Guaranty Trust Holding Company, a prominent financial institution in Nigeria known for its digital banking solutions and innovative financial products.
Follow the Money (Wrapped): Tax laws, ATMs’ return, and where money went in 2025
Remote workers in Nigeria will be taxed starting January 2026, with personal income tax applicable to both local and foreign earnings. Crypto profits will be taxed from 2026, with a 10% tax on gains, while losses will not be considered.
“Transfers will be the future”: GTCO’s HabariPay expands fintech push with new licences
GTCO launched Habari, a super-app, in 2018 to compete with fintechs but struggled to attract users. In 2022, GTCO pivoted to launch HabariPay Limited, focusing on payments and digital financial services.
Nigerian banking stocks surge 12.24% as lenders raise over $662 million in new capital
Nigerian banking stocks surged after major lenders raised over ₦1 trillion from the stock market. The NGX Banking Index increased by 12.24% at market close on February 14.
GTCO’s fintech HabariPay begins recovery of ₦1.1 billion sent to customers in error
HabariPay initiates legal process to recover ₦1.1 billion erroneously sent. Federal high court grants application to restrict accounts involved.
GTCO targets $750 million capital raise on NGX and London Stock Exchange
GTCO plans to raise $750 million by listing additional shares on the Nigerian and London Stock Exchange. The share sale will help the bank meet a new working capital requirement of ₦500 billion.
