Tag: Guaranty Trust Bank Plc

Nigeria’s GTBank Acquires 70% Stake in Kenyan Bank

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Nigeria’s Guaranty Trust Bank Plc (GTbank) Tuesday announced it has acquired 70 percent (70%) in Fina Bank Limited, Kenya with subsidiaries in Uganda and Rwanda. GTBank in a notice to the Nigerian Stock Exchange (NSE) following its letter dated July 16, 2013 informing the […]

Four banks raise N232bn from international market

Four Nigerian banks raised $1.45bn (N232bn) from the International Capital Market between January 2011 and July 2013, the Debt Management Office has said. The Director-General of DMO, Dr. Abraham Nwankwo, disclosed this in a presentation made at a one-day retreat for correspondents  in Kaduna on Friday. He said 20 companies […]

Standard Chartered, GTBank, 10 Other Banks Loan Dangote $3.3 billion on Refinery

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Standard Chartered Bank, Guaranty Trust Bank Plc (GTBank), and 10 other banks Wednesday signed off a loan deal of $3.3 billion for the proposed construction of the biggest Petroleum Oil Refinery & Petrochemical Plants in Nigeria. According to information obtained by Investdvocate, the plants, which […]