• What other billionaires could learn from Tony Elumelu’s Man Kennedy Uzoka is a dandy soul. Beneath his expensive suits and unassuming demeanour lies a posh and groovy character. But despite his inclinations for luster, he understands that vanity is the ugliest armour a Midas could wear hence he aspiresRead More →
Following the JUSUN strike, Access bank awaits Appeal court to fix date for the hearing of appeal filed against N100million judgement awarded in favour of His Royal Majesty Oba (DR) Adedapo Adewale Tejuosho and against Access bank by a Federal high court in Lagos. The judgment sum of N100 millionRead More →
The Guaranty Trust Bank Plc (GTBank) and its managing director, Mr. Segun Agbaje, are under investigation by the Police Special Fraud Unit (PSFU) for an alleged $667,000 fraudulent transaction carried out in the bank. According to BusinessLive the police dragged the bank and two others before a federal high courtRead More →
Guaranty Trust Bank plc has released its audited financial results for the half-year ended June 30, 2020, to the Nigerian and London Stock Exchanges. The half-year result reflects GTBank’s leading position as one of the best managed financial institutions in Africa. The Bank’s loan book grew by 8.1% from ₦1.502trillionRead More →
Just like yesterday when he became first the acting Managing Director of the bank in April of 2011, when he had to step in gallantly to take charge when the then ailing MD, Tayo Aderinokun had to go on compulsory sick leave as he battled cancer then, complications from whichRead More →
A seeming board room crisis that may rock Guaranty Trust Bank Plc (GTBank) to its foundation is currently brewing in the bank. BusinessLive learnt that the internal unrest borders on the succession of the current managing director and chief executive of the bank, Mr. Segun Agbaje, whose tenure ends inRead More →
The management of Guaranty Trust Bank (GTBank) has been caught in a new net of controversy. The awkward situation derives from the preparations for a switch over in managerial directorship, aka Segun Agbaje’s pending retirement. According to the trending gist, GTBank’s Board of Directors refused and rejected Agbaje’s nomination forRead More →
-Why the Bank Depends on Lagos State Government Account It was in September 2018 that the operating license of the now defunct Skye Bank Plc was revoked. And Skye Bank was renamed Polaris Bank Limited. Mr. Adetokunbo Mukhail Abiru who had been appointed by the Central Bank of Nigeria (CBN)Read More →
Access Bank Plc has commenced an exclusive discussion towards full acquisition of Cavmont Bank Limited, a Zambia-based financial institution. Access Bank is seeking to consummate the acquisition through its Zambian subsidiary, Access Bank Zambia Limited. In a regulatory filing at the Nigerian Stock Exchange (NSE), Access Bank stated that itRead More →
…How he is fighting high profile debtors head on The clock is fast ticking. Years have gradually thinned into months and now, weeks. By 2021, Segun Agbaje would statutorily cease to be the Group Managing Director/Chief Executive Officer of Guaranty Trust Bank. This is based on a Central Bank ofRead More →
