Tag Archives: GTB

Sealing Of GTB Branches A Victory For Rule Of Law–Activists

Tayo Olanipekun The Civil Rights Realisation and Advancement Network (CRRAN) has described the sealing of some branches of the Guarantee Trust Bank (GTB) by Innoson Motors as “a good one for the development of law in Nigeria.” CRRAN said business corporations in Nigeria have always believed that they are “separate entities not subject to the Rule of Law and the …

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National Identity Number Centre Where Nigerians Pick Numbers By 6am

A reporter’s two-days experience at the National Identification Number Lagos headquarters Dayo Emmanuel NIN SLIP IS FREE. ENROLLMENT IS FREE. CARD COLLECTION IS ALSO FREE. This is the message that welcomes visitors to the building housing the headquarters of the National Identification Number (NIN) centre at Ikeja, Lagos. The facility utilized by the Ministry of the Interior is large enough …

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Interswitch, Microsoft Partner On Blockchain Technology In Nigeria

Interswitch Group has announced the launch of its innovative blockchain-based supply chain financing service, in partnership with Microsoft. The initiative brings together entrepreneurs, major financial institutions and corporate organisations, all on a single platform to provide end-to-end visibility that will ensure fast and seamless trade financing in supply chain operations. Interswitch Blockchain Service (Supply Chain Finance Module), built and hosted …

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Revenue Collection: Lagos Bans Cash Payment

Lagos State will no longer accept cash payment in revenue collection effective from March 1, 2018, Governor Akinwunmi Ambode has said. He made this known on Monday after he paid his Land Use Charge, at the Opebi branch of Guaranty Trust Bank (GTB) in the presence of top management staff of the bank. Governor Ambode said the measure was aimed …

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Panic as GTB Customers Experience Difficulty With Transaction

GTB

There has been panic since Wednesday morning as customers of Guaranty Trust Bank (GTB) around the Lagos metropolis have been experiencing difficulties in transaction. One of the bank’s customers around Abule Egba area of Lagos told National Wire this afternoon that customers have besieged the bank due to some rumour making the rounds that the bank is having problems with …

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Banking Stocks ahead as Stock Market closes on positive note

Nigerian Stock Exchange closed trading on a positive note Friday as all share index rose 1.66%. Market capitalization at the close of trading was N12,725,510,339,197.47. After trading today, All Share Index was 36,920.56 up 1.66%. Market capitalization closed at N12.7 trillion and volume of shares traded was 236,619,367.00 units in 3,803.00 deals. A value of N4,807,693,729.28 Stocks were traded on the floor. …

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GTB, FirstBank, UBA Show Evidence of Funding SMEs, Readmitted into FX Market

Guaranty Trust Bank (GTBank) Plc, FirstBank and United Bank for Africa (UBA) Plc wednesday were readmitted into the spot and wholesale forwards segment of the foreign exchange market by the Central Bank of Nigeria (CBN) after the three lenders were able to provide the banking system regulator with evidence that they had been selling FX to Small and Medium Scale …

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