Sunday, May 21, 2023

How Segun Agbaje, Group CEO of GTCO Became N267.3 Million Richer


Segun Agbaje, the CEO of GTbank, has seen his wealth increase by over N266 million in four days The wealth increase is thanks to thanks to the excellent performance of his investments in GTB GTbank, through its parent company, is one of the 13 banks listed on the Nigerian Exchange.

Segun Agbaje, the Group Chief Executive Officer of Guaranty Trust Holding Company Plc (the parent company of GTBank), has become N267.3 million richer. The substantial financial gain resulted from the soaring value of the GTCO shares after four days of trading on the stock market.

Data obtained from the Nigerian exchange limited(NGX) showed that during the trading period from Monday, May 15, 2023, to Thursday, May 18, 2023, GTCO shares increased by 8.71%.

GTCO shares opened the week trading at N24.1 per share, but as of Thursday, May 18, it has increased to N26.2 per share. As a result, Agbaje, one of the bank's major shareholders, reaped substantial profits from the surge in stock prices. 

Agbaje, a highly respected and influential figure in the Nigerian banking industry, has consistently guided GTbank towards success during his tenure as CEO.

Source: LegitNG

No comments: