Stanbic IBTC Pension Managers Partners with Employers to Ensure a secure retirement for Retirees Stanbic IBTC Pension Managers Limited, a subsidiary of Stanbic IBTC Holdings PLC has reaffirmed its unwavering commitment to securing a prosperous future for its customers. During the highly successful 2023 edition of the Annual Employers Forum, Olumide Oyetan, Chief Executive, Stanbic IBTC Pension Managers emphasized this dedication towards helping their customers retire well. The forum, a brainchild of Stanbic IBTC Pension Managers successfu…
FIRSTBANK INTRODUCES THE FIRST HUMANOID ROBOT, REINFORCES ITS COMMITMENT TO PROVIDING INNOVATIVE FINANCIAL SOLUTIONS FOR CUSTOMERS FirstBank has launched an industry first Humanoid Robot at its Adetokunbo Ademola VI, Lagos Digital Experience Centre (DXC) Branch The robot is among the phased configuration of the banks state-of-the-art digitally led self-service branch The Humanoid Robot is equipped with Video Banking and Artificial Intelligence (AI), taking on the role of a friendly branch staff. In furtherance to its leading role in provid…
Bloomberg rates Aliko Dangote richest man in Africa with $15.6bn … Emerges the only Nigerian among six Africans in the top 500 Index President of Dangote Group, Aliko Dangote remains the richest man in Africa, despite the volatility of Nigerian currency against the dollar. Bloomberg in its daily top billionaire lists, released on Tuesday, revealed that Dangote with a wealth of $15.6 billion topped other Africans in the Index. Dangote, who remains the richest man in Africa for the 12th year running, was the only Nigerian on the list o…
Sterling Bank, SMEDAN To Create Nigeria's Largest SME Database Lagos, Nigeria, 28 June 2023: One of Africa's fastest-growing companies, Sterling Bank, has recently signed an agreement with the Small & Medium Enterprises Development Agency of Nigeria (SMEDAN) to establish a comprehensive database of Small and Medium Scale Enterprises (SMEs) in Nigeria. This will help in scaling intervention programs and providing tailored solutions that truly contribute to the growth of SMEs. The signing ceremony took place in Lagos, where the Ch…
Sterling Bank’s Qore Sparks Nigerian EV Revolution To Life Lagos, Nigeria: Nigeria's leading commercial bank and one of Africa's fastest-growing companies, Sterling Bank, has changed the course of Nigeria's energy and transportation sectors with the launch of Qore; its suite of renewable energy-powered transportation solutions. Qore will offer the purchase and financing of electric vehicles (EVs), EV charging stations, conversion of fossil-fuel-powered engines to EV engines, battery swapping services for modular EVs, and more. F…
ZENITH BANK’S CFO, MUKHTAR ADAM, WINS CHIEF FINANCIAL OFFICER OF THE YEAR AT THE ALL AFRICA BUSINESS LEADERS AWARDS Caption: L-R: Head of Private Clients, SASFIN Wealth, South Africa, Flynn Robson; Chief Financial Officer, Zenith Bank Plc, Dr. Muk h tar Adam; and Chairman, BSG, South Africa, Mteto Nyati during the presentation of the CFO of the Year Award to Dr. Muk h tar Adam at the 11th All Africa Business Leaders Awards (AABLA) in partnership with CNBC Africa , held at the King’s Ballroom, Sun City, South Africa at the weekend . The C…
Dangote Sugar turns preferred asset Dangote Sugar's strong earning is attracting strong bid for its stock, leading to a 36.21 per cent appreciation in the first half of 2023. In 42 months, investors were richer with a 48.85 per cent capital gain between 2020 and June 31, 2023. Kasimu Garba Kurfi , managing director, APT Securities and Funds Limited attributes this to the 2022 full year and Q1- 23 results. In its 2022 financial year, the company announced a 46.02 per cent increase in revenue to N403.24 billion from N276.05 billion. Pro…
Applause As Nestlé Employees Mentor 12,000 Students Accross Nation 280 Nestlé Nigeria volunteers including the Managing Director and CEO, Wassim Elhusseini are mentoring 12,000 students in JSS2, SS1 and SS2 classes in twentythree public secondary schools across Nigeria. The Youth Leadership Mentoring Program aims to instill the right values, skills and attitudes requisite for success and positive personal development from an early age in children. Chizoba Ezirim, National Coordinator and Head of strategy at REVAMP Africa Olurotimi Joseph …
LEADERSHIP AND FIRSTBANK’S SUCCESSFUL TRANSITIONING TO ‘CLICK’ BANKING In December 2015, the share price of First Bank of Nigeria Limited was trading around N4.8 band. About seven years later, precisely last December, the value held tightly to N15, growing by over threefold amid general asset and economic doldrums. The steep rise in the valuation of the financial institution deviates remarkably from the average performance of FUGAZ, an acronym describing the top five Nigerian banks by market capitalisation. In the past seven years, the shar…
ACCESS BANK LAUNCHES FIRST AMERICAN EXPRESS CARDS TO BE ISSUED IN NIGERIA In maintaining its leadership status as Nigeria’s most innovative bank, Access Bank (https://www.AccessBankPlc.com/) has unveiled two new consumer credit cards: the Access Bank American Express Gold Card and the Metal Platinum Card. These are the first American Express cards to be issued in Nigeria and West Africa. By launching these cards, Access Bank has improved its overall offering to its retail and private bank customers, who can now enjoy the Membership Rew…
IG USMAN Probes how Dapo Abiodun loaded N5 billion on bank-linked vouchers to buy votes in Ogun governorship election The N5 billion allegedly used by Mr Abiodun in printing the cards and their cost violated the financing threshold of N1 billion mandated by section 88 of the Electoral Act, 2022. The Inspector General of Police, Usman Baba, has directed police commissioner Olanrewaju Oladimeji in Ogun to investigate Governor Dapo Abiodun over allegations that he loaded N5 billion on bank-linked vouchers to buy votes in the March 18 gubernatori…
Stanbic IBTC Pension Managers Organises Pre-Retirement Seminars Nationwide Stanbic IBTC Pension Managers Limited, a subsidiary of Stanbic IBTC Holdings PLC, recently organized a series of pre-retirement seminars in three states across the federation - namely Edo, Plateau, and Oyo States, from 11 May to 25 May 2023. At these seminars, the esteemed customers of the organization received valuable knowledge on effective early retirement planning and investment strategies. L-R: Olumide Oyetan, Chief Executive, Stanbic IBTC Pension Managers; …
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