The Stanbic IBTC Bank Nigeria Purchasing Managers’ Index (PMI®) reveals a complex picture of the country’s private sector performance in November. Despite continued challenges, the survey shows a subtle uptick in business conditions compared to the previous month. The headline…
Stanbic IBTC Bank unveils Senior Citizens Account for Nigerians aged 50 and older
Stanbic IBTC Bank, one of Nigeria’s leading banks, has recently launched Senior Citizens Account, an innovative solution exclusively designed for customers aged 50 years and older. This initiative is expected to serve over 15 million Nigerians estimated to be within…
Stanbic IBTC Bank charts new frontiers in Nigeria’s agricultural terrain
Stanbic IBTC Bank unveiled an ambitious plan to revolutionise Nigeria’s agricultural sector through comprehensive financial support, infrastructure development and technological advancement at its 2024 Agribusiness Breakfast Summit. The event, themed “Driving economic transformation through agro-processing: Building a sustainable future,” according…
Stanbic IBTC Bank, FinDev Canada partner to boost sustainable, gender-focused finance in Nigeria
Canadian development financier FinDev Canada has provided a US$40 million loan to Stanbic IBTC Bank, a subsidiary of Africa’s largest bank Standard Bank Group, to support sustainable and gender-inclusive financial initiatives in Nigeria. The loan will enable the bank to…
Stanbic IBTC Bank’s Reward4Saving promo 3.0 rewards 70 customers in July draw
Stanbic IBTC Bank’s Reward4Saving 3.0 promo has announced 70 more lucky winners in the July draw, each receiving a cash prize of ₦100,000. 10 winners were selected from the Bank’s seven business zones during the 11th monthly draw held at…
Stanbic IBTC Bank Nigeria PMI shows 1st business activity decline in 8 months
The private sector experienced a contraction in July, marking the first decline in business activity in eight months. The Stanbic IBTC Purchasing Managers’ Index (PMI) fell to 49.2 in July, down from 50.1 in June, indicating a slight deterioration in…
P+ Measurement unveils Media-Visible Executives of Q2 2024
In spite of the challenging economic conditions and their adverse effects on businesses nationwide, Nigeria’s commercial banking, insurance, and telecommunications sectors have consistently maintained robust media relations, marketing strategies, and public awareness initiatives. Their success has been bolstered by the…
Stanbic IBTC Bank expands securities lending services to fixed income securities
Stanbic IBTC Bank Limited, the leading custodial and investor services company in Nigeria, proudly announces the extension of its securities lending services to include fixed-income securities. This significant development marks a new milestone in the Nigerian capital market, providing clients…
Stanbic IBTC set to host Bloom Weekend
Stanbic IBTC Holdings has announced the date for its annual women’s event tagged “Bloom Weekend,” coming up in July 2024. This dynamic event, according to a statement, will celebrate women in its Blue Blossom community and feature several components including…
Stanbic IBTC Breakfast Session highlights investment potential in Nigeria’s energy sector
Stanbic IBTC Bank, a leading financial institution in Nigeria, recently hosted a pivotal Energy and Infrastructure Breakfast Session in Lagos, marking a significant milestone in the country’s sustainable energy dialogue. The event brought together a distinguished assembly of industry leaders,…