Stanbic IBTC – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Wed, 28 Jan 2026 18:29:16 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Stanbic IBTC – InfoStride News https://www.theinfostride.com 32 32 Stanbic IBTC, Chinese Chamber Partner to Host Badminton Tournament in Nigeria https://www.theinfostride.com/stanbic-ibtc-chinese-chamber-partner-to-host-badminton-tournament-in-nigeria/ https://www.theinfostride.com/stanbic-ibtc-chinese-chamber-partner-to-host-badminton-tournament-in-nigeria/#respond Wed, 28 Jan 2026 17:00:39 +0000 https://www.theinfostride.com/?p=466983 Stanbic IBTC Bank has joined forces with the Chinese General Chamber of Commerce-Nigeria to organize a major badminton competition, bringing together sports enthusiasts, business leaders, and the Chinese community in Nigeria. The collaboration is designed not only to promote physical fitness and cultural exchange but also to strengthen bilateral relations between Nigeria and China through [...]

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]]> https://www.theinfostride.com/stanbic-ibtc-chinese-chamber-partner-to-host-badminton-tournament-in-nigeria/feed/ 0 Stanbic IBTC Posts N173.4bn Profit on Robust Interest Income Growth https://www.theinfostride.com/stanbic-ibtc-posts-n173-4bn-profit-on-robust-interest-income-growth/ https://www.theinfostride.com/stanbic-ibtc-posts-n173-4bn-profit-on-robust-interest-income-growth/#respond Wed, 28 Jan 2026 15:00:45 +0000 https://www.theinfostride.com/?p=467093 Stanbic IBTC Holdings Plc has announced an impressive profit after tax of N173.4 billion for the first half of 2025, a performance that underscores the bank’s resilience in Nigeria’s evolving financial landscape. The results, filed with the Nigerian Exchange (NGX), highlighted the Group’s ability to leverage its diversified operations, even amid macroeconomic pressures. The bank [...]

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]]> https://www.theinfostride.com/stanbic-ibtc-posts-n173-4bn-profit-on-robust-interest-income-growth/feed/ 0 Stanbic IBTC Infrastructure Fund Backs SIFAX on Ijora Terminal https://www.theinfostride.com/stanbic-ibtc-infrastructure-fund-backs-sifax-on-ijora-terminal/ https://www.theinfostride.com/stanbic-ibtc-infrastructure-fund-backs-sifax-on-ijora-terminal/#respond Tue, 20 Jan 2026 22:28:43 +0000 https://www.theinfostride.com/?p=405366 Stanbic IBTC Infrastructure Fund has announced its financial backing for SIFAX Group’s Ijora Terminal project, a move aimed at enhancing Nigeria’s port infrastructure and logistics capabilities. The investment will support the development and expansion of the terminal, which is expected to ease cargo movement and reduce congestion at Lagos ports. According to stakeholders, the Ijora [...]

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]]> https://www.theinfostride.com/stanbic-ibtc-infrastructure-fund-backs-sifax-on-ijora-terminal/feed/ 0 Stanbic IBTC Launches Second Season of Reward4Saving Promo to Boost Customer Savings Culture https://www.theinfostride.com/stanbic-ibtc-launches-second-season-of-reward4saving-promo-to-boost-customer-savings-culture/ https://www.theinfostride.com/stanbic-ibtc-launches-second-season-of-reward4saving-promo-to-boost-customer-savings-culture/#respond Thu, 25 Dec 2025 10:23:09 +0000 https://www.theinfostride.com/?p=466030 Stanbic IBTC Bank, a member of Stanbic IBTC Holdings, has officially unveiled the second season of its highly successful Reward4Saving promo, aimed at encouraging Nigerians to imbibe a strong savings culture while rewarding loyal customers for maintaining consistent deposits. The initiative, which gained wide traction in its maiden edition, is designed to empower customers financially [...]

