Archive for February, 2025

Stanbic IBTC Holdings launches N148.7B Rights Issue

Stanbic IBTC Holdings launches N148.7B Rights Issue

News February 5, 2025 at 4:00 pm 0 comments

    Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has announced the opening of its ₦148.7 billion Rights Issue.      The Rights Issue, which opened on 15 January 2025, and is expected to close on 21 February 2025, offers existing shareholders the opportunity to subscribe to 2,944,772,083 Ordinary Shares of 50 kobo each at ₦50.50 perRead More

Stanbic IBTC Bank PMI reveals rise in business confidence, sustained growth, as 2025 begins

Stanbic IBTC Bank PMI reveals rise in business confidence, sustained growth, as 2025 begins

News February 3, 2025 at 9:52 pm 0 comments

    The nascent growth in the Nigerian private sector seen at the end of 2024 was sustained into the first month of 2025, with new orders and business activity each continuing to rise. Moreover, there was a large improvement in business confidence while firms expanded employment, purchasing and inventories.     Although input costs and output prices continued toRead More

Promo: Ecobank doles out N42m, in  6 months

Promo: Ecobank doles out N42m, in 6 months

Marketing February 3, 2025 at 9:05 pm 0 comments

  L-R: Head, Consumer Products & Segments, Ecobank Nigeria, Victor Yalokwu; one of the lucky winners of N500,000.00 in quarterly draws category, Aminat Adefaka; Head, Consumer Banking,  Adeola Ogunyemi; Head, Product Marketing, Ejiebhen Egbomondion and Head, Corporate Communications, Austen Osokpor: all of Ecobank Nigerian,  during the bank’s  Super Reward Grand Finale draws held in Lagos, recently.     The managementRead More

Despite Q4, 2024 growth, real productivity remains a huge concern - LCCI

Despite Q4, 2024 growth, real productivity remains a huge concern – LCCI

News February 3, 2025 at 7:56 pm 0 comments

The Lagos Chamber of Commerce and Industry (LCCI) has said that despite the GDP figures, in the fourth  quarter, 2024, indicating a steady growth, real productivity and economic stability are still of critical concerns. The Chamber, in a statement issued by its Director General, Dr. Chinyere Almona, noted that the disproportionate reliance on the services sector, with declining contributions fromRead More