
Guaranty Trust Bank - Gtbank







The outgone year 2021 was an interesting one for Nigerian stocks investors as the market close above 60 percent year to date with investors making over N1trn.

As 2021 comes to a close the top 10 Nigerian companies with massive profit declared as been revealed led by Dangote and other companies across various sectors.

Nigerian banks continue to be a good purchase for investors hoping to profit from the Nigerian capital market, as over N150 billion was scooped yet again..

It was a bloody day for top Nigerian banks last week as they lost over N32 billion in shares. The Tier-1 banks known as FUGAZ include Zenith, Access and others.

Nigerian banks are in a mad drive for huge profits. From January to September, they made over N88 billion maintaining accounts of customers, mainly on COTs.

Nigerian banks have posted significant growth in their profit in the first nine months of 2021, with Access, Zenith, UBA making recording profit in billions

CBN had in August warn against sharp practises by some unscrupulous customers to circumvent the new policy on the sale of forex for overseas travels, business.

The eNaira is the digital form of the Fiat currency (Naira), issued by the CBN in line with Section 19 of the CBN Act. Funds on enaira are direct liability.

Working in the banking industry has its own set of benefits, which was again evident again, as 13 banks spend billions taking care of their employees in 2020.
Guaranty Trust Bank - Gtbank
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