Roosevelt Ogbonna

Guaranty Trust Holding Company Plc (GTCO) has announced a significant capital injection of N365.85 billion into its flagship subsidiary, Guaranty Trust Bank Limited (GTBank), as part of efforts to meet the Central Bank of Nigeria’s (CBN) new capital requirements for banks with international authorization. The move, disclosed in a regulatory filing on Friday and signed by Company Secretary Erhi Obebeduo, was executed through a rights issue involving the issuance of nearly 7 billion ordinary shares of GTBank to GTCO. This strategic transaction raises GTBank’s share capital from N138.186 billion to N504.037 billion, surpassing the CBN’s mandated minimum of N500 billion for internationally licensed commercial banks. Visit www.nairametrics.com to read more.

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After nearly seven years in credit risk management in Nigeria’s banking sector, Gbemisola Babafemi-Ojo, CFA, AFM, FMVA (MBA '27) decided she wanted to be more involved in helping businesses grow. And she decided the Rotman School was the place to make this pivot. Her next stop: investment banking. Her octane-fuelled career path - and some of the insights she's gained along the way - is the subject of her profile by Clear Admit, the 'leading independent resource for top-tier MBA candidates', which has featured her in its "Real Humans of Rotman School' series. Have a read: https://ow.ly/axiB50XL7IC #RotmanSchool

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Guaranty Trust Holding Company Plc (GTCO), led by Nigerian banker Segun Agbaje, has secured regulatory approvals to raise fresh capital through a private placement, signaling a measured approach to balance sheet strengthening amid tougher banking conditions. The Lagos-based financial services group has received clearance from both the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) to raise N10 billion ($6.9 million) by issuing up to 125 million ordinary shares at N80 per share. The transaction will be conducted on a best-efforts basis and is not underwritten. The capital raise forms part of a broader shareholder-approved program that allows GTCO to raise up to $750 million through equity or debt instruments, depending on market conditions. Despite a 35.5 percent drop in third-quarter profit, GTCO’s banking unit has already surpassed the CBN’s minimum capital requirement for internationally licensed banks, underscoring its resilience.

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KCB Group says the NBK sale to Access Bank awaits final approval from Nigeria’s central bank, noting the deal will only complete once all conditions in the agreement are met despite CBK and Treasury approvals.

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Nigeria’s banking sector faces a shifting outlook as a recent report by S&P Global projects tighter margins, higher capital requirements, and evolving regulatory conditions in 2026. Despite these pressures, lenders are still expected to remain profitable, supported by structural strengths such as demographics, transaction growth, and improving capital frameworks. In this interview Akin Adegoke, chief digital officer at Lotus Bank, explains how balance-sheet discipline, digital transformation, and risk-aligned pricing can help banks sustain earnings and expand market share. BusinessDay’s Chinwe Michael, brings excerpts.

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⚖️Balancing people, technology and compliance will define the future of banking in Ghana. Kingsford Arthur, Financial Services Industry Leader at PwC Ghana, shares his perspective💭: “For banks in Ghana, the way forward is to find the right balance, using automation while keeping the human touch, modernising infrastructure without sacrificing compliance, and encouraging innovation while ensuring data integrity.  It is our expectation that banks use this information to tailor their strategy across the various touch points in their digital transformation and GenAI adoption journey”.  📘Read more in our just launched Ghana Banking Survey Report: https://ow.ly/fAZC50WMRoa #GhanaBankingSurvey #GenAI #BankingInnovation #PwCGhana #FutureOfBanking

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The proposed merger between Unity Bank Plc and Providus Bank Limited has positioned the combined institution above the Central Bank of Nigeria’s new minimum capital threshold for national lenders, following overwhelming shareholder approval and key regulatory clearances that have kept the transaction firmly on course. Read more: https://lnkd.in/d4faYf6Y

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