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International Women’s Day is celebrated annually on March 8, and the theme for the 2020 edition is ‘Each For Equal.’ As a part of activities to mark this year’s International Women Day, Olam, a leading player in the Nigerian agricultural value chain, celebrated its female employees as well as female students of the Lagos State…

A funding solution from Standard Bank’s Real Estate Financing division has helped Growthpoint Investec African Properties Limited (GIAP) expand its sub-Saharan footprint, following the acquisition of properties from the RMB Westport Fund I (RMBW). Standard Bank acted as Mandated Lead Arranger, underwriter and coordinator and agency functions with transactional banking solutions to follow. Historically, property…

We hear about Public Relations all the time but most times, it is used in ways that does not reflect the real functions and intentions of the profession. To understand PR, you have to know what it means. At Mediacraft, we say ‘Public Relations’ is the aggregation of the (deliberate, planned and sustained) communications/engagements between…

Stanbic IBTC Bank PLC, a subsidiary of the Stanbic IBTC Holdings PLC, has reiterated its commitment to support the growth of the financial technology (fintech) industry in Nigeria. Olusola Carrena, Executive Director and Head, Corporate Finance, Stanbic IBTC Bank PLC disclosed this during the Fintech Teach-In Session themed: ”Understanding FinTech in Africa”. The event held…

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has declared a profit after tax of N75 billion in its full year audited group results for 2019. This represents an increase over its year end 2018 profit after tax which was N74.4 billion. Profit before tax for the year ended December 31, 2019 was…

Standard Bank of South Africa Limited (“SBSA”) has issued its first ever green bond, via private placement with IFC, a development finance institution focused on the private sector, part of the World Bank Group. It is a 10-year facility with the express purposes of raising capital for use in on-lending by Standard Bank Group’s (SBG)…

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has played a key role in the restructuring of A.G Leventis Nigeria. Two of the company’s subsidiaries were involved in the implementation of a minority buyout and delisting of A.G Leventis from the Nigerian Stock Exchange. Stanbic IBTC Capital Limited acted as Financial Adviser to…

African Economic Research Consortium (AERC) will hold its Senior Policy Seminar (SPS) from March 9-10, 2020 at Transcorp Hilton Hotel, Abuja. The event is hosted in partnership with the Central Bank of Nigeria (CBN) and the CBN Governor, Dr. Godwin Emefiele will deliver the keynote address. AERC’s annual Senior Policy Seminar is unique – bringing…

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has continued in its efforts to support the Federal Government’s drive to achieve a 95 percent financial inclusion rate by 2024. The foremost financial institution reaffirmed its commitment to further deepen financial inclusion in the country during the masterclass session tagged “Tech and Financial Inclusion”…

Africa Oil Corporation’s acquisition of a 50% stake in Nigeria-focused Petrobras Oil and Gas B.V. (POGBV) could be the start of a new wave of mergers and acquisitions in sub-Saharan Africa’s economically important oil and gas sector. In January, Africa Oil completed the acquisition of a 50% equity stake in POGBV in a deal worth…

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