- Guaranty Trust Holding Company has reported a profit after tax of N1.08 trillion in the first nine months of 2024
- Data from the Nigerian Exchange Group (NGX) shows that the bank’s interest grew by 161% to N980 billion
- The report also added that net loans and customer advances rose 21.8% in the first nine months of 2024
Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.
Guaranty Trust Holding Company has reported a profit after tax of N1.08 trillion in the first nine months of 2024, mostly from interest income.
Data from the Nigerian Exchange Group (NGX) shows that the bank’s interest grew by 161% to N980 billion, relative to N374.5 billion recorded in the same period in 2023.
Interest income experiences a surge
The rise in interest income is due to increased average earning …