Stanbic IBTC Bank Archives - Tech | Business | Economy https://techeconomy.ng/tag/stanbic-ibtc-bank-2/ Tech | Business | Economy Thu, 09 Jul 2026 12:48:29 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0.2 https://techeconomy.ng/wp-content/uploads/2026/02/cropped-techeconomy-logo-32x32.jpeg Stanbic IBTC Bank Archives - Tech | Business | Economy https://techeconomy.ng/tag/stanbic-ibtc-bank-2/ 32 32 199702177 Rethinking How Nigeria Supports SME Growth https://techeconomy.ng/rethinking-how-nigeria-supports-sme-growth/ https://techeconomy.ng/rethinking-how-nigeria-supports-sme-growth/#respond Thu, 09 Jul 2026 12:48:29 +0000 https://techeconomy.ng/?p=185098 | By: Olajumoke Bello, head Enterprise Banking, Stanbic IBTC Bank Across Nigeria, small and medium enterprises remain the backbone of economic activity. They drive trade, create jobs, and sustain millions of livelihoods. Yet, despite their importance, many SMEs continue to operate below their full potential due to persistent structural challenges. Access to finance remains one […]

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| By: Olajumoke Bello, head Enterprise Banking, Stanbic IBTC Bank

Across Nigeria, small and medium enterprises remain the backbone of economic activity. They drive trade, create jobs, and sustain millions of livelihoods.

Yet, despite their importance, many SMEs continue to operate below their full potential due to persistent structural challenges.

Access to finance remains one of the most cited constraints. However, the issue today goes beyond availability of capital.

Many businesses struggle with financial readiness, weak documentation, and limited understanding of what lenders require. This often leads to missed opportunities, even when funding options exist.

At the same time, SMEs face gaps in market access and visibility. Business owners operate in highly localised environments, with limited exposure to broader networks that can unlock partnerships, new markets, and growth opportunities. This isolation can constrain scalability and reduce long-term competitiveness.

Equally important is the capability gap. Many entrepreneurs grow through resilience and experience but lack structured knowledge on critical areas such as financial management, export readiness, and digital adoption. Without this, even well-capitalised businesses can struggle to sustain growth.

These challenges point to a clear need for a more practical and integrated approach to SME support. It is no longer sufficient to offer standalone solutions.

SMEs require ecosystems that combine knowledge, access, and direct engagement in ways that reflect how they actually operate.

A key shift is the move from centralised interventions to localised engagement. SMEs are deeply influenced by their immediate environments, whether markets, industrial clusters, or trade corridors.

Solutions must therefore be brought closer to where these businesses function, allowing for more relevant support and stronger relationships.

Another important shift is from awareness to action. Business owners do not only need information; they need insights that they can apply immediately. This includes understanding how to structure their finances, how to access trade opportunities, and how to connect with the right partners to scale their operations.

There is also a growing need for continuity. Many SME-focused initiatives deliver strong initial impact but lack follow-through. For support to be effective, it must extend beyond one-off engagements into sustained relationships, with clear pathways for onboarding, advisory, and growth.

For financial institutions, this presents both responsibility and an opportunity. Supporting SMEs now requires moving beyond transactional banking to deeper partnership models. It requires understanding businesses at a granular level and co-creating solutions that evolve with their needs.

At Stanbic IBTC, this perspective continues to shape our approach to SME development. Our focus is on delivering practical support that translates into real business outcomes, helping enterprises grow, compete, and contribute more meaningfully to the economy.

Stanbic IBTC EVB
Stanbic IBTC

As part of this commitment, we are extending our SME engagement to the regions through the Nigeria Business Summit Regional Tour.

The tour will take structured, on-ground activations into key commercial hubs, where SMEs can access funding guidance, trade insights, advisory support, and direct engagement with financial experts.

The regional tour will take place across five strategic locations, bringing these solutions closer to business owners in Aba, Onitsha, Ibadan and Kano.

This approach reflects an important principle. When support moves closer to businesses, and when solutions are delivered in ways that are practical and continuous, SMEs are better positioned to grow sustainably. In turn, this strengthens not only individual enterprises but the broader economy.

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Stanbic IBTC Partners Katsina Agency ‘KASEDA’ to Boost MSME Access to Finance https://techeconomy.ng/stanbic-ibtc-partners-katsina-agency-kaseda-to-boost-msme-access-to-finance/ https://techeconomy.ng/stanbic-ibtc-partners-katsina-agency-kaseda-to-boost-msme-access-to-finance/#respond Fri, 03 Jul 2026 07:26:23 +0000 https://techeconomy.ng/?p=184775 Stanbic IBTC, a member of Standard Bank Group, partnered with the Katsina State Enterprise Development Agency, KASEDA, for its MSME Day celebration in Katsina, reaffirming the organisation’s commitment to supporting the growth and long-term success of micro, small and medium enterprises across Nigeria. The event, organised by KASEDA as part of activities marking International MSME […]

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Stanbic IBTC, a member of Standard Bank Group, partnered with the Katsina State Enterprise Development Agency, KASEDA, for its MSME Day celebration in Katsina, reaffirming the organisation’s commitment to supporting the growth and long-term success of micro, small and medium enterprises across Nigeria.

The event, organised by KASEDA as part of activities marking International MSME Day, brought together entrepreneurs, business owners, policymakers, development partners, and key stakeholders in the enterprise ecosystem to recognise the vital contribution of MSMEs to economic development, job creation, poverty reduction, innovation, and sustainable growth.

The celebration provided a platform for entrepreneurs to showcase their products and services, engage with relevant stakeholders, and gain insights into opportunities for business expansion, access to finance, market access, digital transformation, and capacity development.

It also reinforced the importance of collaboration between the public sector, private sector, and financial institutions in creating an enabling environment for enterprise growth.

