Tags: GTCO

Squad by GTCO: Reshaping the Nigerian Payment Space

Fragmentation in the Nigerian payment space has served more as a constraint than an enabler; Squad by GTCO positions to lead with innovation and efficiency. Without a doubt, digital payment is the next growth frontier for financial services. Amongst other extenuating factors, growing digitalisation, mobile penetration, and evolving consumer behaviour have accelerated the shift towards…

GTCO Launches Squad, The Next Generation Payment Solution for African Merchants

When it comes to internet penetration and adoption of mobile payments, most African countries are still very much below the global average. Even where the internet penetration is improving, the mobile payments adoption rate is still low, meaning an overall lag. For instance, in Kenya where mobile payment adoption is most on the continent, only…

Guaranty Trust Holding Company Plc (“GTCO Plc” or “the Group”) has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2022, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦54.3billion, representing an increase of 1.1% over ₦53.7billion recorded in the…

Guaranty Trust Holding Company Plc (GTCO), the lead sponsor of the 26th edition of the Nigerian University Games Association (NUGA), at a ceremony in Lagos, was presented the Torch of Unity by the host institution, the University of Lagos (UNILAG). The higher institutions sports fiesta begins tomorrow, March 16, 2022. There are over 5,000 athletes…

GTCO Plc Releases 2021 Full Year Audited Results, Reports Profit Before Tax of ₦221.5billion

Guaranty Trust Holding Company Plc (“GTCO Plc” or “the Group”) has released its Audited Consolidated and Separate Financial Statements for the year ended December 31, 2021, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group’s balance sheet remained well structured and resilient with total assets and shareholders’ funds closing FY 2021…

30 Teams on Parade as GTCO Lagos Int’l Polo Tournament Returns

Lagos Polo Club President, Ayo Olashoju expressed delight at the return of the month-long tournament which was preceded by qualifiers in late January. “In recent years, Lagos Polo Club is evolving. We keep showing how polo should be played in the 21st century not only in Nigeria but globally. With five teams competing in the…

GTCO Acquires Asset Management and Pension Fund Businesses

Guaranty Trust Holding Company plc (GTCO Plc) has announced that it has acquired 100% shares in Investment One Funds Management Limited and Investment One Pensions Managers Limited held by Investment One Financial Services Limited (IOFS or the Seller). IOPM is licensed by the Nigerian Pensions Commission (PenCom) to operate as a Pension Fund Administrator in…

Guaranty Trust Holding Company Plc Stages Music Concert In Ghana

Guaranty Trust Holding Company Plc, the parent company of Guaranty Trust Bank (Ghana) Ltd, holds its first-ever show outside the shores of Nigeria tagged: GTCO Music Concert: Live in Ghana! From the curators of the GTBank Fashion Weekend and GTBank Food and Drink Festival–two of Africa’s most celebrated showpiece events–comes the biggest corporate event of…