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January 2024: Stanbic IBTC Bank PMI reveals steady recovery  in private sector

January 2024: Stanbic IBTC Bank PMI reveals steady recovery in private sector

News February 5, 2024 at 7:28 pm 0 comments

  The recovery in the Nigerian private sector has begun to gather momentum at the start of 2024, with rates of expansion in output and new orders accelerating sharply, a recent survey, tagged ”Stanbic IBTC Purchasing Managers’ Index” (PMI), has revealed.     The report, which also revealed a marked expansion in purchasing activity, explained that the difficulties in payingRead More

ARCON debunks N3m Ad Vetting claim

ARCON debunks N3m Ad Vetting claim

News January 28, 2024 at 10:17 am 0 comments

  The Advertising Regulatory Council of Nigeria (ARCON), has said claim by the Advertisers Association of Nigeria (ADVAN) that the agency now charges N3million as advert vetting fee is false and misleading.   Describing the report, tagged ‘Advertisers Protest ARCON’s N3million Advert Vetting’, as  malicious and a misrepresentation of the vetting fee process, the apex regulatory body in the nation’sRead More

FCCPC flags off campaign against rising tobacco use among youths

FCCPC flags off campaign against rising tobacco use among youths

News January 28, 2024 at 9:57 am 0 comments

  The Federal Competition and Consumer Protection Commission (FCCPC) has flagged off an advocacy campaign, aimed at combating the rise in the use of tobacco among the nation’s youths.   Flagging off the campaign, tagged ”Don’t Burn Their Future’, in Lagos, recently, the Acting Executive Vice Chairman of the Commission, Dr. Adamu Abdulahi  explained that the  campaign stemmed from theRead More

Ecobank Nigeria retains S&P Global 'B-/B' Ratings

Ecobank Nigeria retains S&P Global ‘B-/B’ Ratings

News January 23, 2024 at 8:42 am 0 comments

    Standard and Poors (S&P), a global rating agency has affirmed its ‘B-/B’ long- and short-term issuer credit ratings on Ecobank Nigeria, implying  the bank’s capacity to meet its current financial commitment on obligations despite the adverse business, financial, and economic conditions prevalent in the country.     The agency, however,  stated that further potential depreciation of the nairaRead More

More winners emerge in Stanbic IBTC Bank promo

More winners emerge in Stanbic IBTC Bank promo

News January 23, 2024 at 8:15 am 0 comments

    70  customers have emerged winners of cash prizes in the December draw of Stanbic IBTC Bank’s Reward4Saving Promo, a reward scheme for savings account holders of the bank, introduced to encourage savings culture.     Speaking during the draw, Head, Middle Markets and Youth Segment, Stanbic IBTC Bank, Layo Ilori-Olaogun applauded the commitment of participants and winners, whileRead More