Nigerian banker Segun Agbaje leads GTCO to $552-million profit in H1 2024
This aligns with GTCO's ambitious target to become the first Nigerian company to achieve a $1 billion profit milestone.
GTCO
Nigerian banker Segun Agbaje-led GTCO eyes July for $329-million capital raise
The capital raise, aimed at generating N500 billion ($329.5 million) through the issuance of ordinary shares, underscores GTCO’s strategy to bolster its technological infrastructure
Nigerian banker Segun Agbaje-led GTCO gets approval for $750 million capital raise
The targeted capital will be sourced through public offerings, private placements, rights issues, and other instruments.
Nigerian banker Segun Agbaje-led GTCO reports Q1 2024 profit of $328.8 million
Building on a strong 2023 performance, with profit rising 219 percent to $470.1 million, GTCO’s first-quarter profit jumped 685.9 percent year-over-year.
Nigerian banker Segun Agbaje’s GTCO to distribute $63.8 million in dividends to shareholders
With Segun Agbaje at the helm, GTCO continues to chart a path of sustained growth and profitability in the Nigerian financial landscape.
Nigerian banker Segun Agbaje leads GTCO to $470-million profit in 2023
GTCO’s 2023 financial performance, marked by record profit, strengthens Agbaje’s leadership and cements the company’s position as a Nigerian financial powerhouse.
GTCO, led by Nigerian banker Segun Agbaje, posts $370-million half-year profit
Agbaje’s leadership has been pivotal to GTCO’s remarkable success as he continues to guide the group to new heights.
Segun Agbaje, one of Nigeria’s richest bankers, holds $1.3-million stake in PepsiCo
In addition to his stake in PepsiCo, Agbaje maintains a 0.14-percent minority stake in GTCO.
Segun Agbaje’s stake in Nigeria’s most valuable lender, GTCO, is worth $2 million
Agbaje, the group CEO of GTCO, holds a minority 0.14-percent stake in the company, amounting to a total of 41,628,001 shares.
Segun Agabaje-led GTCO becomes Nigeria’s most valuable lender, outshining Jim Ovia’s Zenith Bank
The upward trend in the lenders’ shares and market capitalization can be attributed to investors’ optimism about a potential increase in earnings and assets.
Segun Agbaje-led GTCO records $367.4-million profit in 2022
Agbaje emphasized the group’s commitment to sound business strategies and strong fundamentals.
Segun Agbaje-led GTCO reports slight rise in earnings as profit nears $300 million in 9M 2022
Earnings during the first nine months of 2022 were significantly impacted by rising operating costs and tax obligations.
Segun Agbaje-led GTCO posts lower earnings amid higher operating expenses
Agbaje holds a minority 0.14-percent stake in GTCO.
Segun Agbaje-led Guaranty Trust receives CBN approval to launch payment subsidiary
HabariPay will help expand the group’s services to largely underserved markets.