Tag: GTBank

GTBank, Mainstream Energy seal $170m financing facility

mainstream Energy Solutions Limited has signed a $170m medium-term syndicated acquisition facility to part-finance the concession of the Jebba Power Station and Kainji Power Station, both of which are owned by Kainji Hydro Electric Plc. The syndication, which was carried out on Friday, was fully underwritten by GTBank, which also […]

GTBank Acquires 70% Stake in Offshore Bank

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Guaranty Trust Bank Plc (“GTBank”) Tusday announced it has acquired a 70 percent (70%) stake in Fina Bank Limited,  (“Fina Bank”) .   Fina Bank in a notice to the Nigerian Stock Exchange (NSE) said it has reached an in-principle agreement for the acquisition by […]

Zenith, GTBank, ETI Top List of High Paying Dividend Banks

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Zenith International Bank Plc, Guaranty Trust Bank Plc (GTBank) Plc and Ecobank Transnational Incorporated (ETI) are amongst the high paying dividend banks so far for year 2012 audited period. Corporate actions update 2013 to date from investment research firm, Afrinvest West Africa Limited and made […]