TAG: STANBIC IBTC

All the major economic news from Nigeria in 5 minutes – 06/6/2017

Summary of the top business, economic and political news in Nigeria today.   Nigeria’s President Muhammadu Buhari is expected...


Top 5 stocks in Nigeria based on YTD return; how they made it

The Nigerian stock market has been on a roll since the introduction of the forex window for investors and...


The Nigerian Economy Today 17/5/2017 – EU Commission bans Nigeria’s Medview Airline from European Airspace

Summary of the top business, economic and political news in Nigeria today.    Over $163.7m was spent to hire...



The Nigerian Economy Today 15/5/2017 – Smile Network appoints new CEO

Summary of the top business, economic and political news in Nigeria Today.   The Association of Housing Corporations of...


The Nigerian Economy Today 8/5/2017

Summary of the top business, economic and political news in Nigeria.   NAIRAMETRICS BUSINESS & ECONOMY Flash: May 2017...


Comment: Why Stanbic IBTC is simplifying its banking services

Nairametrics|Tier two bank, Stanbic IBTC has decided to reduce the documentation required to open a bank account. Customers can...



Alert: Stanbic IBTC Post 106% Growth in Profits (2017 Q1)

Stanbic IBTC  today released unaudited Consolidated Interim Financial Statements for the three months period ended 31 March 2017.  ...


Stanbic Ibtc Confirms Etisalat Is Owing It $25 million

Nairametrics| Stanbic IBTC, on Wednesday, disclosed that telecommunications operator, Etisalat Nigeria still owes the bank debt to the tune...


Alert: Stanbic IBTC Reports N28.5 billion Profit (2016 FY)

Stanbic IBTC today released audited results for the financial year ended 31 December 2016.   Net Interest Income N’million...


Access Bank Divests From Stanbic IBTC Pension

In a statement to the Nigerian Stock Exchange (NSE), Access bank plc announced its divestment from Stanbic Ibtc Pension...


Nigeria Approaches Goldman and Stanbic IBTC To Help Sell Diaspora Bond

Reuters is reporting that Nigeria has asked Goldman Sachs and Stanbic IBTC to advise it on the sale of...


CORPORATE ACTION: Stanbic IBTC Holdings Appoints Chief Executive

The Board of Stanbic IBTC have announced the resignation of Mrs. Sola David – Borha as Chief Executive to...


Alert: Stanbic IBTC Earnings Up By 57% (2016 9 Months)

Stanbic IBTC released its 2016 result for the nine months ended 30 September 2016 ; See below     Net...


Alert: Stanbic IBTC Pre-tax Profit Up By 53% (2016 H1)

Stanbic IBTC released its 2016 result for the year ended 30 June 2016 ; See below     Net...


Alert: Stanbic IBTC Profit After Tax Up 85% (2016 Q1)

Stanbic IBTC Plc released its 2016 first quarter result as at 31st March 2016; See below   Net interest...


ARM Issues “Sell Rating” For Stanbic IBTC

The research unit of ARM Pensions has placed a “sell” rating on Stanbic IBTC following the release of its...


Alert: Stanbic IBTC Earnings Down By 51% (2015 FY)

Stanbic IBTC Plc released its 2015 full year result for the year ended 31 December 2015; See below  ...


Brief: Stanbic IBTC to Float New Exchange Traded Fund

Stanbic IBTC Asset Management Limited, a subsidiary of Stanbic IBTC Holdings Plc, has concluded plans to launch a new...


Stanbic, ARM, Zenith & Afrinvest Equity Mutual Funds Record Worst Returns In 2015

If you are a Nigerian equity market investor and for whatever reason chose to invest your money through mutual...


Stanbic IBTC vs FRC: Buy, Sell or Hold?

Stanbic IBTC continues to face challenges from the Financial Reporting Council (FRC). The bank recently released a notice on...


Stanbic Postpones Release Of Results, Claims FRCN Has A ‘Fake Result’

Stanbic IBTC has informed the Nigerian Stock Exchange, shareholders and investors that it will not be submitting its 2015...


Atedo Peterside Takes A Major Swipe At Buhari’s Forex Policy

The Federal Governments exchange rate policy is unsustainable and a threat to Nigeria’s macro-economic stability , says Atedo Peterside...


Stanbic IBTC Non-Executive Director Appointed By Buhari Withdraws Her Earlier Resignation From The Bank

Stanbic IBTC Holdings Plc has informed the Nigerian Stock Exchange (NSE) of the withdrawal of the letter of resignation...


Stanbic IBTC appeals Court ruling on Starcomms Private Placement, Says It Did Not Misrepresent Any Facts

Stanbib IBTC said it exercised its constitutional right of appeal in relation to a judgment given by the Honourable...


Stanbic IBTC Losses Round One to FRC

The federal high court has delivered an oral judgment dismissing proceedings issued by Stanbic IBTC Holdings Plc (Stanbic IBTC’) against the...


[BOOM] Judge Restraints FRCN From ‘Obstructing Stanbic Operations’

The controversial suspension of two directors of Stanbic IBTC by the Financial Reporting Council (FRCN) took another turn yesterday...


The CBN Governor Has Joined Stanbic In Issuing FRCN A Stinker

The Central Bank of Nigeria has waded into the controversy between the Financial Reporting Council of Nigeria (FRCN) and...


Fitch Confirms FRC Probe Will Not Affect Its Stanbic Ratings Except If This Happens

Fitch Ratings believes that the recent alleged irregularities raised by Nigeria’s Financial Reporting Council (FRC) into Nigerian Stanbic IBTC...


KPMG Says It Stands By Its Audit Opinions on StanbicIBTC Financial Statements

KPMG Professional Services says it stands by its audit opinions on Stanbic IBTC’s 2013 and 2014 financial statements. In...