Stanbic IBTC Holdings News

Sola David-Borha, CEO, Rest of Africa, Standard Bank Group. Credit:

Sola David-Borha appointed Standard Bank Group Africa CEO, Yinka Sanni appointed Stanbic IBTC Holdings CEO & Demola Sogunle appointed Stanbic IBTC Bank CEO

Standard Bank Group, Africa’s largest bank by assets, has appointed Sola David-Borha as the CEO (Rest of Africa) of Standard Bank Group effective January 19th, 2017.

Fidelity Bank

Nigeria's Fidelity Bank raises $151M via bond issue to boost lending

Nigeria’s Fidelity Bank has raised 30 billion naira ($151 million) through an unsecured bond at 16.48 percent, to fund increased lending to small businesses and retail clients, financial advisers to the issue said on Monday.

A shopper peruses the grocery aisles at the South Africa–based Shoprite in the three-year-old Ikeja City Mall. Photo credit:

Global X MSCI Nigeria ETF: Speculative multi-year play approaching attractive valuation

The bet is a very long-term (multi-year) play on: (1) Earnings growth; and (2) Increased multiples assigned to equities by market participants as Nigeria’s markets mature.

Olumide Oyetan, Chief Executive Officer of Stanbic IBTC Asset Management

Nigeria's Stanbic IBTC to float more exchange-traded funds (ETFs): Olumide Oyetan, Chief Executive Officer of Stanbic IBTC Asset Management

Chief Executive Officer of Stanbic IBTC Asset Management Limited, Olumide Oyetan, has disclosed that the company will float more exchange-traded funds (ETFs) in 2015.

Maria Kiwanuka, Minister of Finance, Uganda

African Women To Watch: Finance (Video)

Women make up more than half of the workforce in financial institutions globally. However, only 19% are in senior positions, a mere 14% hold board seats, and just 2% are CEOs, according to a 2013 study by PwC.


The 20 most valuable companies in Nigeria

Discover the 20 most valuable companies in Nigeria.

Stanbic IBTC

Is there hidden value in Nigeria's Stanbic IBTC?

Stanbic IBTC is Nigeria’s best-performing bank stock. Its share price has climbed 40.5% this year and 55.4% over the past twelve months. Is it nearing the end of its run? Or is the market offering investors a discount to the bank’s real worth?

Exchange-Traded Funds (ETFs)

Nigerian Stock Exchange investors urged to take advantage of soon-to-launched Stanbic IBTC NSE-30 ETF

Chief Executive Officer, Stanbic IBTC Asset Management Limited, Mr. Olumide Oyetan, has advised investors to take advantage of its on-going N1 billion initial public offer for the Stanbic IBTC Exchange Traded Fund Stanbic IBTC ETF 30 to invest in a low cost instrument that will deliver the required market return from the NSE 30 Index of the Nigerian Stock Exchange NSE.

Stock Exchange Market Data

Stanbic IBTC opens N1B IPO for ETF that tracks Nigerian Stock Exchange's NSE 30 index

Stanbic IBTC Asset Management, a member of Standard Bank Group, has opened its initial public offering for the Stanbic IBTC Exchange Traded Fund 30 (ETF 30), with 10,000,000 units of the fund available at N100 each at par.

Catherine Uju Ifejika is one of Africa's few female oil industry bosses

Nigeria's growing number of female oil bosses

The oil and gas industry is still overwhelmingly male, with surveys showing that the executive boardrooms of petroleum companies are mostly a boys’ club.

Central Bank of Nigeria (CBN), Abuja

Nigeria's Too Big to Fail Bank Rules Spur Bond Sale Rush

Nigerian lenders are gearing up to sell the most debt in four years to bolster cash reserves, taking advantage of a drop in borrowing costs before the central bank increases how much capital they need to hold.

Abraham Nwankwo, Director-General, Debt Management Office (DMO), Nigeria

Nigeria plans $100-$300 million diaspora bond by end of 2014

Nigeria plans to issue a bond totalling $100-$300 million aimed at the country’s diaspora by the end of the year, a senior debt official said on Monday.

Half of a Yellow Sun

Nollywood: The new business of African film

With Nigeria leading the way, 2014 could prove a banner year for the African film industry.