Stanbic IBTC Holdings
Sell pressures hit hard on nation’s bourse, indices drops further by N111 billion
Following sustained profit-taking by investors on the Nigerian Stock Exchange (NSE), equity transactions continued on a downward glide yesterday, as market capitalisation dipped further by N111 billion.
Equity market depreciates 0.77% on banks’ stocks slump
Central Bank of Nigeria (CBN) huge fines on four deposit money banks over alleged illegal fund repatriation on behalf of MTN Nigeria weighed heavily on the local bourse yesterday, causing the All-share index to slide by 0.77 per cent. The Nigerian Stock Exchange-All Share Index (NSE-ASI) decreased by 272.27 absolute points, representing a 0.77 per…
Shareholders endorse Stanbic IBTC’s dividend payout
Shareholders of Stanbic IBTC Holdings Plc have approved the bank’s total dividend, culminating to per share due to every investor of the bank for the 2017 financial year. The shareholders also lauded the bank for the improved performance recorded during the year under review and adherence to corporate governance principles.
‘Agriculture in Nigeria is a risky business’
Chief Executive Officer, Stanbic IBTC Holdings Plc, Mrs Sola David-Borha, has said investing in agriculture involves high risk even as the Federal Government is looking towards diversification through the sector.