Search
Login
North Africa
Central Africa
East Africa
West Africa
Southern Africa

Nigeria’s GTBank Group to Raise $337.46m for Expansion

Subscriber only Subscriber only
Breaking News
© Allen Dreyfus

Vincent Nwanma

Vincent Nwanma is a seasoned analyst, columnist, and reporter with over 30 years of experience in business and economics journalism across Nigeria and Africa.
  • GTCO plans to raise N500 billion for technology investments, new subsidiaries, and recapitalisation
  • Offering to be split into Nigerian and international tranches

 

Lagos, Nigeria – Guaranty Trust Holding Company Plc (GTCO), one of Nigeria’s leading banking groups, announced plans to raise N500 billion (approximately $337.46 million) to support its growth and expansion initiatives Wednesday.

You need an active subscription to continue reading this article.

Free Trial

Recent Business

Farm export. Photo by Soo Ann Woon @ Unsplash
South Africa’s farm exports to US jump despite tariff threat
20/08/2025
4 hours ago
Eric Kasongo
Read More »
Roundabout in Yaounde, Cameroon @ Pexels
Cameroon seeks $1.7 billion in fresh borrowing to cover fiscal gap
20/08/2025
6 hours ago
Justice Nwafor
Read More »
Ecobank building @ Pexels
Is Ecobank’s AI bet paying off as Nedbank exits and Nkontchou doubles down?
20/08/2025
8 hours ago
Nii Sarpei Ntreh
Read More »
Stay ahead with Real time Updates

Recent Politics

Photo by Omotayo Tajudeen © Unsplash /Nigeria
Nigeria arrests Al-Qaeda-linked rebels disrupting food supply
18/08/2025
2 days ago
Dulue Mbachu
Read More »
Kenya youth protest @ Unsplash
Kenya’s Gachagua cuts short U.S. trip as political feud with Ruto heats up
18/08/2025
2 days ago
Wanderi Kamau
Read More »
Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Is U.S.-Kenya tension over Sudan rebel links really about China?
13/08/2025
1 week ago
Wanderi Kamau
Read More »

Latest Posts

Latest news insights

Farm export. Photo by Soo Ann Woon @ Unsplash
Read More »
South Africa’s farm exports to US jump despite tariff threat
Roundabout in Yaounde, Cameroon @ Pexels
Read More »
Cameroon seeks $1.7 billion in fresh borrowing to cover fiscal gap
Ecobank building @ Pexels
Read More »
Is Ecobank’s AI bet paying off as Nedbank exits and Nkontchou doubles down?
Palm oil stall by roadside. Photo by Chris Wade @ Pexels
Read More »
Nigeria’s Presco wins approval for $172mn palm oil acquisitions in West Africa
Roundabout in Yaounde, Cameroon @ Pexels
Read More »
Cameroon seeks $1.7 billion in fresh borrowing to cover fiscal gap
Ecobank building @ Pexels
Read More »
Is Ecobank’s AI bet paying off as Nedbank exits and Nkontchou doubles down?
Palm oil stall by roadside. Photo by Chris Wade @ Pexels
Read More »
Nigeria’s Presco wins approval for $172mn palm oil acquisitions in West Africa
Morocco @ Pexels
Read More »
Morocco inflation eases in July as food prices fall
Ecobank building @ Pexels
Read More »
Is Ecobank’s AI bet paying off as Nedbank exits and Nkontchou doubles down?
Palm oil stall by roadside. Photo by Chris Wade @ Pexels
Read More »
Nigeria’s Presco wins approval for $172mn palm oil acquisitions in West Africa
Morocco @ Pexels
Read More »
Morocco inflation eases in July as food prices fall
Forex trading | Photo by Jason Briscoe @ Unsplash
Read More »
Ghana to regulate $6.6 trillion forex market with new rules