Retail lender, Plc posted gross earnings of N59.3 billion for the full year ended December 31, 2023, representing a growth of 3.84% year-on-year. In its audited financials submitted to the NGX Group Limited, the Bank also witnessed improvements across key performance indicators, including a significant appreciation of customer deposits by 23% to N402.9 billion from…
Presco PLC (Presco or the “Company”), has achieved a significant milestone with the successful issuance of its ₦82,896,000,000 7-year 23.75% senior unsecured fixed rate Series I Bonds under its ₦150 billion bond issuance programme (the “Transaction”) with the Securities and Exchange Commission (“SEC”). Stanbic IBTC Capital Limited (“Stanbic IBTC Capital”) acted as the Lead Issuing House on…
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has announced the opening of its ₦148.7 billion Rights Issue. The Rights Issue, which opened on 15 January 2025, and closes on 21 February 2025, offers existing shareholders the opportunity to subscribe to 2,944,772,083 Ordinary Shares of 50 kobo each at ₦50.50 per share. The…
natnudO Foods, a division of Amo Farm Sieberer Hatchery Limited, has officially launched the natnuPreneur Seller Scheme Hub & Spoke Model in Edo State. This initiative, introduced in partnership with the Office of the Edo State First Lady and Heifer International, aims to empower agripreneurs and smallholder farmers while improving access to affordable animal protein.…
By Victor Okonkwo Investing is a great way to grow your wealth over time. Before now, a lot of people could not access investment opportunities because they involved long processes and a certain level of capital. However, with advancements in technology and the advent of fintech startups, it is now easier to find investment opportunities…
Stanbic IBTC Pension Managers, a leading pension fund administration firm in Nigeria and a subsidiary of Stanbic IBTC Holdings PLC, has reaffirmed its commitment to enhancing customer experience by providing innovative solutions through the self-service channels. This is to ensure that customers get the support they need quickly. These self-service options aim to streamline processes…
In line with its commitment to supporting youth empowerment and technological innovation, and creating opportunities for Nigerian youths to thrive in the digital economy, Unity Bank Plc recently held a high-impact webinar to explore the role of digital technology in sustainable development. The event drew participants from across Nigeria featuring the Telecommunications, Media and Technology, (TMT)…
In another round of Stanbic IBTC Reward4Saving 3.0 promo draws, 70 customers have been rewarded with cash prizes of ₦100,000 each. 10 winners were selected from seven zones during the 10th monthly draw held at the Bank’s head office in Victoria Island, Lagos. The ongoing Reward4Saving Promo has so far rewarded over 1,770 customers with…
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,…
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…