-+ 0.00%
-+ 0.00%
-+ 0.00%

Guaranty Trust Initiates NGN10 Billion Private Placement

MT Newswires·12/30/2025 23:54:11
Listen to the news
11:54 PM EST, 12/30/2025 (MT Newswires) -- Guaranty Trust Holding Co (GTCO.L) said Wednesday it plans to raise up to 10 billion Nigerian naira through a private placement of new shares. The placement will include 125 million shares priced at 80 naira apiece. Closing will take place on Wednesday, subject to all required approvals. The financial services group already secured approval from its board, the Central Bank of Nigeria, and the Securities and Exchange Commission for the placement.