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Stanbic IBTC BANK, Stakeholders Clash Over Share Holding Restructuring Plans

THE controversy between minority shareholders and the management of Stanbic IBTC Bank over alleged schemes by the latter to float a rights issue for at least N18 billion fresh capital may have raised questions about the operating terms of the Nigerian partners of South Africa’s Standard Bank in the continent’s largest economy, The Guardian has learnt.

Mathias Okwe, (Assistant Business Editor, Abuja)