Determined to foster gender parity and sustain its reputation as a gender-friendly organisation, Stanbic IBTC Holdings PLC continued to ensure that every female employee has equal opportunities for career growth within the group. There have been gales of promotions of deserving female employees to senior executive positions, which was perhaps unprecedented in the financial services…
As part of its commitment to help stimulate and grow a solid and active small and medium scale enterprises sector in Nigeria, Stanbic IBTC established the SME Capacity Building series, which has trained about 3,000 entrepreneurs in the country. To further strengthen the initiative, the Bank, in 2019, entered a partnership with the Enterprise Development…
Accolades have continued to pour in for Stanbic IBTC in recognition of the organisation’s outstanding performance across various facets of Nigeria’s financial industry and its contribution to the development of the Nigerian economy. The most recent was the emergence of Stanbic IBTC Bank PLC as the Best Sub-Custodian Bank in Nigeria at the 2021 edition…
Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider has rolled out robust products, known as Acada School Portal Solution with the aim of adding value to the different levels in the educational sector; whilst making a new entrant into the financial sector with the unveiling of the Alumni Banking Service. The two products Acada…
In a bid to safeguard its e-banking platforms with enhanced safety and security features, Unity Bank Plc has unveiled a new code on its USSD platform that completely puts the customer in control of his Bank Account against any e-Banking fraud. The new code which is *7799*9*Phone Number # allows customers to block access to…
Digital insurance companies, Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA), have confirmed that customers are now able to purchase insurance policies from their websites, www.heirsinsurance.com and www.heirslifeassurance.com, in mere minutes. The revolutionary, interactive websites—first of their kind in Nigeria—ensure that customers have access to quick insurance, completing transactions in minutes wherever they are,…
Nigeria’s private sector began the second half of the year on a positive footing as they continued the run of expansion that began in July 2020. Quicker upticks in output, new orders, purchases and employment supported growth. Despite this, firms were able to keep backlogs at bay, though sentiment did moderate to the weakest since…
Online business owners can now access funding of up to N2million with SocialPay, an online payment collection product designed by Sterling’s The Business Hub to facilitate payments via multiple payment options including USSD, bank transfer, card options, and PayWithSpecta. In addition, the first 10,000 merchants will have access to a one-month interest free loan up…
Dangote Sugar Refinery recorded strong improvements in performance indices in half year ended June 30, 2021, as group revenue increased by 27.8 percent to N131.95 billion in contrast to N103.23 billion recorded at the same period in the preceding year. According to the refinery’s unaudited results for the period, Gross profit grew double digit at…
Africa’s largest cement producer, Dangote Cement has announced resilient results for the six months ended 30th June 2021 as Group sales volumes hit 15.3Mt. According to the company’s unaudited results for the period under review, Nigerian operations accounted for a sales volume of 9.87 Mt while pan African operations contributed the balance of 5.5Mt. The…