FirstBank of Nigeria & GTCO Group
8 shared events · Importance 3 · Last updated Aug 17, 2026
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Business
FirstBank of Nigeria: As a participating bank, First Bank provides capital and gains exposure to oil and gas contractor financing, enhancing its lending portfolio.
GTCO Group: Participating in the facility, GTBank contributes capital and benefits from structured lending to indigenous contractors.
Jul 02, 2026 · 24 articles
Tech
FirstBank of Nigeria: First Bank leads in total transaction volume on the NPS, demonstrating early adoption and strong customer engagement. This positions the bank favorably in the modernized payment landscape.
GTCO Group: As an early adopter, GTCO Group is contributing to network scale and will benefit from the improved payment infrastructure.
Aug 11, 2026 · 7 articles
Regulatory
FirstBank of Nigeria: Parent of FBNQuest and First Trustees, First Bank is indirectly affected through its subsidiaries' exposure to Nestoil's debt.
GTCO Group: As a consortium member, GTBank received part of the recovery and continues to pursue full repayment.
Aug 17, 2026 · 6 articles
Business
FirstBank of Nigeria: As the parent entity of FirstHoldCo, FirstBank of Nigeria is a key beneficiary of the group's market valuation surge, reflecting improved financial health and investor confidence in its operations.
GTCO Group: GTCO is among the top banking stocks on the Nigerian Exchange, but its valuation is lower than FirstHoldCo's, indicating the latter's dominance in the sector.
Aug 03, 2026 · 7 articles
Business
FirstBank of Nigeria: FirstBank of Nigeria is a participating bank, receiving remittance inflows through the partnership.
GTCO Group: GTBank is a participating bank, benefiting from the partnership's remittance volume.
Jul 09, 2026 · 6 articles
Accidents
FirstBank of Nigeria: As a respondent, FirstBank of Nigeria is subject to the freezing order and must comply with disclosure requirements.
GTCO Group: As a respondent, GTCO Group is subject to the freezing order and must comply with disclosure requirements.
Aug 17, 2026 · 6 articles
Regulatory
FirstBank of Nigeria: FirstBank of Nigeria is one of the companies in which Chukwunyere Nwabuoku held forfeited stocks.
GTCO Group: GTCO Group (GTCO) is one of the companies in which Chukwunyere Nwabuoku held forfeited stocks.
May 13, 2026 · 10 articles
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