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]]> https://www.theinfostride.com/stanbic-ibtc-launches-second-season-of-reward4saving-promo-to-boost-customer-savings-culture/feed/ 0 Stanbic IBTC Expands Social Impact Drive, Empowers Children Through Education and Skills Development https://www.theinfostride.com/stanbic-ibtc-expands-social-impact-drive-empowers-children-through-education-and-skills-development/ https://www.theinfostride.com/stanbic-ibtc-expands-social-impact-drive-empowers-children-through-education-and-skills-development/#respond Fri, 19 Dec 2025 14:47:10 +0000 https://www.theinfostride.com/?p=473778 Stanbic IBTC Holdings Plc has reinforced its commitment to social responsibility by empowering children across Nigeria through education-focused and skills-building initiatives, aimed at improving learning outcomes, promoting financial literacy and supporting vulnerable young people. The intervention aligns with the group’s long-standing strategy of investing in human capital development, especially among children and youths who represent [...]

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]]> https://www.theinfostride.com/stanbic-ibtc-expands-social-impact-drive-empowers-children-through-education-and-skills-development/feed/ 0 Stanbic IBTC Hosts 11th Edition of Together4ALimb Walk https://www.theinfostride.com/stanbic-ibtc-hosts-11th-edition-of-together4alimb-walk/ https://www.theinfostride.com/stanbic-ibtc-hosts-11th-edition-of-together4alimb-walk/#respond Mon, 17 Nov 2025 13:32:16 +0000 https://www.theinfostride.com/?p=471748 Stanbic IBTC Holdings Plc has successfully hosted the 11th edition of the Together4ALimb Walk, reinforcing its commitment to social responsibility and community engagement. The annual event, which attracts participants from across Nigeria, aims to raise awareness about limb loss, promote disability inclusion, and support charitable initiatives that provide prosthetic limbs and rehabilitation services to affected [...]

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]]> https://www.theinfostride.com/stanbic-ibtc-hosts-11th-edition-of-together4alimb-walk/feed/ 0 Stanbic IBTC Records ₦278.48 Billion Profit, Demonstrating Strong Financial Growth https://www.theinfostride.com/stanbic-ibtc-records-%e2%82%a6278-48-billion-profit-demonstrating-strong-financial-growth/ https://www.theinfostride.com/stanbic-ibtc-records-%e2%82%a6278-48-billion-profit-demonstrating-strong-financial-growth/#respond Mon, 27 Oct 2025 12:39:49 +0000 https://www.theinfostride.com/?p=470140 Stanbic IBTC Holdings Plc has reported a remarkable profit after tax of ₦278.48 billion for the nine months ending September 30, 2025, showcasing a strong improvement from the ₦182.87 billion recorded in the same period of 2024. The performance underscores the group’s strategic resilience and effective execution in navigating Nigeria’s complex economic climate, despite high [...]

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]]> https://www.theinfostride.com/stanbic-ibtc-records-%e2%82%a6278-48-billion-profit-demonstrating-strong-financial-growth/feed/ 0 Stanbic IBTC Orchestrates UAC’s Strategic Takeover of CHI Limited https://www.theinfostride.com/stanbic-ibtc-orchestrates-uacs-strategic-takeover-of-chi-limited/ https://www.theinfostride.com/stanbic-ibtc-orchestrates-uacs-strategic-takeover-of-chi-limited/#respond Mon, 13 Oct 2025 12:45:19 +0000 https://www.theinfostride.com/?p=468979 Stanbic IBTC Capital Limited, the investment banking arm of Stanbic IBTC Holdings Plc, has successfully acted as the lead financial adviser in UAC of Nigeria Plc’s acquisition of the majority stake in CHI Limited, the beverage and dairy producer behind iconic brands such as Chivita and Hollandia. The landmark transaction, which recently received the green [...]

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]]> https://www.theinfostride.com/stanbic-ibtc-orchestrates-uacs-strategic-takeover-of-chi-limited/feed/ 0 Stanbic IBTC Charts Economic Roadmap to Empower Stakeholders for 2026 https://www.theinfostride.com/stanbic-ibtc-charts-economic-roadmap-to-empower-stakeholders-for-2026/ https://www.theinfostride.com/stanbic-ibtc-charts-economic-roadmap-to-empower-stakeholders-for-2026/#respond Sun, 12 Oct 2025 15:31:44 +0000 https://www.theinfostride.com/?p=468897 Stanbic IBTC Holdings Plc has unveiled a comprehensive economic roadmap for 2026, aimed at equipping businesses, investors, and policymakers with strategic insights to navigate Nigeria’s evolving economic landscape. The initiative underscores the financial institution’s commitment to supporting national growth through informed decision-making, economic research, and stakeholder engagement. At an exclusive economic forum held in Lagos, [...]

