Tag: GTB

GTBank website outage due to domain name issue, not hack
News

Court adjourns GTB Vs Afex contempt suit to June 27

The Federal High Court in Lagos, on Thursday, scheduled a hearing for June 27, 2024, in the contempt suit filed by Guaranty Trust Bank Plc against the directors of AFEX Exchange Commodities Limited over a N17.81 billion loan. Justice Chukwujekwu Aneke, who presided over the court, set the date after hearing the arguments and submissions […]

Banking

GTB customers lament bank app, USSD failure

Network failure is causing customers of Guaranty Trust Bank in Nigeria to face difficulties, and transactions can no longer be made through the bank’s app, USSD, or point-of-sale terminal. It is observed there remains a network problem that began on Wednesday, April 4, 2024 and has not yet been resolved at the time of filing […]

Guaranty Trust Bank issued an apology to its clients on Saturday in response to their displeasure following a recent update to the GTWorld mobile banking app.
Banking

GTBank apologizes to consumers, offers alternative

Guaranty Trust Bank issued an apology to its clients on Saturday in response to their displeasure following a recent update to the GTWorld mobile banking app. In light of disruptions to the bank’s digital operations, GTBank customers reported dissatisfaction with the use of the bank’s mobile app on Friday. The situation changed as a result of […]

A former Group Managing Director of the Nigerian National Petroleum Corporation, Andrew Yakubu
Uncategorized

Ex-NNPC GMD sues EFCC, others over withheld $9.8m

A former Group Managing Director of the Nigerian National Petroleum Corporation, Andrew Yakubu, has sued the Economic and Financial Crimes Commission, the Central Bank of Nigeria, and Guarantee Trust Bank for allegedly refusing to release his $9.8 million, despite a court ruling in his favour. The News Agency of Nigeria reported that Yakubu was represented […]

Logo of Guarantee Trust Bank
Business

Naira crisis: GTB customers lament transfer, debit error

Customers of one of the leading African banks, Guaranty Trust Bank, have been lamenting on social media after series of transfer failures and debit errors. AMBusiness reports that many of the bank’s customers expressed their frustration by flooding Twitter with many complaints tagged to the official Twitter page of GTB. This publication recalls that the […]

How Nigerian banks performed first half of 2022
Banking

Zenith, GTB, others record ₦500bn after tax profit

Zenith Bank takes the lead as the Nigeria Exchange posted N501.13 billion after tax profit of 13 banks in the first six month of 2021. The record showed a 13.1 per cent increase compared to the N443.17 billion recorded in the corresponding period in 2021, according to Nairametrics.   Taking a cue from the financial […]

Banking

10 bank directors share N6.9bn allowance

Ten bank directors have shared N6.96bn executive compensation, fees and sitting allowances. The amount represents an increase of 3.32 per cent from the N6.74bn the directors received in 2020. United Bank for Africa Plc, Zenith Bank Plc, FBN Holdings and Guaranty Trust Holding Company Plc. Union Bank for Nigeria Plc, Stanbic IBTC Holdings Plc, FCMB […]

Banking

10 banks raked in N1.57tn interest income in 2021 – Reports

Ten Deposit Money Banks in Nigeria earned a total of N1.57tn in net interest income last year, up from N1.49tn as of December 31, 2020. They are Union Bank Plc, Stanbic IBTC, Fidelity Bank Plc, Sterling Bank, Wema Bank, First City Monument Bank, Access Bank Plc, Guaranty Trust Bank, United Bank of Africa and Zenith […]