Stanbic IBTC Asset Management (“the company”), a subsidiary of Stanbic IBTC Holdings PLC recently announced its final 2021 distribution of NGN2.00 per unit to unitholders invested in Tranche I of the Stanbic IBTC Infrastructure Fund (“the Infrastructure Fund”). The distribution, which was made in January 2022, is in addition to …

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, held its annual Youth Leadership Series (YLS) on Tuesday, 8 March 2022, at the Yaba College of Technology, Lagos. The event, which was designed to upskill and empower young Nigerians to become future business leaders, was themed ‘Becoming’. The 2022 edition, …

United Bank for Africa (UBA) Plc, has assured its shareholders and investors of excellent performance in the 2022 financial year, as the bank continues to deepen its foothold to reap the benefits of its investments in strong and innovative digital product offerings and expanded scope over the past few years. …

The Securities and Exchange Commission (SEC), on Monday, sealed the premises of Oxford International Group, Farmforte Agro-Allied Solutions Limited/Agropartnerships and Vektr Capital Investment, for allegedly engaging in illegal investment activities. The apex capital market regulator accused the companies of carrying out capital market activities without a license. One of the companies — …

Pitan President Muhammadu Buhari has approved the renewal of the appointment of Olukayode Pitan as the managing director and chief executive officer of the Bank of Industry (BoI) for a final term of five years. In a statement issued on Tuesday by the Special Assistant on Media to the Minister …

The Economic and Financial Crimes Commission (EFCC) and the Chairman of Dozzy Oil and Gas LTD, Sir Daniel Chukwudozie, have asked a Rivers State High Court to dismiss a suit filed by the Chairman of Ibeto Group, Chief Cletus Ibeto seeking to stop the EFCC from investigating him over an …

John Akpanudoedehe Sen. John James Akpanudoedehe, national secretary of All Progressives Congress (APC) Caretaker/Extraordinary Convention Planning Committee (CECPC) on Tuesday, said the committee as led by Mai Mala Buni is still intact and that the Yobe governor is still the acting chairman of the party. Akpanudoedehe’s remarks comes as loyalists …

Zainab Ahmed, Minister of Finance, Budget and National Planning Nigeria’s debt service rose by 37% to $2.12 billion in 2021, up from $1.56 billion spent in 2020, data from the Central Bank of Nigeria (CBN) indicate. There was, however, a 58 per cent decline in debt service payment in the …

  Guaranty Trust Holding Company Plc (GTCO Plc), is set to continue its long-running showpiece event– The Food and Drink Festival. For the 5th Edition, this headlining event will hold from Saturday, Sunday, May 1 to Tuesday, May 3, 2022, at the GTCentre, Plot 1 Water Corporation Drive, Oniru, Lagos. …

…hosted 4-day virtual empowerment seminars for teeming staff As part of its commitment to empower women to break the bias in today’s world, Heritage Bank Plc has joined forces with Fateema Mohammed Ogunkola Foundation (FAMO) in advancing women’s economic sustainability in Nigeria. This move was made known at an event …