• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

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

Editor by Editor
December 22, 2015
in Business News
Stanbic IBTC
Share on FacebookShare on TwitterShare on Linkedin

Stanbib IBTC said it exercised its constitutional right of appeal in relation to a judgment given by the Honourable Justice John Tsoho of the Federal High Court, which ordered the bank and Starcomms to pay the sum of N1.3 billion plus interest for alleged breach of a 2008 contract in a suit involving a former Group Managing Director of Afribank Nigeria Plc, Patrick Olayele Akinkuotu and his company, Long Term Global Capital Limited.

The bank said it believes it had legitimate basis for lodging its appeal, affirming that, as Joint Issuing House with Chapel Hill Advisory Partners Limited, it did not misrepresent any facts in the investor letter issued in relation to the private placement nor was such letter fraudulent.

 

RelatedStories

Stanbic IBTC renames fintech subsidiary to ZEST Payment Limited

Stanbic IBTC reports pre-tax profit of N116.4 billion in Q1 2025 as interest income soars 

April 25, 2025

Nigerian banks spent N518.5 billion on IT in 2024 as digital banking, cybersecurity drive boom

April 25, 2025
Tags: Stanbic IBTC
Editor

Editor

Related Posts

Stanbic IBTC renames fintech subsidiary to ZEST Payment Limited
Company Results

Stanbic IBTC reports pre-tax profit of N116.4 billion in Q1 2025 as interest income soars 

April 25, 2025
Exclusives

Nigerian banks spent N518.5 billion on IT in 2024 as digital banking, cybersecurity drive boom

April 25, 2025
Ranking Nigerian Banks that have declared the most dividend in 5 years
Financial Analysis

Government earned N1.2 trillion from Nigerian banks in 2024, more than shareholders 

April 23, 2025
Nigerian Banks
Exclusives

Which Nigerian banks pay their staff the most and the least in 2024 

April 22, 2025
Stanbic IBTC: Buy, sell or hold 
Company Results

Stanbic IBTC reports N303.796 billion pre-tax profit in 2024

March 29, 2025
Stanbic IBTC Infrastructure Fund backs SIFAX Group’s development of the Ijora Terminal
Companies

Stanbic IBTC Infrastructure Fund backs SIFAX Group’s development of the Ijora Terminal

March 18, 2025
Next Post
Full Text of President Muhammadu Buhari Speech On Nigeria’s 55th Independence Anniversary

Buhari Will Present 2016 Budget To The National Assembly Today

Comments 1

  1. Anonymous says:
    December 23, 2015 at 5:50 pm

    it`s good fine any firm that try to nigeria for granted.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • Nigeria’s petrol import bill crashes by 54% in Q1 2025 as Dangote boosts local supply 
  • Democracy Day: Tinubu confers 139 National Honours for “outstanding contributions of heroes” 
  • China grants duty-free access to all African countries amid shifting global trade dynamics 

Follow us on social media:

Recent News

Petrol import in Nigeria drops by 3.58 billion litres after ‘subsidy removal’ 

Nigeria’s petrol import bill crashes by 54% in Q1 2025 as Dangote boosts local supply 

June 12, 2025
No regret removing fuel subsidy, says President Tinubu

Democracy Day: Tinubu confers 139 National Honours for “outstanding contributions of heroes” 

June 12, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics