30 results
- 14 Jun 2013
UBA, Others Ink Agreement for OTC Market
Four settlement banks appointed by the National Association of Securities Dealers (NASD) which include United Bank for Africa UBA) Plc, Guaranty Trust Bank Plc, Access Bank Plc, and Sterling Bank Plc…
- 8 Apr 2021
CBN Freezes 84 Bank Accounts of Firms/Persons under Investigation
Central Bank of Nigeria (CBN) has secured an interim order of a federal high court in Abuja, freezing 84 bank accounts belonging to 25 individuals and companies. Those affected by the new order…
- 14 Nov 2023
Interswitch System Glitch: Court Orders Freezing of Accounts in 54 Banks
Justice Peter Lifu (JP) of a Federal High Court sitting in Lagos has granted an order freezing some accounts in about 54 financial institutions in the country where alleged funds from Interswitch…
- 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…
- 19 Feb 2020
CBN Releases List of Authorised Banks in Nigeria
Central Bank of Nigeria (CBN) has released the list of deposit money banks and financial holding companies operating in Nigeria, meaning that anybody who transacts banking business outside the list…
- 9 May 2024
CBN Unveils List of Licensed Deposit Money Banks
Central Bank of Nigeria (CBN) has released the list of licenced Deposit Money Banks operating in the country. Providing insights into the banking landscape in Nigeria, the list was made public on the…
- 5 Aug 2015
Name and Shame: FCMB, MRS Fight over N6.2Bn Debt
Central Bank of Nigeria (CBN)-initiated name and shame campaign of banks’ delinquent debtors gained further momentum on Wednesday as First City Monument Bank Limited and Ecobank Nigeria published…
- 14 Apr 2009
GT Bank, Zenith, Intercontinental Emerge Tops in KPMG Survey
Guaranty Trust Bank Plc, Zenith Bank Plc and Intercontinental Bank Plc have emerged first, second and third respectively in the top ten customer focused banks in the retail segment of the market.…
- 3 May 2017
CBN Expels 16 Banks from Forex Market
Central Bank of Nigeria (CBN) on Tuesday stopped 16 Deposit Money Banks from participating in the Small and Medium-scale Enterprises (SMEs)window of the foreign exchange market. Isaac Okorafor,…
- 19 Nov 2013
Worries over Arrests of Top Bankers for Alleged Terrorist Financing
The banking industry and State Security Service (SSS) are embroiled in claims and denials over the continued detention of senior personnel of 13 Nigerian banks for alleged terrorist financing and…
- 21 Nov 2013
Terrorist Financing: Banks Meet over Plan for Nationwide Shutdown
National Union of Banks, Insurance and Financial Institutions Employees (NUBIFE) said it will meet today to discuss the planned shut down operations nation wide in protest over the continued…
- 2 Dec 2014
GTBank Named “Best Bank in Nigeria ” by The Banker
Guaranty Trust Bank Plc has won the “Best Bank in Nigeria for 2014” by The Banker Magazine (a publication of The Financial Times) for promoting industry-wide excellence in Global Banking Ethics and…
- 15 Jun 2010
Banks Grant MTN N318 Billion Loan Facilities
MTN Nigeria, Nigeria’s leading telecommunications company has received fresh loan facilities to enable the company further expand its network across the country. A consortium of 15 Nigerian…
- 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…
- 30 Jul 2013
GT Bank is African Bank of the Year
Guaranty Trust Bank plc, foremost Nigerian financial institution, was conferred with the 2013 African Bank of the Year Award by the African Banker Magazine at a well attended ceremony in Marrakech,…
- 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…
- 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…
- 21 Aug 2018
CBN Slams N34.1m Fines on 3 Banks for Market Infractions
Central Bank of Nigeria (CBN) has sanctioned Guaranty Trust Bank Plc (GTBank), Zenith Bank Plc and Stanbic Holdings Plc N34.1 million over different market infractions in the first six months of…
- 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…
- 17 Jul 2012
GTBank Emerges “Best Bank in Nigeria”
Guaranty Trust Bank plc has been recognized as the 2012 ‘Best Bank in Nigeria’ by Euromoney Magazine for the fourth consecutive year. The award which was presented during the 2012 Euromoney Awards…
- 29 May 2022
GTCO Plc’s GTBank Maintains its Dominance in Financial Services at the Brand Africa 100: Africa’s Best Brands Awards
Guaranty Trust Bank Ltd, the banking subsidiary of Guaranty Trust Holding Company Plc or the Group), emerged winner in four major categories at the 12th annual Brand Africa 100: Africa’s Best Brands…
- 6 Nov 2020
#EndSARS: Court Gives CBN Nod to Freeze 20 Accounts
A Federal High Court in Abuja has granted request of the Central Bank of Nigeria (CBN) to freeze accounts of some 19 individuals and a firm linked with the #EndSARS protests. Mr. Godwin Emefiele, CBN…
- 25 May 2026
NIBSS Blames System Glitch for Disappearance of N13.66Bn, Seeks Court Nod for Recovery
Nigeria Inter-Bank Settlement System Plc (NIBSS) has sued 19 commercial and microfinance banks, over N13.66 billion allegedly lost to unauthorized transfers following a major glitch on its payment…
- 2 Aug 2010
CBN Pumps N130 Billion into Real Sector
The Central Bank of Nigeria (CBN) has released over N130 billion to small and medium scale enterprises (SMEs) through the Bank of Industry (BOI). The fund will be accessed through authorized…
- 15 Jun 2016
Providus Bank Gets Commercial Banking Licence from CBN
Providus Bank Plc has been granted a commercial banking licence with regional authorisation by the Central Bank of Nigeria (CBN), according to information on the apex bank’s website on Tuesday.…
- 13 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…
- 9 Mar 2021
Firm Asks Court to Freeze SAP Accounts over Alleged Contract Breach
B4G Consulting Ltd has asked a Lagos State High Court to restrain Systems Applications Products (SAP) from dissipating $3,371,945.27 and N5mllion with 28 Respondents including the Central Bank of…
- 6 Mar 2015
GTBank Declares Profit Before Tax of N116.39Bn for 2014
Guaranty Trust Bank plc, foremost African Banking Group, has released its audited financial results for the year ended December 2014 to the Nigerian and London Stock Exchanges. A review of the…
- 13 Jul 2016
GTBank Win Bank in Nigeria, Best Digital Bank in Africa @ Euromoney Awards
Guaranty Trust Bank plc, foremost African financial institution; reaffirmed its position as a leading global brand with its recent recognition as the ‘Best Bank in Nigeria & Best Digital Bank in…
- 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…