CIG Motors partners Stanbic IBTC Bank to facilitate affordable vehicle ownership In a significant development for individuals looking to acquire new automobiles this season, Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has partnered with CIG Motors, the powerhouse behind popular automobile brand, GAC Motors. The partnership, formally signed at the GAC G-Style showroom, aims to simplify the rigorous process of owning a brand-new vehicle, with a flexi-repayment structure, and a 10 per cent discount rate on all vehicles purchased wi…
ADDRESSING NNPCL'S MISINFORMATION We have received numerous inquiries from the media and other concerned stakeholders seeking clarification on a recent report attributed to the Nigerian National Petroleum Company Limited (NNPCL) that their decision to secure a $1 billion loan backed by its crude was instrumental in supporting the Dangote refinery during liquidity challenges. We would like to clarify that this is a misrepresentation of the situation as $1bn is just about 5% of the investment that went into building the Dangote Refinery. Our…
Airtel Kicks-off 10th Edition of ‘5 Days of Love’, Feeds 6,000 across Nigeria Lagos, Nigeria; Monday, 16th December 2024: Airtel Nigeria has commenced its annual 5 Days of Love campaign, a philanthropic initiative designed to spread the joy and warmth of the festive season by feeding thousands of underprivileged Nigerians and supporting communities across the country. L-R: Head, CSR, Airtel Nigeria, Chioma Okolie; General Manager, Supply Chain Management, Airtel Nigeria, Chineze Ajua; Executive Chairman, Lagos Island East, Honourable Muibi Ala…
FIRSTBANK KICKS OFF DECEMBERISSAVYBE 2024 WITH KENNY BLAQ‘S ‘RECKLESS’ MUSICOMEDY December marks a special time in Nigeria, a moment when people take a break from their hectic year to unwind, celebrate, and create lasting memories with loved ones. The month is filled with vibrant arts and entertainment, including plays, musical concerts, festivals, operas, fashion shows, poetry, and various performance arts. As the month unfolds, the atmosphere is electrified with fireworks, street carnivals, and colourful Christmas decorations, complemented b…
UBA Donates N500 Million to Lagos State Security Trust Fund, Pledges Support for State’s Effort at Improving Security United Bank for Africa(UBA) through UBA Foundation, its corporate social responsibility arm, has donated the sum of N500 million to the Lagos State Security Trust Fund (LSSTF), as part of its continued commitment to secure environment for individuals and businesses The N500m cheque was presented to the Lagos State Governor, Babajide Sanwo-Olu, by the UBA Group Chairman, Tony Elumelu, who was accompanied by the bank’s Depu…
Stanbic IBTC Pension Managers Recognised for excellence in financial inclusion Stanbic IBTC Pension Managers, a leading pension fund administrator in Nigeria, is proud to announce that it has been awarded the prestigious title of ‘Most Financially Inclusive Pension Company of the Year’ at the recently held International Financial Inclusion Conference (IFIC'24). This significant recognition was presented during an event organised by the Central Bank of Nigeria (CBN) and attended by key stakeholders in the financial sector, including regu…
Dangote refinery, a wonder of modern technology - Japan Ambassador, business community DSC 7800:L-R : Group Executive Director, Dangote Cement Plc, Knut Ulvmoen; Vice President, Oil & Gas, Dangote Industries Limited, Devakumar Edwin; Ambassador - Designate of Japan to Nigeria, Suzuki Hideo; Director - Service, Yokogawa Nigeria Limited, Olushola Olanlehin, during the visit of Japanese Business Community in Nigeria, to Dangote Petroleum Refinery & Petrochemicals and Fertiliser complexes in Lekki, on Friday December 13, 2024 DSC 7…
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