Companies in Nigeria continued to be negatively impacted by strong inflationary pressures in November, with new orders and output both falling as customers were either reluctant or unable to pay higher charges. Purchase prices rose at the fastest pace in almost two years amid exchange rate weakness and higher costs for fuel and materials. The headline figure derived from the …

More winners have emerged in the Stanbic IBTC Bank Reward4Saving Season 3 promo for October, with 70 customers awarded cash prizes of N100,000 each in the monthly draw. The event was held at the bank’s Walter Carrington Crescent head office in Lagos, where winners were presented with their corresponding cheques at the event last Friday. The Reward4Saving promo, a reward …

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has unveiled the highly anticipated second season of its transformative and creative initiative – the FUZE Talent Show. Building on the success of the inaugural season, FUZE Talent Show 2.0 is set once again to ignite the talents and aspirations of Nigerian youths. The FUZE Talent Show initiative is evidence …

In a thought-provoking breakfast forum organised by the Nigeria-South Africa Chamber of Commerce (NSACC), key industry experts shed light on Nigeria’s economic outlook, microeconomic developments and emerging business opportunities in the country. Sponsored by Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, the event brought together a diverse panel of eminent industry experts who shared insights and actionable guidance, …

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has rewarded 70 customers with cash prizes in the maiden draw of its Reward4Saving 3.0 promo. The first draw of this season, which took place at the Stanbic IBTC Head Office in Walter Carrington Crescent, Victoria Island, Lagos, saw new and existing customers from seven regions win cash prizes of ₦100,000 …

As part of its commitment to promoting health and well-being within its community, Stanbic IBTC, a leading financial institution in Nigeria and a member of Standard Bank Group, through its Blue Blossom community has joined forces with Evercare, a prominent healthcare provider to support and sponsor the upcoming 2023 Evercare’s Breast Cancer Awareness Walk. The event, scheduled from 8 am …

Stanbic IBTC Holdings, a member of Standard Bank Group, has shared some of its latest findings from the Africa Trade Barometer 2023 Issue three report. The report, which assesses key economic indicators in Africa highlights several noteworthy developments across African countries. According to the latest Africa Trade Barometer, Nigeria has moved up four positions from 8th to 4th in the …

Stanbic IBTC Holdings, a member of the Standard Bank Group, is actively supporting the Green Recovery Nigeria (GRN) Programme in collaboration with the Nigerian Conservation Foundation (NCF). The aim is to elevate Nigeria’s forest cover from its current meager five per cent to the recommended 25% of national land cover by 2050, as advised by the Food and Agriculture Organisation. …

Stanbic IBTC Plc, weekend, provided 30,000 units of trees to be planted in 10 states of the federation. The financial institution said the move was one of the measures it is taking to reduce carbon emissions and then create a positive social, environmental and economic impact in the nation. The Chief Executive Officer of the bank, Dr. Demola Sogunle, disclosed …

Stanbic IBTC Bank, a leading financial services provider, is proud to announce its recent recognition at the prestigious Global Transaction Banking Innovation Awards. The award, presented during a gala event held last Thursday, acknowledged Stanbic IBTC’s exceptional contributions and innovation in the field of transaction banking. Stanbic IBTC won in four categories including Best Bank for Trade Finance in Nigeria, …