GTCO targets 15% dividend yield, 25% ROE after landmark London listing
Guaranty Trust Holding Company (GTCO) is targeting a minimum dividend yield of 15% and a return on equity (ROE) of at least 25%, according to Group CEO Segun Agbaje, following the bank’s landmark dual...
View ArticleNigeria’s pension fund assets hit N24.10 trillion in May 2025 amid strategic...
Nigeria’s pension industry sustained its upward trajectory in May 2025, as total pension fund assets rose to N24.10 trillion, reflecting a 1.91% month-on-month growth from N23.65 trillion in April....
View ArticleGTCO lists 2.28 billion Public Offer shares on NGX after London debut,...
Guaranty Trust Holding Company Plc has announced the listing of an additional 2,288,250,000 ordinary shares of 50 kobo each on the Nigerian Exchange (NGX) as part of a dual public offer. The update was...
View ArticleGTCO targets East Asia expansion, no plans for US
Guaranty Trust Holding Company (GTCO) is turning its gaze eastward and not toward Wall Street. Fresh off its dual listing on the London Stock Exchange, the Nigerian financial group said it is quietly...
View ArticleHow to earn stable returns with fixed income ETFs in the U.S. market
With Fixed Income, you know exactly how much you will earn in yield terms when you invest. The post How to earn stable returns with fixed income ETFs in the U.S. market appeared first on Nairametrics.
View ArticleBitcoin blasts past $118K, short sellers lose $1.25 billion
Bitcoin struck past $118K on Friday morning, posting a new all-time high. The post Bitcoin blasts past $118K, short sellers lose $1.25 billion appeared first on Nairametrics.
View ArticleDMO debunks N611 billion debt claim, confirms actual March 2025 bond service...
The Debt Management Office (DMO) has debunked claims that the Federal Government of Nigeria (FGN) spent N611.71 billion to service a domestic US Dollar-denominated bond in March 2025. The post DMO...
View ArticleUBA, three other heavyweights drive explosive rally as All-Share Index eyes...
The Nigerian stock market, tracked by the All-Share Index, extended its winning streak to seven sessions on Thursday, July 10, 2025. The post UBA, three other heavyweights drive explosive rally as...
View ArticleChapel Hill’s Debt Fund to pay N5.20 per unit to holders after N11.7 billion...
Chapel Hill Denham has declared an income distribution of N5.20 per unit for its Nigeria Infrastructure Debt Fund, payable to qualified unitholders. The post Chapel Hill’s Debt Fund to pay N5.20 per...
View ArticleTop 10 Consumer Goods companies with the highest gains on the NGX in H1 2025
In the first half of 2025, the consumer goods sector emerged as the strongest performer on the Nigerian Stock Market, surging by 52.21% and pushing the banking sector to second place with an 18.06%...
View ArticleNaira strengthens to N1,550/$ in parallel market; here’s why it’s gaining
The exchange rate closed the week with a mixed performance, as the naira recorded a slight depreciation in the official market but strengthened on the parallel (black) market. The post Naira...
View ArticleWhy companies scramble to offer Commercial Papers in H1 2025 – Optimus MD,...
Ayodeji Ebo, Managing Director of Optimus by Afrinvest, has attributed the recent surge in commercial paper (CP) issuances to the high cost of borrowing from banks. The post Why companies scramble to...
View ArticleGeregu Power reports N13 billion Q2 2025 profit, up 61% YoY, beats Q2 forecast
Geregu Power Plc has released its unaudited interim financial statements for the second quarter ended June 30, 2025, reporting a pre-tax profit of N13.297 billion, representing 61.14% year-on-year...
View ArticlePump.fun raises $600 million in 12 minutes as memecoin craze heats up again
Blockchain platform Pump.fun pulled off one of the largest-ever crypto token sales, raising a staggering $600 million in just 12 minutes over the weekend, in yet another sign that the memecoin frenzy...
View ArticleWeekly Market Wrap: Banks drive the Nigerian stock market to a 7-week winning...
The Nigerian stock market wrapped up the trading week ended July 11, 2025, on a strong note, as the All-Share Index (ASI) surged by an impressive 5,159.93 points, representing a 4.26% gain. The post...
View ArticleBitcoin soars past $121K, smashing records with no end in sight
Bitcoin surges past $121K, hitting a new all-time high with a 24-hour increase of 1.76%. The post Bitcoin soars past $121K, smashing records with no end in sight appeared first on Nairametrics.
View ArticleLivingTrust grows half-year profit by 32.8% on N2 billion interest income,...
LivingTrust Mortgage Bank has published its half-year financial results for the period ended June 30, 2025, posting a pre-tax profit of N562.5 million. The post LivingTrust grows half-year profit by...
View ArticleSEPLAT tops trading value as All-Share Index hits N80 trillion; ACCESSCORP...
The All-Share Index began the trading week on a positive note, rising by 539.95 points to close at 126,689.54 on Monday, July 14, 2025. The post SEPLAT tops trading value as All-Share Index hits N80...
View ArticleNigeria’s listed insurance companies are having their best run in years –...
Nigeria’s top listed insurance firms are in the middle of what could be described as their most profitable period in over a decade, buoyed by a mix of rising interest rates, regulatory enforcement, and...
View ArticleCrypto regulations in Nigeria; these businesses may not survive
Experts have identified four categories of players now recognized under Nigeria’s Investment and Securities Act (ISA) of 2025, which officially classifies cryptocurrency as an asset class in the...
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