Nigerian banks have resumed the use of naira debit cards for international transactions and online payments, more than three years after suspending the service due to acute dollar scarcity. The …
STANBIC IBTC
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesTechnology
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesINVESTMENTMarketsNigeria
Stanbic IBTC Lists 2.94 Billion New Shares on NGX After Oversubscribed Rights Issue
Stanbic IBTC Holdings Plc has successfully listed 2,944,772,083 additional ordinary shares of 50 Kobo each on the Nigerian Exchange Limited (NGX), following the conclusion of its recently completed rights issue. …
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Banking, Finance & InvestmentEconomyNigeriaStanbic IBTCTelecommunications
Telcos Disagree with Banks Over USSD Airtime Billing Claims
Confusion has trailed the planned migration to end-user billing for Unstructured Supplementary Service Data (USSD) as telecommunications operators in Nigeria have faulted the claims by some Deposit Money Banks (DMBs) …
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Stanbic IBTC Holdings Plc has posted a profit after tax of N82.06 billion for the first quarter of 2025, marking an 80% growth from N45.64 billion recorded in the same …
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Banking, Finance & InvestmentEconomyGOVERNMENTNigeriaWestern Africa
Six Banks Pay Over N751bn in Taxes for 2024
Six Nigerian banks have paid a total of N751.796 billion in taxes to the Federal and State Governments for the 2024 financial year, which ended on December 31, 2024. This …
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AfricaAFRICA NEWSBanking, Finance & InvestmentStanbic IBTC
Stanbic IBTC Restates commitment to Improve Multi-sectoral Nigerian Businesses
Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has expressed its unwavering commitment to improving and supporting Nigerian businesses across all sectors. The organization said this during the …
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AfricaAFRICA NEWSBanking, Finance & Investment
Stanbic IBTC Pension launches youth talent empowerment
Stanbic IBTC Pension Managers Limited, a subsidiary of Stanbic IBTC Holdings Plc has launched a first-of-its-kind talent hunt tagged ‘FUZE’, that seeks to discover new talents among youths. The Pension …
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AfricaBanking, Finance & InvestmentBusinessEducationFinance & ServicesNigeriaStanbic IBTC
Stanbic IBTC modernizes Kurba Primary School inYamaltu Deba LGA
The Kurba Primary School in Yamaltu Deba LGA in Gombe State has been renovated by Stanbic IBTC Holdings, a member of Standard Bank Group. The school was transformed by the …
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Banking, Finance & InvestmentBusinessFinance & ServicesStanbic IBTCWestern Africa
Stanbic IBTC Holdings announces new independent non-executive director
The Board of Directors of Stanbic IBTC Holdings Plc has announced the appointment of Mr. Babatunde Omotowa, as an independent non-executive director, following the receipt of all required regulatory approvals. …
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AfricaBanking, Finance & InvestmentBusinessNewsNigeriaWestern Africa
Fitch affirms 10 Nigerian Banks at ‘B’, Outlook Stable
Fitch, the global rating agency, has affirmed Long-Term Issuer Default Ratings (IDR) of 10 Nigerian banks at ‘B’ with a stable outlook. In a fresh report obtained from its website, …