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]]> https://www.theinfostride.com/stanbic-ibtc-charts-economic-roadmap-to-empower-stakeholders-for-2026/feed/ 0 SEC Slaps N50.145 Million Fine on Stanbic IBTC Capital Over GTCO Share Offer https://www.theinfostride.com/sec-slaps-n50-145-million-fine-on-stanbic-ibtc-capital-over-gtco-share-offer/ https://www.theinfostride.com/sec-slaps-n50-145-million-fine-on-stanbic-ibtc-capital-over-gtco-share-offer/#respond Sun, 05 Oct 2025 13:16:08 +0000 https://www.theinfostride.com/?p=468303 The Securities and Exchange Commission (SEC) has imposed a fine of N50.145 million on Stanbic IBTC Capital Limited, in connection with regulatory breaches tied to Guaranty Trust Holding Company Plc’s (GTCO) public share offer. The penalty was disclosed in the half-year 2025 financial report of Stanbic IBTC Holdings and underscores the need for closer regulatory [...]

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]]> https://www.theinfostride.com/sec-slaps-n50-145-million-fine-on-stanbic-ibtc-capital-over-gtco-share-offer/feed/ 0 Stanbic IBTC Names Chukwuma Nwokocha as New Group Chief Executive Officer https://www.theinfostride.com/stanbic-ibtc-names-chukwuma-nwokocha-as-new-group-chief-executive-officer/ https://www.theinfostride.com/stanbic-ibtc-names-chukwuma-nwokocha-as-new-group-chief-executive-officer/#respond Sat, 04 Oct 2025 10:03:11 +0000 https://www.theinfostride.com/?p=468243 Stanbic IBTC Holdings Plc has appointed Mr. Chukwuma Nwokocha as its substantive Group Chief Executive Officer, signaling a new phase of leadership for one of Nigeria’s most respected financial institutions. The appointment, which took effect on October 2, 2025, followed regulatory approval and marks a significant step in the bank’s long-term succession plan aimed at [...]

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]]> https://www.theinfostride.com/stanbic-ibtc-names-chukwuma-nwokocha-as-new-group-chief-executive-officer/feed/ 0 Stanbic IBTC Rewards 148 Customers with ₦23 Million in Savings Promotion https://www.theinfostride.com/stanbic-ibtc-rewards-148-customers-with-%e2%82%a623-million-in-savings-promotion/ https://www.theinfostride.com/stanbic-ibtc-rewards-148-customers-with-%e2%82%a623-million-in-savings-promotion/#respond Fri, 08 Aug 2025 08:25:39 +0000 https://www.theinfostride.com/?p=464314 Stanbic IBTC Bank Plc has announced that 148 of its customers have emerged as winners in the latest edition of its savings reward campaign, sharing a total cash prize of ₦23 million. The initiative, designed to promote a savings culture among Nigerians, is part of the bank’s commitment to rewarding loyalty and encouraging financial discipline. [...]

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]]> https://www.theinfostride.com/stanbic-ibtc-rewards-148-customers-with-%e2%82%a623-million-in-savings-promotion/feed/ 0 Stanbic IBTC Share Price Holds Steady at ₦101 Despite Market Volatility https://www.theinfostride.com/stanbic-ibtc-share-price-holds-steady-at-%e2%82%a6101-despite-market-volatility/ https://www.theinfostride.com/stanbic-ibtc-share-price-holds-steady-at-%e2%82%a6101-despite-market-volatility/#respond Tue, 05 Aug 2025 08:59:27 +0000 https://www.theinfostride.com/?p=464013 Stanbic IBTC Holdings Plc, one of Nigeria’s leading financial institutions, has seen its share price maintain a steady position at ₦101 per unit amid fluctuating market conditions. The stability is seen by analysts and investors as a reflection of investor confidence in the company’s financial strength, operational consistency, and growth prospects. As the Nigerian Exchange [...]

