Quote from Ndubuisi Ekekwe on May 4, 2024, 6:57 PM

Legendary, iconic, fantastic: "Guaranty Trust Holding Company Plc has made headlines with its remarkable financial performance, reporting an astounding 587.5 percent growth in profit before tax for the first quarter of 2024 compared to the same period in 2023...The Group's profit before tax soared to an impressive N509.3 billion, marking a significant surge from N74.1 billion recorded in the corresponding quarter of 2023. "

That is a good response to the Central Bank of Nigeria. Yes, a PBT quarterly result is well ahead of the total required recapitalization capital. In Isi Akwu Dara N'ala, Tony Ubesie called it "osisi na-ami ego" [literally, a tree (indeed a company) which produces money as leaves]. GTBank's GTCO is a rainmaker.