Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, completed the first outbound and inbound transaction on the Pan-African Payment and Settlement System (PAPSS) platform in Nigeria.
PAPSS, the centralised Financial Market Infrastructure (FMI) that supports payment arrangements with the objective of expanding pan-African trade and driving African Central...
Stanbic IBTC Holdings, a member of Standard Bank Group, resolved to explore avenues to achieve net zero emissions by 2050, with the hope to create a more sustainable future for all. The organization had since embarked on several laudable initiatives to meet the commitment.
As described by the...
The story of Corporate Nigeria in 2022, cannot be complete without a chapter on the incredible performance of First Bank of Nigeria Limited, which saw the hitherto encumbered bank now returning to the top of the ladder of the Nigerian banking industry, amid a harvest of international laurels,...
Retail lender, Unity Bank Plc has received Award of Recognition emerging as the “Best Bank in Customer Complaint Resolution 2021” recently at the Kano Central Bank of Nigeria/Banker’s Committee event held to uphold quality customer service culture in the banking industry.
The Award underscores the Bank’s commitment to customer service...
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its commemoration of the 2022 edition of the Customer Service Week scheduled to be globally celebrated on 3 – 7 October 2022.
The event themed: “Celebrating Service” will be marked across its...
The end of the third quarter of 2022 saw growth gather momentum in the Nigerian private sector. Sharper rises in output and new orders were recorded, while there were emerging signs of capacity pressures. Cost inflation remained elevated, in large part due to currency weakness, while business confidence waned.
The...
In partnership with FirstBank – Nigeria’s premier and leading financial inclusion services provider – Verve International, Africa’s leading payment technology and card business, has launched its third National Consumer promo designed to reward users of FirstBank verve card with exciting gifts and cash prizes to appreciate their patronage and...
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has advocated effective collaboration among stakeholders and launching of innovative financing solutions as means of boosting the healthcare industry in Nigeria.
Speaking during the panel session at the recently held Medic West Africa Conference, Jane Ike-Okoli, Head, Specialised Sectors, Stanbic...
Shareholders of Sterling Bank Plc unanimously voted in favor of the creation of a new non-operating holding company (HoldCo) to hold the shares in its commercial banking operation as well as the shares of a newly incorporated subsidiary, The Alternative Bank Limited, which will operate as a Non-Interest Banking...
The Nigerian Exchange Group (NGX) seems to be falling like a pack of cards under Oscar Onyema, and his 11 years leading the company is being called to question over alleged poor financial management and lack of value creation for shareholders.
For 10 years, Oscar led the Nigerian Stock...
