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    MarketForces Africa » MarketNews » GTCO Rises by 6.53% to N2.116 Trillion

    GTCO Rises by 6.53% to N2.116 Trillion

    Olu AnisereBy Olu AnisereMarch 25, 2025Updated:March 25, 2025 MarketNews No Comments1 Min Read
    GTCO Rises by 6.53% to N2.116 Trillion
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    GTCO Rises by 6.53% to N2.116 Trillion

    Guaranty Trust Holding Company (GTCO) Plc. attracted investors’ attention in the equities segment of the Nigerian Exchange on Monday, driving the banking index higher on the day with 6.53% capital appreciation.

    The financial services group share price surged to N62 in the equities market as 6.758 million shares valued at about N418 million exchanged hands.

    The latest share price surge marked the peak level attained by GTCO in the last seven trading sessions in the stock market.

    The most capitalised banking group had doubled down on its 52-week low, now trading at a fair discount to its record high in the local bourse ahead of the 2024 earnings release.

    The market anticipates the release of 2024 earnings and the final dividend announcement to drive further momentum that could positively impact GTCO market value on the exchange.  #GTCO Rises by 6.53% to N2.116 Trillion FCMB Climbs as Investors Await Audited Results

    Central Bank of Nigeria GTCO Naira Nigeria
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    Olu Anisere
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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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