Stanbic IBTC Archives — City Business News

March 13, 2025 No Responses

Stanbic IBTC Infrastructure Fund Partners SIFAX Group On Ijora Terminal Development

Stanbic IBTC Asset Management Limited, Fund Manager of the Stanbic IBTC Infrastructure Fund has partnered SIFAX Group through its subsidiary, SIFAX Shipping ICT Limited, to facilitate the development of an ultra-modern port terminal on 8.3 hectares of land (~82,846 m²)...

January 22, 2025 No Responses

Stanbic IBTC Launches N148.7b Rights Issue On NGX Invest

The Nigerian Exchange’s (NGX) e-offering platform, NGX Invest, continues to attract capital-raising in Nigeria with the addition of Stanbic IBTC Holdings Plc’s N148.7 billion rights issue. Presented at the Facts Behind the Rights Issue event, t...

August 1, 2023 No Responses

NDDC Seeks Sustainable Partnerships

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, says that the Commission needs sustainable partnerships that will enhance the lives of the people and contribute to the development of the Niger Delta region.Speaking when...

July 7, 2023 No Responses

Stanbic IBTC Appoints New Board Members

Stanbic IBTC Holdings Plc has appointed new members to the board of its holding company and other subsidiaries. In a notice sent to the Nigeria Exchange Limited, Stanbic IBTC Holdings Board said: “Mrs Ndidi Nwuneli was appointed Independent Non-Executive Dir...

June 16, 2023 No Responses

Stanbic IBTC Appoints Yinka Sanni Non-Executive Director 

The Board of Directors, Stanbic IBTC Holdings Plc has appointed Mr Yinka Sanni as a Non-Executive Director. In a notice to the Nigerian Exchange Limited (NGX) signed by Chidi Okezie, the Company Secretary, Stanbic IBTC Ho...

February 23, 2022 No Responses

Stanbic IBTC Bank Customer Protests Alleged Frozen Of Account

Chief Oluwarotimi Fadoju, a Customer at the Stanbic IBTC Bank, Ring Road branch, Ibadan, Oyo State, on Tuesday created scene inside the banking hall, protesting alleged frozen of his account over Tax Identification Number (TIN) certificate. Fadoju, who c...

September 7, 2021 No Responses

Stanbic IBTC Records 50.13% Drop In Profit

Stanbic IBTC Holdings Plc on Monday posted a profit before tax (PBT) of N24.70 billion for the six months ended June 30, 2021. This was stated in the bank’s consolidated and separate interim financial statements signed by the Company Secretary,...

August 25, 2021 No Responses

CBN’s Approval Delays Stanbic IBTC H1 Result

Stanbic IBTC Holdings Plc on Tuesday explained the delay in the release of its half-year audited result for the period ended July 31, 2021. Company Secretary, Mr Chidi Okezie in a notice posted on the website of the Nigerian Exchange...

August 7, 2021 No Responses

Woman Docked Over Alleged N4m Theft From Stanbic IBTC Bank

The Police in Osun State on Friday, arraigned one Sarah Peter, 28, before an Ile-Ife Magistrates’ Court for alleged N4 million theft from Stanbic bank. The Prosecutor, Insp Elijah Adesina, told the court that the defendant committed the offence so...

May 3, 2021 No Responses

UBA, Fidelity Bank, Stanbic IBTC Bank, Others Congratulate Presco On ICAN Merit Award

By Moses Ebosele, ebosele@hotmail.com — United Bank for Africa (UBA) Plc has congratulated Presco Plc for emerging recipient of the 2021 Institute of Chartered Accountant of Nigeria (ICAN) Merit Award in the Corporate Body Category. In a congratulat...

April 13, 2021 No Responses

Stanbic IBTC, Okomu Oil, Guinness, Top Losers‘Table As Market Capitalisation Drop By N74b

Transaction on the Nigerian Exchange Limited (NGX) opened activities for the week on Monday on a negative note with key indicators dropping by 0.40 per cent. The decline was due to investors profit-taking on some recently appreciated stocks such as...

March 26, 2021 No Responses

Investors’ Interest In Stanbic IBTC, MTN Nigeria Lift Stock Market By 0.53%

The Nigerian Stock Exchange (NSE) maintained positive sentiment on Thursday with the market indices growing further by 0.53 per cent due to investors’ interest in Stanbic IBTC and MTN Nigeria. Speficially, the All-Share Index advanced further by 207.86...

March 23, 2021 No Responses

Julius Berger, Stanbic IBTC Top Gainers’ Chart As Investors Earn N178b

The Nigeria Stock Exchange (NSE) reopened new trading week on Monday upbeat with the market capitalisation rebounding by N178 billion. The market capitalisation which opened at N20.081 trillion rose by 0.89 per cent to close at N20.259 trillion. Al...

November 29, 2017 No Responses

Nigerian Breweries, Stanbic IBTC top gainers’ table as market capitalisation sustains growth by N89b

Nigerian Breweries on Tuesday recorded the highest price gain of N6.43 to lead the gainers’ table and closed at N137.60 per share. Stanbic IBTC followed by a gain of N1.85 to close at N41.85, while Dangote Cement increased by...