Fourteen listed banks have posted a cumulative profit of N256.088 billion for the first quarter (Q1) ended March 31, 2019.
The banks are Guaranty Trust Bank (GTB), Ecobank Transnational Incorporated Plc (ETI), Stanbic IBTC, Sterling Bank, Access Bank, United Bank for Africa (UBA), Zenith Bank...
Nigerian lender, Stanbic IBTC have joined fellow Chinese nationals in Nigeria to celebrate the Asian country’s new year, while underlying the important role the Chinese community in Nigeria have played in the bank’s business ecosystem.
The Chinese New Year is the Chinese festival that...
Stanbic IBTC Holdings Plc’s Board of Directors has announced the appointment of Barend Johannes Kruger as a Non-Executive Director. The company disclosed in a statement to the Nigerian Stock Exchange (NSE).....
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In a move aimed at offering Nigerian and Chinese clients a business-to-business networking and personal advisory service and also help them to access and unlock opportunities in Nigeria-China trade, Stanbic IBTC Bank Plc has commissioned an Africa-China Banking Centre (ACBC) in Lagos.
The...
As part of efforts to encourage entrepreneurship and help build a vibrant and productive small and medium enterprises (SME) sector, Stanbic IBTC has partnered with the Kaduna State government to establish the Kaduna-Stanbic IBTC Entrepreneurship Centre (KADSEC)....
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Stanbic IBTC Bank, said it has taken another bold step towards service efficiency and enhanced customer experience with the deployment of robots to drive various dimensions of its operations.....
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Shares belonging to MTN have taken a big knock after sanctions by the Central Bank of Nigeria on allegations that the company illegally repatriated $8.1 billion.
Early trading on the Johannesburg Stock Exchange...
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The Central Bank of Nigeria, CBN, has imposed a total fine of 5.87billion on four banks in the country.
They were accused of flagrant violation...
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The Central Bank of Nigeria has slammed fines totalling over N5 billion on four banks “for breaching Nigeria’s forex regulations” and asked MTN Nigeria Communications Limited to refund $8.134 billion.
All four banks – Standard Chartered, Stanbic IBTC, Citibank...
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Stanbic IBTC Capital and Stanbic IBTC Bank, have partnered with Dangote Cement Plc to conclude its second tranche of N50 billion series three and four Notes.
This is under the recently established Dangote Cement’s N150 billion CP Programme....
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