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.
GTCO
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.