Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ended June 30, 2022, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦103.2billion, representing an increase of 11.0% over ₦93.1billion recorded in the corresponding…
Guaranty Trust Holding Company (GTCO) Plc is the best dividend paying company in Nigeria, as investors are getting back more for each Naira they invest in the equity position. The lender’s stock has a dividend yield of 17.18 percent, which is higher than United Bank for Africa’s, (14.18%); Zenith Bank, (14%); AXA Mansard, (13.89%); United Capital, (12.61%);…
In a bid to keep inspiring Nigerians to develop a healthy savings culture, Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, held its seventh Reward4Saving promo draw at its head office on Monday, 08 July 2022. The July draw is the fourth of the second season of the promo and the seventh since inception.…
With four branches already booming and servicing its teeming customers, novel Superstore, Old English Supermarket has opened another outlet. This is to further realise its aim of becoming the superstore of choice of millions of upwardly mobile Nigerians. Old English Supermarket founded a couple of years ago, is a rare combination of visionary enterprise, diligent…
As the world moves toward more mobile POS and contactless payment options, we saw the need to create an affordable and reliable payment solution that all kinds of businesses can take advantage of — whether micro, small or large. Therefore, SquadPOS was created — to make receiving payments quicker, easier, and more reliable, so that…
Welcome to a new world of business banking! A world where you can start receiving payments even if you are not a registered business. A world where you can have more than one business account controlled from one place. We are pleased to introduce to you Squad, a payment solution powered by GTCO that enables…
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, held its Cyber security webinar recently themed “How Secure Are You Online?” The virtual session tackled prevailing issues around cyber security as well as answered pertinent questions on the safety of financial transactions online. It also emphasised the importance of cyber security while carrying out…
The Nigerian private sector remained in growth territory at the end of the second quarter, although recent challenges around cash shortages led to weaker new order growth and a renewed decline in output. As a result, business conditions improved at the weakest rate for almost a-year-and-a-half. Companies responded by raising their staffing levels, purchases and…
To mark the United Nation’s Micro, Small and Medium-sized Enterprises (MSME) Day, and the vital role these enterprises play in post-pandemic recovery, Emirates is empowering MSMEs to seek growth opportunities with an attractive incentive for new members who enrol into the Emirates Business Rewards programme. With SMEs accounting for over 70% of total employment, Emirates…
As part of efforts to continually advance women entrepreneurs in Nigeria, Stanbic IBTC Holdings PLC, a member of Standard Bank Group has called on women to engage in wealth building investments for the collective progress of their finances and businesses. This was disclosed at the Women in Management, Business and Public Service (WIMBIZ) June 2022…