Home · 2022 · October

Stanbic IBTC reports Quarter-on-Quarter growth in profit metrics Stanbic IBTC, a member of Standard Bank Group, has announced its nine months unaudited results for the period ended 30 September 2022. Commenting on the results, Dr Demola Sogunle, Chief Executive Stanbic IBTC, said: “We continue to witness growth in our client franchise and key income lines….

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings has reaffirmed its commitment to the growth of Nigeria’s health sector by partnering with WellaHealth, a micro-healthcare solution company, to provide quality and affordable healthcare to Nigerians. WellaHealth, a smart health solution company, provides affordable and accessible high-quality coverage for healthcare. The organisation partners healthcare providers,…

Picture the world’s children in 2050. Where do they come from? The answer might surprise you. If today’s demographic trends continue, almost half of all people under 18—about 40%—will have been born and raised in Africa. As digital penetration increases, a growing number will be adept users of technology, and some will be part of…

Olam Agri, a leading agribusiness in food, feed, and fibre and an operating group of Olam Group, has inaugurated The Seeds for the Future Foundation in Nigeria to strengthen opportunities for farmers and communities along its value chain. The Seeds for the Future Foundation will focus on four key social action pillars: supporting farms and…

Novare Lekki Mall, the largest retail mall in Nigeria owned by Novare Real Estate Nigeria, is six this year. The Chief Executive Officer of Novare Real Estate Nigeria, Mr. Hein Du Plessis, announced that Novare Real Estate Nigeria is happy to celebrate another milestone in its 10 years journey in Nigeria with the celebration of…

In commemoration of the 2022 World Food Day (WFD), Olam Agri Nigeria, on Tuesday, October 18, 2022, donated food items to the SOS Children’s Villages in Isolo, Lagos. World Food Day is celebrated on October 16 globally. This year’s commemorative event is themed “Leave No One Behind”. The theme is a rallying call to governments…

Much of today’s global discourse on climate change doesn’t adequately address the specific—and urgent—needs of countries in Africa. It’s time for African leaders to have a greater voice in the discussion. The focus on mitigation is a good example. African nations are being required to make commitments on emissions reduction, which is of course necessary….

Marriott International, the largest hotel chain in the world, have reiterated their dissatisfaction over the hastened closure of Sheraton Abuja Hotel. The closure which is effective from today, October 18, 2022, has resulted in the loss of jobs to 291 members of staff of the hotel. Yesterday, Capital Hotels PLC, the owners of hotel, agreed…

As World Food Day (WFD) is being celebrated across the globe, Outspan Nigeria Limited, a subsidiary of ofi (olam food ingredients) has reiterated its commitment to the Federal Government’s food value chain and economic development agenda. According to a statement released recently by the dairy business, a strong pivot to a deeper value chain development…

In its commitment to upskill and improve Small and Medium Scale Enterprises (SMEs), Stanbic IBTC Bank, in partnership with the FATE foundation, has trained 2,000 SMEs in Nigeria. The training of SMEs is in line with the financial institution’s mandate of driving business growth and building capacities to create successful enterprises in the country. Nnaemeka…

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