30 results
- 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…
- 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…
- 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…
- 5 Nov 2024
How Hackers Manipulated, Stole N622m from Interswitch within Minutes- Police
Justice Yellim Bogoro of the Federal High Court in Lagos has heard how Daniel Ikeoha and Sylvester Ebeta, two alleged hackers, manipulated Interswitch Nigeria Limited’s Payment Gateway switch and…
- 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…
- 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…
- 29 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.…
- 28 Feb 2019
Supreme Court Orders Stanbic IBTC Bank to Pay Customer N2.5Bn Damages
Supreme Court of Nigeria has affirmed the judgement of a Federal High Court sitting in Lagos, Southwest Nigeria that ordered Stanbic IBTC bank Plc to pay one of its customers, Mr Patrick Akinkuotu…
- 9 Apr 2016
CBN Approves 2 Super Agents to Distribute Banking Services
Mrs Tokunbo Martins, director, Banking Supervision Department of the Central Bank of Nigeria (CBN), says the bank has approved two super agents to distribute banking services at cheaper prices.…
- 30 Jul 2014
GTBank Rolls Out GTExpress @ Forte Oil Locations
Guaranty Trust Bank Plc has launched ‘GTExpress’; a comprehensive agent banking service at Forte Oil locations nationwide, as part of efforts at bringing banking services closer to its existing…
- 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 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…
- 9 Aug 2018
CWG, GRG Banking Move to Close the Dearth of ATMs in Nigeria
CWG Plc, the leading systems integration company in Nigeria and GRG Banking, a leading high-tech company out of China; have entered into an agreement to support the Nigerian Apex Bank, CBN, in…
- 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…
- 21 May 2015
Loan Dodgers Owe Banks N138Bn
Loan default by customers made 13 Deposit Money Banks to lose a combined sum of N138 billion in the 2014 financial year, according to calculations by the Punch Newspaper. Data obtained from the 2014…
- 3 May 2020
FG Rakes in 8Bn from Banks’ IT Levies
Eleven Nigerian banks paid about N8.08bn Information Technology-related levies to the government in 2019, the audited financial reports of the banks have shown. Punch reported that the analyses of…
- 19 Oct 2009
First Bank, Others to Raise N1.2 Trillion
First Bank of Nigeria Plc, Diamond Bank, Zenith Bank and Guaranty Trust Bank Plc, are set to float N1.2 trillion bonds from the nation's capital market. First Bank of Nigeria has concluded plans to…
- 1 Feb 2016
UBA, Others Make World’s Top 500 Banks
United Bank for Africa, First Bank of Nigeria Limited, Guaranty Trust Bank Plc and Zenith Bank Plc have been named among the world’s top 500 banks. A new study conducted by the United Kingdom-based…
- 28 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…
- 4 Sept 2019
PayAttitude Appoints Babatunde Okeniyi as CEO
The board of directors of PayAttitude Global, a payment platform with focus on mobile and digital payments, has announced the appointment of Babatunde Okeniyi as its managing director/chief executive…
- 14 Mar 2018
GTBank Simplifies Banking with 737 App
Guaranty Trust Bank plc, also known as GTBank plc has gotten simple with its banking escapades by requesting customers to download the 737 App. GTBank in the latest update shared with…
- 29 Nov 2012
GTBank Introduces Social Banking Services
GTBank Plc, a foremost Nigerian financial institution, has extended its profound social media presence with the introduction a premium social banking service in Nigeria, a very convenient way to view…
- 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…
- 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…
- 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…
- 13 Mar 2016
Banks Go Local to Beat CBN Deadline on Tier 3 Data Centre
Money deposit banks and other financial institutions in the country are embracing data centre service ahead of next year’s deadline given to money deposit banks in the country by Central Bank of…
- 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…
- 2 Oct 2013
CWG, Wincor Nixdorf Partner UBA on ATM Deployment
United bank for Africa Plc (UBA), one of Africa’s leading financial institutions, and Computer Warehouse Group Plc (CWG), the leading Pan African Systems Integration Company, have signed an agreement…
- 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…
- 8 Feb 2017
Ozekhome Kicks as Court Freezes His Account over Money Laundering
Justice AbdulAziz Anka of a Federal High Court in Lagos on Tuesday ordered the temporary forfeiture of N75 million the Economic and Financial Crimes Commission (EFCC) said it discovered in the…