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]]> https://www.theinfostride.com/stanbic-ibtc-share-price-holds-steady-at-%e2%82%a6101-despite-market-volatility/feed/ 0 Stanbic IBTC Hosts Infrastructure and Gas Conference to Drive Sector Growth https://www.theinfostride.com/stanbic-ibtc-hosts-gas-and-infrastructure-conference-to-drive-sector-growth/ https://www.theinfostride.com/stanbic-ibtc-hosts-gas-and-infrastructure-conference-to-drive-sector-growth/#respond Wed, 23 Jul 2025 22:00:47 +0000 https://www.theinfostride.com/?p=403891 Stanbic IBTC has organized a gas and infrastructure conference to explore opportunities for investment, innovation, and policy reforms in Nigeria’s energy and infrastructure sectors. The event brought together industry leaders, government officials, and investors to discuss strategies for maximizing Nigeria’s gas potential and addressing infrastructure challenges. Key discussions focused on the role of gas as [...]

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]]> https://www.theinfostride.com/stanbic-ibtc-hosts-gas-and-infrastructure-conference-to-drive-sector-growth/feed/ 0 Stanbic IBTC Capital Leads Presco’s N82.9 Billion Bond Issuance https://www.theinfostride.com/stanbic-ibtc-capital-leads-prescos-n82-9-billion-bond-issuance/ https://www.theinfostride.com/stanbic-ibtc-capital-leads-prescos-n82-9-billion-bond-issuance/#respond Wed, 23 Jul 2025 22:00:06 +0000 https://www.theinfostride.com/?p=402696 Stanbic IBTC Capital has emerged as the lead arranger for Presco Plc’s N82.9 billion bond issuance, a move aimed at strengthening the company’s financial position and funding its expansion plans. The bond issuance, conducted under Presco’s Debt Issuance Programme, highlights growing investor confidence in Nigeria’s agricultural sector. According to Presco, a leading player in the [...]

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]]> https://www.theinfostride.com/stanbic-ibtc-capital-leads-prescos-n82-9-billion-bond-issuance/feed/ 0 Stanbic IBTC Allocates 27% of Rights Issue to Boost SMEs and Commercial Banking https://www.theinfostride.com/stanbic-ibtc-allocates-27-of-rights-issue-to-boost-smes-and-commercial-banking/ https://www.theinfostride.com/stanbic-ibtc-allocates-27-of-rights-issue-to-boost-smes-and-commercial-banking/#respond Thu, 23 Jan 2025 11:16:39 +0000 https://www.theinfostride.com/?p=401493 Stanbic IBTC Holdings has announced plans to channel 27% of its recently raised capital through a rights issue into supporting small and medium-sized enterprises (SMEs) and expanding its commercial banking operations. This strategic move is part of the institution’s broader effort to drive economic growth and strengthen its position in Nigeria’s financial sector. The rights [...]

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]]> https://www.theinfostride.com/stanbic-ibtc-allocates-27-of-rights-issue-to-boost-smes-and-commercial-banking/feed/ 0 CIG Motors, Stanbic IBTC Collaborate to Simplify Vehicle Ownership https://www.theinfostride.com/cig-motors-stanbic-ibtc-collaborate-to-simplify-vehicle-ownership/ https://www.theinfostride.com/cig-motors-stanbic-ibtc-collaborate-to-simplify-vehicle-ownership/#respond Fri, 20 Dec 2024 13:43:46 +0000 https://www.theinfostride.com/?p=398315 CIG Motors, a leading automotive distributor, has partnered with Stanbic IBTC to introduce a comprehensive vehicle ownership scheme aimed at making cars more accessible to Nigerians. The partnership leverages Stanbic IBTC’s financial services expertise and CIG Motors’ robust vehicle lineup to provide flexible and affordable options for prospective car buyers. Highlights of the Partnership The [...]

