Inside HabariPay’s Growth: How GTCO is Dominating Nigeria’s Payment Infrastructure

Guaranty Trust Holding Company ’s (GTCO) H1 2026 financial results reveal a profound shift in the competitive dynamics between traditional banks and nimble fintechs. While the broader banking group reported an impressive ₦603 billion in profit before tax, the most revealing narrative emerges from its payments subsidiary, HabariPay. The subsidiary’s aggressive growth underscores how the fintech battleground in Africa has moved beneath customer-facing applications and squarely into foundational pa