Capital Market

Stanbic IBTC boosts market with system certification

Ihesiulo Grace 8 August 2017 0

Stanbic IBTC bank has once again reassured its shareholders and stakeholders of its commitment to always deliver the best in services, earnings, products, earnings and regulatory compliance amongst others with its latest management certification. The bank has been certified for its credible and

Capital Market

DMO targets retail investors with First FGN Savings bond issued Monday

Ihesiulo Grace 10 March 2017 0

The FGN Savings Bond, a retail product accessible to all income groups is being introduced by the Debt management Office on behalf of the Federal Government of Nigeria to further encourage an all-inclusive participation in investments. The bond which creates a window of opportunity for Nigerians to harness the huge benefits derivable from retail bonds […]

News

Stanbic IBTC revamps medical centre in Lagos

Ihesiulo Grace 8 February 2017 0

A new lease of life has been injected into Ebute Metta Health Centre, Lagos, following the renovation of the female and children’s wards by Stanbic IBTC Holdings Plc as part of its corporate social investment objectives. The facility was commissioned on Monday, February 6, 2017. The hospital, which was commissioned in 1964 and later upgraded […]

Business Money

Sanni becomes new Stanbic IBTC CEO, as David Borha resigns

Ihesiulo Grace 27 January 2017 0

Stanbic IBTC Holdings has appointed Yinka Sanni as its new Chief Executive Officer (CEO), following the resignation of Mrs Sola David-Borha. This is according to a statement signed by the Company Secretary, Chidi Okezie, sent to The Nigerian Stock Exchange (NSE). “This is to advise The Nigerian Stock Exchange that Mrs Sola David – Borha […]

Capital Market

NSE Lists Stanbic IBTC Pension ETF 40 to drive market liquidity

Ihesiulo Grace 26 January 2017 0

Stanbic IBTC Asset Management Limited (SIAML) on Tuesday listed 10 million units of its Pension ETF 40 fund on the Nigerian Stock Exchange (NSE) as one of the Exchange Traded Funds (ETF) for trading on its floors. According to Chief Executive, Stanbic IBTC Asset Management Limited (SIAML), Bunmi Dayo-Olagunju, The Pension ETF 40, created to closely replicate […]

Business Money

CBN, NSE sanction Stanbic IBTC N20.3m

Ihesiulo Grace 11 January 2017 0

The Central Bank of Nigeria (CBN) and Nigerian Stock Exchange (NSE) sanctioned Stanbic IBTC Holdings N20.3 million for eight different offences in 2015.   The recently released 2015 financial result of the lender showed that a penalty of N10 million by CBN was imposed for AML/CFT related issues arising from the AML/CFT spot check in […]

Business Capital Market

Stanbic IBTC declares 5 kobo dividend for 2015 financial year

Ihesiulo Grace 29 December 2016 0

Stanbic IBTC Holdings is proposing a dividend of 5 kobo to its shareholders for the fiscal year ended 31st December 2015. The group in a notice to the Nigerian Stock Exchange (NSE) disclosed that the dividend is to be approved by shareholders at its annual general meeting on a date to be announced, while the […]

Business Capital Market

Stanbic IBTC Group reports 10 percent growth in revenue in Q3 2016.

Ihesiulo Grace 27 December 2016 0

Stanbic IBTC Holdings, a member of Standard Bank Group, has announced its nine months unaudited results for the period ended 30 September 2016.   Financial highlights from the Income Statement of the company showed Gross earnings of N114.6 billion, an increase of 10 percent. Compared to N104.4 billion posted for September 2015   Net interest […]

Capital Market

Stanbic IBTC public offerings delay elicits stakeholders concern

Ihesiulo Grace 30 November 2016 0

…As 2015 result, Q1, Q2, Q3 filings lag 30 days to 2017   Stanbic IBTC’s Holdings (SIBTCH) regulatory approvals for the 2016 financial year continued to be delayed, even as the holding company continues to wage legal battle with the Financial Reporting Council (FRC) of Nigeria over regulatory breaches. Meanwhile, cross section of retail shareholders […]

Business

Stanbic IBTC hosts annual Fine Arts and the Acts Event

Ihesiulo Grace 21 November 2016 0

Deeper insights on the connection between arts and business will be on showcase in Lagos as Stanbic IBTC organizes its annual Fine Arts and The Acts event. The event, slated for Eko Hotels & Suites, Victoria Island, Lagos, on November 23, 2016, will feature an arts exhibition. The art exhibition will also feature a wide […]

Life & Style

Nkiru Olumide-Ojo berths at Stanbic/IBTC

Ihesiulo Grace 13 March 2015 0

Hers has been a long journey in the world of public relations, market­ing and communications. Having cut her teeth in brand communication, it was only a matter of time before she became a big fish within the corpo­rate and social world. Her job at Vir­gin Nigeria where her word was law, gave her this leeway. Unfortunately, […]