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GTBank Releases 2017 Half Year Audited Results... Reports Profit before Tax of ₦101.1Billion

GTBank Releases 2017 Half Year Audited Results... Reports Profit before Tax of ₦101.1Billion

Lagos, Nigeria – August, 2017 Guaranty Trust Bank plc has released its audited financial results for the half year ended June 30, 2017 to the Nigerian and London Stock Exchanges. A review of the half year performance, shows positive growth across all key financial metrics and improved strategic positioning of the brand. Gross earnings for the period grew by 2% to ₦214.1billion from ₦209.9billion reported in the June 2016; driven primarily by growth in investment securities income as well as income from risk assets. Profit before tax stood at ₦101.1billion, representing a growth of 18% over ₦85.69billion recorded in the corresponding period of June 2016.The Bank’s loan book dipped by 6% from ₦1.590trillion recorded as at December 2016 to ₦1.491trillion in June 2017 and customer deposits decreased by 1% to ₦1.966trillion from ₦1.986trillion in December 2016. The Bank closed the half year ended June 2017 with Total Assets and Contingents of ₦3.75trillion... Read More

 

17th February, 2014

 

Ndani TV will present the first edition of the annual #YTech100 - 100 of Nigeria’s most innovative at Social Media Week, Lagos 2014. The 100 will be hosted at an invitation only event on Friday, 22 February 2014 at Four Points by Sheraton, Lekki, Lagos.

“We are excited to host the brightest and best in the Nigerian technology eco-system,” said Jade Osiberu, who heads Ndani TV. “These are some of the leading lights in the country in terms of innovation, thought-leadership and trendsetting, as well as those driving development and growth in this crucial sector. We are proud to lead at the intersection of media and technology and to be part of supporting that community.”

The event will spotlight influential technology leaders from Konga to Jumia, iROKO to Jobberman, as well as emerging visionaries from innovation hubs including the Co-Creation Hub, the Wennovation Hub, Capital Square and SPARK.

#YTech100 will hold as one of the major highlight of Social Media Week Lagos 2014 and will spotlight ideas, vision and impact of this sector as well as drive interaction on the factors that have helped leverage opportunities and potential in the local and international markets.

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“Many of these trailblazers have been guests on Digits, our show dedicated to the businesses and visionaries that define the Tech space in Nigeria,” said Olaitan Adegoke, producer of the show. “We are glad to have them all together in one space – as we advance the kind of interaction that leads to even greater impact.”

This event is hosted by Y!/YNaija.com and presented by Ndani TV. For more information, kindly visit http://www.ynaija.com and http://www.ndani.com/blog

About Ndani                                                                                                           

Ndani is Swahili for ‘inside’ and represents our one singular proposition: to take you inside Africa. From Kenya’s own Silicon Valley, the beautiful South African coats, to Nigeria’s vast entertainment landscape, let Ndani take you on a journey into the depths of Africa, unveiling the beauty inside. Discover the best of Africa’s neo soul on Ndani Sessions.

On The Juice, Toolz interviews the hottest names on the African music scene and the continent’s future business tycoons share secrets learnt on their challenging, yet rewarding journeys to success and recognition on Young CEO’s.

Ndani will feature the best of New Nollywood as well as the classics. With exclusive interviews and backstage access to Africa’s largest fashion events, features on the continent’s most beautiful destinations and the most exciting sport interviews and analytics, Ndani TV will be the purveyor of Pan African taste and the #1 online destination for premium African business, entertainment and travel content.

 

Source: www.modernghana.com

 

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