Month: July 2024

Stanbic IBTC Empowers 200 Nigerian Future Leaders through Transformative Scholarship Programme

Following its successful launch in 2019, with the selection of 100 students nationwide, the annual Stanbic IBTC University Scholarship programme has proven to be a launchpad for Nigeria’s brightest minds to advance academically; providing a supportive environment to for them to reach their full potential. To further extend its impact, Stanbic IBTC increased the number…

President Nguema of Gabon invites Dangote to invest in Cement, Fertilser production in country

President Brice Oligui Nguema of Gabon has invited the President and Chief Executive Officer of Dangote Industries Limited (DIL), Aliko Dangote to invest in Cement and Fertiliser production in Gabon. The President urged Dangote to explore potential investment opportunities in the country’s cement and fertilizer sectors, specifically urea and phosphate production. During the visit, Dangote…

Q2 Media Performance Review: Banking, Insurance, and Telecom CEOs in Focus

In spite of the challenging economic conditions and their adverse effects on businesses nationwide, Nigeria’s commercial banking, insurance, and telecommunications sectors have consistently maintained robust media relations, marketing strategies, and public awareness initiatives. Their success has been bolstered by the impressive data shared with the media in the second quarter, which has helped sustain positive…

Zenith Bank Retains Top Spot as Nigeria’s Number One Bank By Tier-1 Capital For Fifteen Years In The 2024 Top 1000 World Banks’ Ranking

For the fifteenth consecutive year, Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital in the 2024 Top 1000 World Banks’ Rankings, published by The Banker Magazine. This ranking places Zenith Bank Plc as the 565th Bank globally with a Tier-1 Capital of $2.01 billion. The rankings,…

Tinubu to Attend 6th Mid-Year Coordination Meeting Of the African Union in Ghana

President Bola Tinubu will on Saturday, July 20, depart Abuja for Accra, Ghana to participate in the 6th Mid-Year Coordination Meeting of the African Union (AU), the Regional Economic Communities (RECs), the Regional Mechanisms (RMs), and the African Union Member States. A statement issued on Friday by Ajuri Ngelale, Special Adviser to the President (Media…

Unity Bank Customers Win Over N4 Million in Cashtoken Rewards Promo

Unity Bank customers have claimed over N4 million in cash rewards in its ongoing loyalty programme recently rolled out with Cashtoken, a Cash Reward-as-a-Service company. The winners included no fewer than 40 customers who adopted and transacted on the Bank’s digital banking platforms, including the UniFi mobile banking application, the *7799# USSD platform or activated…

Stanbic IBTC Bank Limited, the leading Custodial and Investor Services Company in Nigeria, proudly announces the extension of its securities lending services to include fixed-income securities. This significant development marks a new milestone in the Nigerian capital market, providing clients with enhanced opportunities for income generation and increased market liquidity. With this development, institutional clients,…

Duchess Hospital wins 2024 Private Tertiary Healthcare Facility of the Year Award

Duchess International Hospital, Ikeja GRA, Lagos has been voted the Private Tertiary Healthcare Facility of the Year 2024.  In a keenly contested nationwide voting process with nominees including several prominent and high-profile Nigerian hospitals, Duchess Hospital came first in the private tertiary healthcare facility of the year category. This award comes less than three years…

Adaora Umeoji Highlights Zenith Bank’s Robust Financial Metrics; Says Bank Is Poised to Cross the N1 Trillion Mark in Profit In 2024

Zenith Bank Plc, Group Managing Director/Chief Executive Officer –  Adaora Umeoji Zenith Bank Plc, Nigeria’s leading financial institution, held its Capital Markets Day last week to showcase the bank’s inherent values as it embarks on its recapitalization journey. The event, which brought together key market players, focused on the bank’s growth trajectory, strategic objectives, market…

Stanbic IBTC Bank Partners Lagos State on Water, Sanitation Infrastructure Funding Summit

Stanbic IBTC Bank, one of Nigeria’s leading financial institutions, partnered with the Lagos State Water Regulatory Commission to host its fifth edition of Lagos International Water and Sanitation Conference (LIWAC) 2024, which was held on Tuesday, 25 and Wednesday 26 June 2024 at Eko Hotel & Suites in Lagos. The summit focused on innovative funding…