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]]> https://www.theinfostride.com/cig-motors-stanbic-ibtc-collaborate-to-simplify-vehicle-ownership/feed/ 0 Stanbic IBTC Pension Announces Digital Channel Downtime https://www.theinfostride.com/stanbic-ibtc-pension-announces-digital-channel-downtime/ https://www.theinfostride.com/stanbic-ibtc-pension-announces-digital-channel-downtime/#respond Sat, 07 Dec 2024 22:57:33 +0000 https://www.theinfostride.com/?p=396980 Stanbic IBTC Pension Managers has informed its clients of scheduled downtime for its digital channels as part of routine system maintenance. The firm stated that the maintenance is necessary to upgrade and enhance the security and performance of its online platforms, ensuring a more reliable user experience for customers. Details of the Downtime The scheduled [...]

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]]> https://www.theinfostride.com/stanbic-ibtc-pension-announces-digital-channel-downtime/feed/ 0 Stanbic IBTC Bank promotes homeownership https://www.theinfostride.com/stanbic-ibtc-bank-promotes-homeownership/ https://www.theinfostride.com/stanbic-ibtc-bank-promotes-homeownership/#respond Fri, 28 Jun 2024 08:37:29 +0000 https://www.theinfostride.com/?p=381773 Stanbic IBTC Bank has stated its desire to empower Nigerians to own homes through products and guidance from the banks. This was disclosed at the just-concluded Home Ownership Summit, where it championed the actualisation of homeownership dreams of Nigerians and property wealth creation.  The summit was a platform for Stanbic IBTC Bank to engage with [...]

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]]> https://www.theinfostride.com/stanbic-ibtc-bank-promotes-homeownership/feed/ 0 Nigeria’s PMI Rises to 52.7, Yet 2024 Business Outlook Hits Decade-Low https://www.theinfostride.com/nigerias-pmi-rises-to-52-7-yet-2024-business-outlook-hits-decade-low/ https://www.theinfostride.com/nigerias-pmi-rises-to-52-7-yet-2024-business-outlook-hits-decade-low/#respond Wed, 03 Jan 2024 13:11:23 +0000 https://www.theinfostride.com/?p=366319 In a recent release of the Stanbic IBTC Purchasing Managers Index (PMI) for Nigeria, Infostride News brings encouraging news as the private sector showcased a rebound, recording a PMI of 52.7 in December. This marks a notable improvement from the 48.0 recorded in November, signifying a return to growth for the private sector. The positive [...]

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]]> https://www.theinfostride.com/nigerias-pmi-rises-to-52-7-yet-2024-business-outlook-hits-decade-low/feed/ 0 Equities reverse gains as market capitalisation dips by N21 billion https://www.theinfostride.com/equities-reverse-gains-as-market-capitalisation-dips-by-n21-billion/ https://www.theinfostride.com/equities-reverse-gains-as-market-capitalisation-dips-by-n21-billion/#respond Sun, 13 Mar 2022 01:09:32 +0000 https://www.theinfostride.com/?p=320406 The Nigerian Exchange Limited (NGX) reversed gains to close on a downward note, yesterday, occasioned by losses in 16 stocks, as market capitalisation depreciated by N21 billion. Specifically, market capitalisation of listed equities declined by 0.08 per cent to N25.442 trillion from N25.463 trillion reported the previous day. The All Share Index (ASI) also depreciated [...]

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]]> https://www.theinfostride.com/equities-reverse-gains-as-market-capitalisation-dips-by-n21-billion/feed/ 0 Court Dismiss Stanbic IBTC’s Proceedings Against FRC, NOTAP https://www.theinfostride.com/court-dismiss-stanbic-ibtcs-proceedings-against-frc-notap/ Wed, 16 Dec 2015 23:46:24 +0000 http://www.theinfostride.com/?p=113221 Justice Buba of the Federal High Court delivered an oral judgment dismissing the proceedings issued by Stanbic IBTC Holdings Plc (Stanbic IBTC) against the Financial Reporting Council of Nigeria (FRC) and National Office for Technology Acquisition and Promotion (NOTAP). In his oral judgment, Mr Justice Buba held that the questions raised by Stanbic IBTC regarding [...]

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