Stanbic IBTC Bank Nigeria PMI®

Private sector activity growth slows in March, but remains solid. Business conditions in Nigeria’s private sector continued to improve solidly at the end of the quarter, but the rate of growth slowed from February. Softer uplifts in output, new orders, stocks of purchases and employment were drivers of the latest …

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Stanbic IBTC Charts Course for Real Estate Development

Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings PLC, charted a new course for real estate investment in Nigeria. The financial institution was appointed to manage a real estate investment trust scheme, UPDC REIT, as confirmed by the Security and Exchange Commission (SEC) in May 2021. The UPDC …

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Stanbic IBTC Launches Reward4Saving Promo Season 2 

Stanbic IBTC Bank PLC, a subsidiary of Stanbic Holdings PLC, has launched the season two of its savings campaign, Reward4Saving promo, as part of its continued commitment to promoting a savings lifestyle while rewarding its customers. Themed Bigger and Better, the Bank said the second edition of the campaign promises …

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Stanbic IBTC Insurance Launches The Good Life Campaign

Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings, has launched its life insurance campaign. Themed ‘The Good Life’, the campaign is geared towards creating awareness about the benefits of having insurance cover. To kick off the campaign, a launch event was held where executives of Stanbic IBTC as well …

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Wrongful Dismissal: Court Orders Airtel To Pay Ex-Employee N165.98m: “Justice J. D. Peters Ordered Airtel To Comply With The Judgment “Immediately”

The National Industrial Court Of Nigeria (NICN) Thursday ordered Airtel Networks Limited to pay its former employee, Mr. Abdul-Hakeem A. Olasewere, N165,986,419.98 for wrongful dismissal. Justice J. D. Peters ordered Airtel to comply with the judgment “immediately”. The sum comprises N100million as exemplary damages, N60million as general damages and N1million …

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At UBA’s 60th AGM, Elumelu Upholds Commitment to Exceed Growth Trajectory, Create Value for Shareholders

Shareholders Laud UBA’s Dividend Yield, Subsidiary Performance Africa’s Global Bank, United Bank for Africa (UBA) Plc, has assured shareholders and investors of its unwavering commitment to sustain its current growth trajectory even as its efforts at business diversification across Africa and beyond continues to yield increasing returns. The Group Chairman, …

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