Tuesday, 8th April 2025
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Stanbic IBTC

8 Mar
Industry leaders, policymakers, and financial experts have called for a more robust fiscal policy framework to enhance the development of gas and other infrastructure in the country.
8 Feb
The sustained growth in the Nigerian private sector in 2025 has triggered an increase in business confidence, the Stanbic IBTC Purchasing Managers’ Index (PMI) has revealed.
27 Jan
Stanbic IBTC Holdings Plc has unveiled a plan to allocate 96.3 per cent of the N148.7 billion raised from its rights issue to bolster its banking subsidiary. This strategic move underscores the group’s commitment to driving economic development through investments
23 Jan
Stanbic IBTC Holdings Plc has unveiled plans to allocate 96.3 per cent of the N148.7 billion raised from its rights issue to bolster its banking subsidiary. 
Report projects inflation rate decline to 27% by December
10 Jan
A report by the NESG-Stanbic IBTC Business Confidence Monitor has projected a fall in the inflation rate to 27.1 percent by December 2025. This report reflects a silver lining in the dark cloud of Nigeria's persistent inflation rate, which has been steadily increasing recently and has caused hardships for many Nigerians. The report stated, "We…
27 Dec
Stanbic IBTC Bank, the flagship subsidiary of Stanbic IBTC Holdings, has announced a strategic partnership with Carloha, an auto showroom specialising in the retail sale and after-service of the Chery brand of vehicles.
5 Dec
Stanbic IBTC Pension Managers Limited has announced the temporary closure of select branches as well as the suspension of its digital channels due to a scheduled system maintenance exercise. Stanbic IBTC, in a notice sent to customers as seen by The Guardian, stated that certain branches will close early, at 12:00 PM on Friday, December…
19 Oct
The Nigerian agricultural sector is said to be suffering from a $182 billion funding gap, making the country’s quest for food security a herculean task to accomplish. This is despite efforts by the government. Chief Executive Officer of Stanbic IBTC Bank, Mr. Wole Adeniyi, who disclosed this at the bank's 2024 Agribusiness Breakfast Summit held…
3 Oct 2024
Inflationary pressure continues to hit Nigerian businesses as up to 49 per cent of businesses in the country reported increasing prices of products and services last month even in the face of reduced business activities due to poor consumer purchasing power.
28 Sep 2024
In a bid to encourage saving culture, Stanbic IBTC has rewarded 875 customers for their loyalty.
4 Sep 2024
Nigeria’s Purchasing Managers’ Index (PMI) saw a marginal uptick in August, rising from 49.2 to 49.9, signalling a slight improvement in business conditions. However, renewed inflationary pressure and other sectoral problems continue...
27 Aug 2024
Respite has come the way of 36 physically challenged children as Stanbic IBTC provided them with prosthetics to aid their mobility and social integration.

Latest

38 mins ago
Nigeria risks slipping deeper into a fiscal crisis as a combination of challenges, including falling crude oil prices, tariff war, significant oil production losses, and stalled tax reforms, threaten the country’s promised improved earnings.
40 mins ago
Despite police warnings, yesterday, youths across the country under the umbrella of the #TakeItBack movement staged a rally to draw attention to several national issues. Key among the concerns raised by the organisers were the alleged misuse of the Cybercrime Act
47 mins ago
Over 75 per cent of the 1.9 billion barrels of crude oil produced in Nigeria and other African countries in 2024, translating to 1.4 billion barrels was exported to Europe and other continents at the detriment of local refineries and the rising energy poverty on the continent. 
48 mins ago
The Labour Party (LP) is hurtling towards a defining moment as duelling power blocs prepare for a significant political standoff in Abuja this week, with former presidential candidate, Peter Obi, and Abia State Governor, Alex Otti, leading a fresh charge to reclaim the party.
49 mins ago
Despite the mild onset of the rainy season across the country, the weather has refused to be hospitable.
52 mins ago
Mounting fears of a global recession, driven by aggressive tariff policies in the United States, and a wave of economic uncertainty are sending shockwaves through stock markets worldwide, with the Nigerian Exchange Limited (NGX) not exempted.
53 mins ago
Four youths from Rivers State, who were exonerated and acquitted by a Federal High Court in Port Harcourt, have raised the alarm over alleged fresh plots by some stalwarts of the People Democratic Party (PDP) in the state
54 mins ago
Despite the headline PMI rising to 54.3 in March 2025, marking the highest reading since January 2024, business confidence continues to wane, falling to a three-month low.
54 mins ago
There was confusion among Nigerians, yesterday, over the implication of Saudi Arabia’s recent visa restrictions, as some expressed fear that the new policy may affect participation in the 2025 Hajj.
54 mins ago
Eighteen years after it failed to win the hosting right for the 2014 Commonwealth Games at a bid process held in Colombo, Sri Lanka, Nigeria has once again expressed interest in hosting the competition.