By Seun Ibiyemi The Debt Management Office (DMO) on Thursday unveiled Stanbic IBTC Stockbrokers Ltd. as the new stockbrokers of the Federal Government. This is coming after the expiration of the tenure of CSL Stockbrokers Ltd., a subsidiary of First…
Stanbic IBTC Holdings has launched its N148.7 billion Rights Issue on the Nigeria Exchange NGX e-offering platform, NGX Invest. Presented at the Facts Behind the Rights Issue event on Tuesday, the NGX disclosed that the offer, which has been opened…
Stanbic IBTC Insurance Limited, a subsidiary of Stanbic IBTC Holdings and a leading life insurance service provider in Nigeria, is pleased to announce that it has successfully passed a comprehensive audit, which has resulted in the issuance of an IQNET-recognised…
Stanbic IBTC Holdings, a member of Standard Bank Group, has unveiled the fourth edition of its flagship Digital Skills Empowerment Programme (DiSEP 4.0). This initiative underscores the company’s longstanding commitment to empowering young Nigerians and actively promoting digital transformation within…
By Esther Agbo At the 2024 Agribusiness Breakfast Summit, Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, solidified its role in Nigeria’s agricultural transformation by shifting its focus toward agro-processing as a key driver of economic growth. Themed “Driving…
By Esther Agbo Stanbic IBTC Holdings Plc has reported a remarkable 71 percent increase in profit after tax, reaching N116.36 billion in the first half of 2024, up from N67.92 billion in the same period last year. This growth comes…
Stanbic IBTC Holdings Plc has announced the retirement of Salamatu Suleiman as an independent non-executive director on the board of the company, effective July 26, 2024. A statement affirmed that the retirement followed the completion of her regulatory tenure on…
The Board Stanbic IBTC Plc will seek shareholders’ approval to establish a Debt Issuance Programme of up to N400 billion to issue diverse debt securities through various methods and terms, subject to the grant of all required approvals from the…
Smartcash Payment Service Bank (PSB), a subsidiary of Airtel Nigeria, has announced its strategic partnership with Stanbic IBTC Bank which will focus on cash deposits and withdrawals for Smartcash customers across Nigeria. The new collaboration between the two visionary companies…
The business environment in Nigeria recorded an improvement in December 2023 with the Purchasing Managers Index rising to 52.7 from 48.0 in November, according to the latest PMI report released by Stanbic IBTC. Despite the increase, the business outlook for…
