interviewing Candidates to Take over from Agbaje as MD/CEO
Guaranty Trust Bank Nigeria will reveal a new managing director and chief executive officer in October, according to an update into the bank’s succession plans at an investor earnings call session on…
- 19 Nov 2021
Chukwuma, Innoson Boss Vows to Takeover GTB over Debt
Innocent Chukwuma, chairman of Innoson Group, has said it is certain he will take over Guaranty Trust Bank PLC. Chukwuma, the owner of Innoson Motors, and the bank had been locked in a legal…
- 12 Oct 2015
GTB Partners AFD for Long Term Financing of SMEs in Nigeria
Guaranty Trust Bank plc, foremost African financial institution, has partnered with Agence Française de Développement (AFD) to launch the N3 Billion Ariz Portfolio Guarantee Scheme, an initiative…
- 27 Jul 2015
Customs Suspends GTB, Fidelity, Diamond Banks from Collecting Duties
Nigeria Customs Service (NCS) has suspended three commercial banks from collecting customs duties over their non-compliance with the partnership agreement with the agency on the matter. The banks are…
- 11 Apr 2013
GTB Unveils Facebook Banking Platform
Guaranty Trust Bank Plc (GTBank) has launched a social banking platform, which allows customers to meet their banking needs on Facebook. The new offering which is the first of its kind by any…
- 6 Mar 2020
Chief Magistrate Jailed for Stealing from GTB
Economic and Financial Crimes Commission (EFCC), Ibadan zonal office, has secured the conviction of a Mutiat Omobola Adio, a chief Magistrate and former deputy chief registrar of the Oyo State High…
- 30 Apr 2025
Gtb Increases SMS Transaction Alert Fee Today
Guaranty Trust Bank (GTBank) has announced an increase in its SMS transaction alert fee from ₦4 to ₦6 per message, effective May 1, 2025. The bank cited a recent rise in telecommunication tariffs by…
- 28 May 2019
DBN, GTB to Disburse N25bn Entrepreneurs Fund
Guaranty Trust Bank plc, is collaborating with the Development Bank of Nigeria (DBN) to disburse N25 billion funding to entrepreneurs in Nigeria’s Micro, Small and Medium Enterprises (MSMES) sector.…
- 1 Aug 2024
UBA Ranked Most Visited Banking Website in Nigeria ahead of GTB, Others
Due to the availability of online banking, certain banks have seen a growth in their digital channels Semrush data showed that the UBA is ranked number one, with 2.36 million visits in June 2024. In…
- 13 Feb 2025
GTB Announces Zero Processing Fees on POS Transactions
Guaranty Trust Bank Ltd has announced the removal of processing fees on all GTBank POS terminals, reinforcing its commitment to supporting businesses with cost-effective payment solutions. This…
- 4 May 2010
Clickatell CEO Recognized by Global Telecoms Business
Pieter de Villiers, founder and CEO of Clickatell has been named by Global Telecoms Business (GTB) as one of its esteemed “40 Under 40” executives who will likely run the telecoms…
- 12 Mar 2024
GTCO to Raise N525Bn through Public Offer
Guaranty Trust Holding Company (GTCO) Plc is preparing to raise about N525 billion capital through public offer to strengthen the capital base of its subsidiary, Guaranty Trust Bank (GTB). The News…
- 13 Sept 2024
Reps Panel Asks GTBank to Remit VAT on Remita Transactions to FG
The House of Representatives Public Accounts Committee, has asked Guaranty Trust Bank (GTB) to calculate and remit the Value Added Tax (VAT) on the commission from Remita between 2015 and 2022 to the…
- 27 Mar 2015
Etihad Airways, GTBank Sign Ticket Payment Agreement
Etihad Airways, the national airline of the United Arab Emirates, recently signed on Guaranty Trust Bank as its collecting bank. Passengers can now pay for their tickets conveniently via GTB’s…
- 27 Feb 2020
Rogue GTBank Staff Bags 18 Years for Dubious Loans
Onyekachi Nwosu, former relationship manager with Guaranty Trust Bank Plc (GTB) in Enugu, has been sentenced to 18 years imprisonment for fraud and various banking infractions by giving out a dubious…
- 17 May 2021
Union Bank Starts Off on Losing Note in Bank Wars
Action in the augural edition of Bank Wars, a FIFA 21 Gaming competition for leading Nigerian banks, got underway in Group B on Saturday, May 15, 2021 as Sterling Bank and Fidelity thrashed rivals,…
- 22 Nov 2013
Nigeria’s Highest Paid CEOs
Being a successful and influential chief executive officer takes hard work, guts, sacrifice and a more-than-average knowledge of how the business environment works. Many who wish to be successful and…
- 15 Oct 2020
Respite for CBN as Court Vacates N24Bn Order Against it
Federal High Court in Abuja has set aside an order against the Central Bank of Nigeria (CBN) in respect of a judgment sum of N24.1 billion. Mr. Godwin Emefiele, CBN governor Justice Evelyn Maha, in a…
- 10 May 2021
Bank Wars: Access Bank, Standard Chartered, FCMB Off to Winning Start
Visitors to the Tech Experience Centre, Africa’s cutting-edge technology and lifestyle hub on Saturday, May 8, 2021 were treated to exciting, high-scoring matches in the opening day of Bank Wars, a…
- 5 Jan 2015
ICS Financial Systems Extends Leading Presence in Africa
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, partnered with new banks through expansion of its operations in Kenya, Rwanda…
- 11 Nov 2013
Nigerian Banks Have Highest Cost Base
Nigerian banks have been discovered to have the highest cost base amongst their peers due to increased levy paid to the Assets Management Company of Nigeria (AMCON) as well as the poor state of…