Stanbic IBTC Holdings Plc

Business

Stanbic IBTC Approves N804.5m Directors’ Pay as Profit Hits N551.7bn, Shares Rally Above 74 Percent

Ogochukwu Onwaeze, THEWILL -
May 29 (THEWILL) — Stanbic IBTC Holdings Plc has approved N804.5 million as directors’ remuneration for the financial year ending December 31, 2026, following resolutions passed at its 14th Annual General Meeting (AGM). The approval comes amid a strong earnings...
Business

Stanbic IBTC’s Digital Lending Expansion Seen Boosting Earnings, Banking Sector Valuations

THEWILL -
December 08, (THEWILL) — Stanbic IBTC Holdings Plc’s latest push into digital retail lending is drawing attention from analysts, who say the move could strengthen the bank’s earnings capacity, improve asset quality, and lift its long-term valuation on the...
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HeadlineFelix Ifijeh, THEWILL -

Dangote Refinery Faults Continued Fuel Imports, Says Local Capacity Can Meet Nigeria’s Demand

According to market data available to the refinery, imported PMS accounted for approximately 43 per cent of fuel supplied into the Nigerian market in July. The development, it said, raises questions about the necessity of continued large-scale imports at a time when Nigeria has significantly expanded its domestic refining capacity.
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