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Stanbic-IBTC Bank Plc
ANOH Gas Processing Company Limited (AGPC), a gas processing company established by the Nigerian Gas Company (NGC) and Seplat Petroleum Development Company Plc (Seplat) on a 50-50 basis has successfully raised $260million in debt to fund the completion of the AGPC Gas Processing Plant. The financing was more than 50percent oversubscribed.
The founder of Stanbic IBTC Bank Plc, Mr Atedo Peterside, has complained that only Dangote Industries Limited is allowed to move goods across the border amid the closure of the country’s land borders.
The regional branch of West Africa’s BCEAO central bank has reopened in Mali for the first time since a military coup last week, Hamadoun Ba, the president of Mali’s banking lobby, told Reuters on Monday.
The management of Stanbic IBTC Bank PLC (“the Bank”) has reacted to a publication by various online media, which purports to indicate that Ascon Oil Limited (“Ascon”) ‘retook possession’ of a property along Lekki Admiralty Way, pursuant to an alleged Court Order issued in their favour.
Mrs Jane Asuquo, an Independent Corrupt Practices and Other Related Offences Commission (ICPC)’s witness, on Wednesday, told a Federal High Court, Abuja, that Haruna Momoh, former Managing Director, Pipelines and Products Marketing Company (PPMC), used his wife, Ochuko, to launder the agency’s 700 million dollars.
The Spokesman of CBN, Isaac Okorafor in a statement said a special meeting of the Bankers’ Committee was convened on May 2, 2020, to further review the implications of the COVID-19 pandemic on the Nigerian banking industry.
Nigerian businesses need to prepare and brace themselves for a highly challenging period ahead as the coronavirus pandemic disrupts day-to-day life and commerce.
Magnus Abe, former representative of the Rivers South-East Senatorial District, has warned the federal government that the $1billion Ogoni clean up must not be consumed by the “Nigerian factor”.
The total value of capital importation into Nigeria stood at $5.36 billion in the third quarter of 2019, the National Bureau of Statistics (NBS) capital importation report released yesterday has shown.
The National Bureau of Statistics (NBS) on Monday disclosed that foreign inflow decreased from $5.82 billion in the second quarter of the year to $5.36 billion in the third quarter, a difference of $460 million.
Data obtained from the National Bureau of statistics showed that the amount of investment attracted by 22 banks accounted for 33.16 per cent of the total amount of foreign investment recorded in the first half of the year, which stood at $14.31bn.
The Central Bank of Nigeria (CBN) and 14 other banks out of the 17 ordered by an FCT High Court to show cause why plea for garnishee of alleged accounts operated by Imo Government should not be made absolute, had denied overseeing the state’s accounts.
Stakeholders in Rivers State on Tuesday has called on the National Judicial Commission (NJC) to ensure justice is meted out to perpetrators of violence during and after the 2019 general elections.
In a move aimed at offering Nigerian and Chinese clients a business-to-business networking and personal advisory service and also help them to access and unlock opportunities in Nigeria-China trade, Stanbic IBTC Bank Plc has commissioned an Africa-China Banking Centre (ACBC) in Lagos.
Critical steps required to deepen Nigeria’s debt market was the focus of discourse in Lagos as the Annual Bonds, Loans and Sukuk Nigeria Conference was held in the Nigerian commercial capital on November 6, 2018 at the Eko Convention Centre.
Nigeria's central bank and South African telecommunications firm MTN could soon strike a deal in their dispute over the repatriation of $8.1 billion, Nigeria's information minister said on Wednesday.
The Central Bank of Nigeria on Wednesday said it has commenced a review of the information provided by telecoms giant, MTN, and four banks sanctioned recently over alleged illegal repatriation of funds.
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Taraba State Governor Darius Ishaku has described the death of former minister of Women Affairs Senator Aisha Jumai Alhassan as a personal loss to him.
President Muhammadu Buhari on Friday said he is deeply saddened by the death of Hajiya Aisha Jummai Al-Hassan, “Mama Taraba’’, who was Minister of Women Affairs and Social Development during his first term in office.
Newcastle gave their Premier League survival hopes a huge boost after hammering Leicester 4-2 at the King Power Stadium.
Edo state government will spend over N3 billion to implement the Covid-19 Action Recovery and Economic Stimulus Programme.
The Nigerian National Petroleum Corporation (NNPC) has kicked off construction work in the Port Harcourt Refinery rehabilitation project with a firm commitment not to fail Nigerians.
Kano State Governor Abdullahi Umar Ganduje on Monday urged journalists to be resolute in maintaining accuracy, objectivity and professional ethics in their line of duty to deepen good governance without heating up the polity.
The Nigerian Economic Summit Group (NESG) and the National Agricultural Seeds Council (NASC) in collaboration with the Alliance for a Green Revolution in Africa (AGRA) have called on President Muhammadu Buhari to assent to the Plant Variety Protection (PVP) Bill now, stressing that it will unlock potentials across Nigeria’s Agricultural ecosystem while protecting farmers.
Chelsea defender Andreas Christensen was full of praise for Eden Hazard ahead of the Real Madrid winger's return to Stamford Bridge.
Man City were the better team and deserved to go through to the Champions League final. In France, there is talk of two players who could leave the Parisian side.
The Department of State Services (DSS) has warned highly placed individuals in the society against inciting statements and utterances which can cause disunity or forceful change of government.