GTBank’s CEO, Segun Agbaje, Makes N267.3 Million in Just Four Days as GTCO Shares Skyrocket

Segun Agbaje, the highly respected Group Chief Executive Officer of Guaranty Trust Holding Company Plc (GTBank), has witnessed an extraordinary surge in his wealth.

Over the course of just four days, Agbaje managed to rake in a staggering N267.3 million as the value of GTCO shares soared to new heights.

The Nigerian stock market was abuzz with excitement as data obtained from the Nigerian Exchange Limited (NGX) revealed a remarkable 8.71% increase in the value of GTCO shares during the trading period from Monday, May 15, 2023, to Thursday, May 18, 2023. Starting the week at N24.1 per share, GTCO shares experienced an upward trajectory, culminating in a closing price of N26.2 per share by Thursday, May 18.

As one of the major shareholders of GTBank, with a significant stake of 126.9 million (126,960,152) shares, both directly and indirectly, Agbaje’s stock value stood at N3.05 billion on Monday. However, by Thursday, it had skyrocketed by an impressive N33.2 billion, resulting in a handsome windfall of N266.6 million within just four days.

About Segun Agbaje

Segun Agbaje is a prominent figure in the Nigerian banking industry, serving as the Group Chief Executive Officer of Guaranty Trust Holding Company Plc (GTCo). With his exceptional leadership skills and strategic vision, Agbaje has steered GTCo to remarkable heights of success.

Known for his unwavering commitment to excellence, Agbaje has played a pivotal role in shaping GTCo into one of Nigeria’s leading financial institutions. Under his guidance, GTCo has consistently achieved impressive financial results and garnered recognition for its innovative products and services.

Agbaje’s wealth of experience in the banking sector, coupled with his strong business acumen, has earned him a reputation as a respected and influential leader. He is admired for his ability to navigate challenges and adapt to the dynamic nature of the industry.