Business

gtbank careers The vulnerability of Guaranty Trust Holding Company PLC (GTCO) to scams heightened in the year 2022, as the rate of fraud went up by 84.54 per cent to 27,725 cases from 15,024 in 2021, according to data obtained from the company’s audited 2022 financial statement, BusinessLive writes. Guaranty Trust Bank Limited, the banking subsidiary of the GTCO is ...

Newsmaxngr gathered that Multichoice has announced that the upward review of DStv and GOtv packages was due to the rising costs of business operations. The new rate which will begin from May 1, 2023, was announced in a text message to its customers. The company said the upward review of DStv and GOtv packages was due to the rising costs ...

The third annual Africa.com Definitive List of Women Chief Executive Officers (CEOs) was revealed on April 19. Nneka Onyeali-Ikpe, Managing Director/CEO, Fidelity Bank Plc and Miriam Chidiebele Olusanya, Managing Director, Guaranty Trust Bank made the top 10 list. Both companies are listed on the Nigerian Exchange Limited (NGX). The list is unique in that it is based on data-driven research. ...

First Bank of Nigeria Ltd., has announced a phased corporate name change of its subsidiaries in the United Kingdom and Sub-Saharan Africa. Mrs Folake Ani-Mumuney, Group Head, Marketing and Corporate Communications, FirstBank, said this in a statement in Lagos. The statement said that the name change was implemented to align the subsidiaries with the parent brand and to enjoy the ...

GTCO one of the suffering Nigerian banks have once again failed its customers as network totally collapsed on Easter Sunday. Many customers experienced great difficulties while trying to transact on the Gtbank app, thereby making it a worst easter holiday for most of their customers. According to reportsa a total of 32,992 fraud cases were perpetrated through the financial system ...

Loan apps on Google Play Store will be restricted from gaining access to their users’ contacts or photos from May 31, 2023. This came as the Federal Government said it would enforce the latest policy by Google, saying the action was consistent with the Nigerian authorities’ move to curtail the invasion of customers’ privacy by loan app firms. It will ...

Sterling Bank Plc, has announced that it has now completed a significant milestone in its on-going transformation to a financial holdings company with the delisting, transfer, and re-listing of all shares to the Sterling Financial Holdings Company on the floor of the Nigerian Exchange. The relisting signifies another major development in the ongoing transition, as unanimously approved by its shareholders. ...

Access Holdings Plc has announced its completion of a $300 million capital investment into its flagship subsidiary, Access Bank, the proceeds of which will supplement the capital needs of its African expansion strategy. In a statement released on Tuesday, Access Holdings said part of the $300 million was to boost Access Bank’s total capital ratios. According to the lender: “Over ...

  Justice P. I. Ajoku of the Federal High Court sitting in Port Harcourt, Rivers State has remanded Fasiku Olusegun Rapheal, a banker and former staff of First City Monument Bank, FCMB in custody for alleged stealing and currency counterfeiting to the tune of Twenty-Three Million, Five Hundred Thousand Naira (23,500,000.00). The defendant was arraigned by the Port Harcourt Zonal ...

Sterling Bank Plc, has just announced that it requires a short extension outside the deadline for filing its Annual Financial Statements (AFS) for the year ended 31st December 2022. This was contained in a copy of the bank’s letter to the Nigerian Exchange (NGX) filed on the 29th of March, 2023. Company Secretary and Chief Legal Officer, Ms. Temitayo Adegoke, ...