It has not been uncommon over the years to have insurance companies with pension subsidiaries.
MTN Nigeria, Dangote Cement, Nestle Nigeria, Stanbic IBTC, GT bank and Zenith bank were the highest paying dividend stocks on the floor of the NSE in 2019.
Interest Expense, on the other hand, declined 18% y/y to N8.9bn despite the 13% YTD growth in Customers Deposits
Nigerian banks claim they have protected themselves against a potential loan crisis in the oil and gas sector. But is it enough?
Stanbic’s Profit before tax increased 3% y/y to N90.9bn, slightly ahead of our FY 2019 estimate of N90.4bn.
The Nigerian bourse resumed the first trading session of the week in the green, as the All Share Index improved significantly by 2.32%
Nigerian Banks may have no choice but to raise significant equity in 2020.
Bearish sentiments persisted in Nigeria's bourse on Tuesday as the Nigerian All-Share Index and market capitalization declined further
The outbreak of Coronavirus (COVID-19) around the world continues to weigh heavily on investors as it dealt an unexpected shock to the economy.
As the 8th edition of the Social Media Week Lagos kicked off on Monday, February 24, 2020, leading financial services group, Stanbic IBTC Holdings PLC, has...