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Former Stanbic IBTC CEO Sola David-Borha sells shares for N38.9m

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Former chief executive officer of Stanbic IBTC Holdings Sola David-Borha has sold 615,812 units of her shares with the lender. The shares sold at an...

FCMB, Stanbic IBTC bank managers arrested for allegedly sabotaging distribution of...

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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested managers of First City Monument Bank (FCMB) and Stanbic IBTC Bank for...

Stanbic IBTC woos DJ Cuppy with VIP insurance for Ferrari

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Stanbic IBTC Bank has offered to help DJ Cuppy broker an exclusive VIP insurance package for her new Ferrari. The bank made the request on...

Oyo shuts Skye Bank, FCMB, others over levy

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No fewer than 20 branches of new generation banks have been sealed in Ibadan, Oyo state government in Ibadan, Oyo State on Monday. The move...

N1.8bn fine imposed on Stanbic IBTC in national interest – CBN

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The Central Bank of Nigeria (CBN) on Friday said the alleged deduction of N1.886 billion fine from Stanbic IBTC Bank’s account was in the...

Dangote Cement leads losers’ pack on NSE in bearish market 

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The free fall of equities continued on the Nigerian Stock Exchange (NSE) on Thursday with major equities recording further depreciation led by Dangote Cement. The...

Senate approves report exonerating MTN over fund transfers

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Nigeria's Senate approved on Wednesday a report largely exonerating South African telecoms company MTN Group's Nigerian unit after the business was accused of illegally...

MTN sets 2017 for listing on Nigerian Stock Exchange

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As part of a settlement arrangement with the Federal Government of Nigeria, MTN Nigeria has announced that it would undertake to take immediate steps...

Zenith Bank is the most customer-focused in Nigeria – KPMG

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Zenith Bank Plc has again been rated Nigeria’s most customer-focused bank by the leading advisory and consultancy firm, KPMG. In the 2016 edition of the...

Nigerian Breweries tops losers chart as NSE market capitalisation drops N22b

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Transactions on the Nigerian Stock Exchange opened on Monday on a negative trend with the market capitalisation dropping by N22 billion. The market capitalisation, which...