Stanbic IBTC

Stanbic IBTC Posts N116.41bn Profit Before Tax

Stanbic IBTC Holdings saw a significant increase in its topline and bottom line for the first quarter (Q1) of 2025, while its customer deposits increased marginally. According to the company’s condensed consolidated

Prime Business Africa

May 9, 2025

Business

Negative Signal: Board Director, Sola David-Borha, Sells Off All Shares In Stanbic IBTC

The Non-executive director at Stanbic IBTC, Sola David-Borha, sold off all her shares in the financial institution three months after she was re-elected by the shareholders of the company. David-Borha sold 615,812

Fakoyejo Olalekan

September 1, 2023

News

Atedo Peterside Supports ‘All Eyes On The Judiciary’ Slogan, Cites Neutrality

Atedo Peterside, the Founder of Stanbic IBTC and Anap Foundation, has voiced his support for the “All Eyes on the Judiciary” slogan, asserting that it should not be considered offensive to a

Emmanuel Ochayi

August 18, 2023

CBN Issues Guideline On How To Avoid Getting Duped By Illegal Financial Operators

Business

CBN Warns GTBank, Stanbic IBTC, Others Over Dealings With 6 Countries

The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs) and other financial institutions in Nigeria to take extra caution when transacting with businesses or individuals residing in Cameroon, Croatia, Russia

Fakoyejo Olalekan

July 7, 2023

Business·Insights

Top Five Best Performing Nigerian Banks

Between January to December 2022, the Nigerian banking industry post double-digit growth of 26.92 per cent year-on-year, with the sector generating a combined N5.43 trillion in total revenue from 11 commercial banks.

Fakoyejo Olalekan

May 10, 2023

GTCO, First Bank Fail To Make Top Five Performing Nigerian Bank Stocks In H1

Business·Insights

Why FCMB, GTBank, Access, Stanbic IBTC CEOs Seek HoldCo Structure, To Stay More

The Nigerian banking industry is in the season of transition from a core banking operation to a Holding Company (HoldCo) structure. Out of 15 commercial banks operating in Nigeria, at least seven

Fakoyejo Olalekan

April 13, 2023

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business·Currency

Dollar Rate Rises, CBN Fines Stanbic IBTC Over Export Proceeds

The foreign exchange rate between the Naira and the United States Dollar (USD) closed at N461.50 in the official market on Thursday, 30 March 2023. Prime Business Africa learnt that the day

Fakoyejo Olalekan

March 31, 2023

Mixed Reactions Trail Nigeria’s Supreme Court Judgment On LG Autonomy

Business

UBA, Stanbic IBTC, Zenith Bank Risk Losing N1.89 trillion To Lawsuits

United Bank for Africa (UBA) and Stanbic IBTC are facing various lawsuits that could result in significant revenue losses for the financial institutions. As of 2022, about 411 cases have been filed

Fakoyejo Olalekan

March 31, 2023

Stanbic IBTC Fined N159 million For Earnings Misinformation, Hoarding Export Proceeds, Others

Business

Stanbic IBTC In Trouble For Hoarding Export Proceeds, Misinformation On Earnings

For contravening various guidelines, Stanbic IBTC Holdings Plc was slammed with fines by the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC). Stanbic IBTC was also penalised by

Fakoyejo Olalekan

March 28, 2023

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Business·Markets

Stock Market Closes Down, As Ikeja Hotel, Stanbic IBTC Record Losses

On Monday, 20 March 2023, the Nigerian stock exchange closed down by -0.05 per cent, as the market capitalisation lost N15.99 billion. This pushed the equity capitalisation down to N29.89 trillion today, from

Fakoyejo Olalekan

March 20, 2023

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Stanbic IBTC Posts N116.41bn Profit Before Tax

Negative Signal: Board Director, Sola David-Borha, Sells Off All Shares In Stanbic IBTC

Atedo Peterside Supports ‘All Eyes On The Judiciary’ Slogan, Cites Neutrality

CBN Warns GTBank, Stanbic IBTC, Others Over Dealings With 6 Countries

Top Five Best Performing Nigerian Banks

Why FCMB, GTBank, Access, Stanbic IBTC CEOs Seek HoldCo Structure, To Stay More

Dollar Rate Rises, CBN Fines Stanbic IBTC Over Export Proceeds

UBA, Stanbic IBTC, Zenith Bank Risk Losing N1.89 trillion To Lawsuits

Stanbic IBTC In Trouble For Hoarding Export Proceeds, Misinformation On Earnings

Stock Market Closes Down, As Ikeja Hotel, Stanbic IBTC Record Losses

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