More confusion over FG, MTN crisis as telco sues AGF challenging tax claims
Though there are strong indications that MTN Nigeria is close to securing a deal with the Central Bank of Nigeria (CBN) over an order to repay $8.1bn it s alleged to have illegally repatriated to South Africa, the company has…
New Chinese currency swap deal to cut down transaction cost, ease importation—CBN
The Central Bank of Nigeria (CBN) has thrown more lights on the multiplier effects of the currency swap deal it recently consummated with the Peoples Bank of China (PBC), saying the new arrangements will among other things, cut down import…
Stanbic IBTC Bank made banking digitally easier to encourage, empower youths
Stanbic IBTC Bank has given more reasons why majority of its platforms and products are digitally driven, saying empowering youths with digital technology tools and skills would enable them enjoy the full benefits of digital financial transactions. The bank said…
MTN Nigeria freed, Stanbic bank, CBN indicted in transfer of $13.9bn
After more than one year of probe, the Senate has come out to say that rather than blaming MTN Nigeria for the repatriation of $13.9bn, the Central bank of Nigeria and Stanbic IBTC Bank may have erred in their regulatory…
Stanbic Silver banking scheme tailored to ease transactions —Sogunle
The managing director and chief executive officer of Stanbic IBTC Bank, Dr. Demola Sogunle has described the bank’s new product offering, Stanbic Silver Banking service as an attestation of the bank’s desire to step up customer’s ease of banking transactions….
How Barclays suddenly become advisor in sale of 9Mobile
Facts on why rather than Citigroup and Standard Banks, new advisor had been preferred for arranging the sale of 9Moblie on or before December, 31st 2017. Though analysts say the sudden change had the backing of the 13 banks who…
Stanbic IBTC opens window for Graduate Trainee Recruitment 2017
Stanbic IBTC Bank; a subsidiary of Stanbic IBTC Holdings, has announced readiness to accept entries into the bank’s Graduate Trainee Recruitment for 2017. Also, Stanbic IBTC Holdings is a member of Standard Bank Group, Africa’s largest banking group ranked by…
Sanni expressed delight on Stanbic IBTC Q1 performance, says future is bright
The Chief Executive Officer of Stanbic IBTC Bank, Mr. Yinka Sanni has received the quarter 1 result and expressed satisfaction, saying “I am delighted to announce another strong performance for the first quarter of 2017 following the recent release of…
