Category: Business

0 Comment ,
Stanbic IBTC Wins Prestigious Awards for Gender Diversity, Equality

Stanbic IBTC Holdings PLC, a member of Standard Bank Group and a leading end-to-end financial institution in Nigeria, proudly received two coveted awards at the esteemed International Finance Corporation (IFC) and Nigerian Exchange Limited (NGX) Nigeria2Equal Program Dinner and Awards event which was held in Lagos. The event celebrated organizations that exemplified unwavering dedication to gender equality and the empowerment of women in the workplace. Stanbic IBTC…

Read the rest of this entry

0 Comment ,
LOTUS Bank Renovates Yabatech Banking and Finance Department

As part of its commitment to supporting the educational sector in Nigeria, LOTUS Bank, a leading Non-interest financial institution, has donated a brand-new 18-seater bus to Yaba College of Technology, Lagos. The donation was made alongside other contributions, which includes the renovation of the college’s Banking and Finance Department, the provision of office equipment for…

Read the rest of this entry

0 Comment ,
GTCO Shareholders Endorse N91.24bn Total Dividend Payout for 2022

Shareholders of Guaranty Trust Holding Company (GTCO) Plc, have endorsed the payment of a total dividend of N91.236 billion, representing N3.10 per share for the financial year ended December 31, 2022. This endorsement was made at the holding company’s second annual general meeting held on Thursday, virtually. The Group proposed a final dividend of N2.80…

Read the rest of this entry

0 Comment

Stanbic IBTC Holdings PLC, a leading provider of financial services in Nigeria, is pleased to announce the commencement of operations of its wholly-owned financial technology subsidiary. Having received all required regulatory approvals and licenses to commence operations, the subsidiary will operate under the name Stanbic IBTC Financial Services Limited. It will function primarily as a…

Read the rest of this entry

0 Comment
GTCO Reports Profit Before Tax of N74.1billion in Q1 2023

Guaranty Trust Holding Company Plc (GTCO or the Group) has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2023, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦74.1billion, representing an increase of 36.5% over ₦54.3billion recorded in the corresponding…

Read the rest of this entry

0 Comment , ,
2022 FY Audited Result: GTCO Plc Declares Profit before Tax of ₦214.2billion, Dividend of ₦3.10

Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the year ended December 31, 2022, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦214.2billion, representing 3.3% dip from ₦221.5billion posted in the corresponding year ended…

Read the rest of this entry

0 Comment
Unity Bank Holds Financial Literacy Training for Students

Unity Bank Plc has facilitated financial literacy training in thirty-one schools across Nigeria as part of the lender’s activities marking Global Money Week, 2023. The Managing Director/Chief Executive Officer of Unity Bank Plc, Mrs. Tomi Somefun took part in the programme by facilitating training on financial literacy at Kabayi Secondary School, Mararaba, Nasarawa state on…

Read the rest of this entry

0 Comment ,
Dangote Cement Shareholders to Get N340bn dividend April 14

Management of the pan-African cement manufacturer, Dangote Cement Plc has revealed that once the shareholders at the AGM slated for April 13, 2023, approve the proposal, the shareholders whose names are registered in the Company’s Register of Members at the close of business on 30 March 2023 will be immediately paid the sum of about…

Read the rest of this entry

0 Comment , , , ,
Court Orders Police to Effect Arrest, Remand of Fidelity Bank MD

A chief magistrate’s court in Ogba, Lagos, has on Monday sentenced Nneka Onyeali-Ikpe, Managing Director of Fidelity Bank, to six weeks in prison. The court, presided over by Magistrate Lateef Owolabi, extended the same sentence to Ezinwa Unuigboje, the bank’s secretary, after finding both guilty of disobeying a garnishee order of court restraining the bank…

Read the rest of this entry