Stanbic IBTC and KASEDA MSME Day (4)
KASEDA MSME Day 
Stanbic IBTC and KASEDA MSME Day (4)
Panel discussion

Speaking on the partnership, Remy Osuagwu, Executive Director, Business and Commercial Banking, said Stanbic IBTC’s involvement reflects the organisation’s belief that MSMEs remain central to Nigeria’s economic transformation.

“At Stanbic IBTC, we recognise that MSMEs are not just small businesses; they are engines of employment, innovation, community development, and economic resilience. Our partnership with KASEDA for the MSME Day celebration in Katsina underscores our commitment to being a trusted partner to entrepreneurs, providing relevant financial solutions, advisory support, digital tools, and access to opportunities that help businesses grow sustainably.”

The partnership aligns with Stanbic IBTC Bank’s broader SME value proposition, which is designed to support entrepreneurs and growing businesses with tailored banking solutions, access to finance, digital banking platforms, trade support, and business advisory services.

According to Dr Babangida Ruma, director general KASEDA, Stanbic IBTC’s partnership further strengthens KASEDA’s objective of promoting enterprise development and building a more vibrant MSME ecosystem in Katsina State.

“We are pleased to partner with Stanbic IBTC on this important celebration of enterprise and entrepreneurship. Collaborations like this are critical to expanding opportunities for MSMEs, improving access to finance and markets, and helping small businesses become more competitive.

Stanbic IBTC noted that the collaboration with KASEDA forms part of its continued drive to deepen engagement with entrepreneurs across Nigeria and deliver practical solutions that respond to the realities of small and medium-sized businesses.

“We understand that SMEs need more than banking solutions. They need partners who understand their journey, their ambitions, and their challenges. Through partnerships like this, Stanbic IBTC demonstrates its role as an SME-focused bank committed to helping Nigerian businesses move from possibility to progress,” Wole Adeniyi, Chief Executive, Stanbic IBTC Bank added.

Stanbic IBTC reaffirmed its commitment to supporting MSMEs through innovative banking products, strategic partnerships, financial literacy, enterprise development initiatives, and access to solutions that enable businesses to thrive in today’s competitive environment.

The financial solutions provider continues to offer practical support that help businesses manage operations efficiently, unlock growth opportunities, and build resilience in a dynamic economic environment.

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Africa’s Largest Bank Backs Dangote Refinery IPO https://techeconomy.ng/africas-largest-bank-backs-dangote-refinery-ipo/ https://techeconomy.ng/africas-largest-bank-backs-dangote-refinery-ipo/#respond Tue, 16 Jun 2026 09:28:33 +0000 https://techeconomy.ng/?p=183449 Africa’s largest financial institution, Standard Bank Group, the parent company of Stanbic IBTC Holdings, has pledged backing for the planned listing of the Dangote Petroleum Refinery while expressing readiness to finance future expansion projects across the continent. The commitment came during a strategic visit by Sim Tshabalala, Standard Bank Group chief executive,  and senior executives […]

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Africa’s largest financial institution, Standard Bank Group, the parent company of Stanbic IBTC Holdings, has pledged backing for the planned listing of the Dangote Petroleum Refinery while expressing readiness to finance future expansion projects across the continent.

The commitment came during a strategic visit by Sim Tshabalala, Standard Bank Group chief executive,  and senior executives to the Dangote Petroleum Refinery and Dangote Fertiliser complex in Lagos.

Speaking after touring the facilities, Tshabalala described the refinery as a transformational industrial project with far-reaching implications for Nigeria and Africa.

“We are here because the Dangote Group is a large and important global player and a significant force on the African continent,” he said.

“Standard Bank is the largest financial institution in Africa and we have partnered with Dangote on a variety of initiatives. We are here to lend support, to see this magnificent refinery and to discuss Vision 2030 and how we can continue supporting the Group’s growth ambitions.”

Tshabalala disclosed that Standard Bank intends to play a leading role in the refinery’s planned Initial Public Offering and future growth initiatives.

“As Dangote lists, there is an IPO coming up and we are a leading player in that process,” he said.

“As the Group continues to expand in Nigeria and across Africa, there will be opportunities for financial advisory services and balance sheet support, and we stand ready to provide both.”

He described the refinery as “a wonder of the world,” noting that its impact is already being felt through stronger foreign exchange earnings, improved balance-of-payments performance and enhanced energy security.

“This is a wonder to behold. It is massive, productive and transformative. It is already making a significant contribution to Nigeria’s economy through its impact on foreign reserves, the balance of payments and the lives of ordinary Nigerians,” he said.

Devakumar Edwin, group vice president, Oil and Gas, Dangote Industries Limited, said the visit represented a significant milestone in a partnership that began during the refinery’s construction phase.

“The bank visited us during construction and understood the scale of what we were building,” Edwin said. “Today, the refinery is fully operational and they can see what their support has helped to create. It is like nurturing a tree and eventually seeing it bear fruit.”

He added that both organisations are exploring opportunities to deepen collaboration as Dangote expands its industrial footprint across Africa.

Managing Director and Chief Executive Officer of the Dangote Petroleum Refinery, David Bird, said the visit highlighted the importance of long-term partnerships in delivering large-scale industrial projects.

“Standard Bank has been one of our strongest supporters throughout the history of the refinery and the broader Dangote Group,” Bird said.

“This visit was an opportunity to demonstrate what that support has enabled. Seeing is believing, and it allows our partners to appreciate the scale of what has been achieved.”

The visit also coincided with a major operational milestone for the refinery, which has now exceeded its original design capacity.

Bird disclosed that the refinery recently completed performance test runs at 700,000 barrels per day, above its nameplate capacity of 650,000 barrels per day.

“We have always believed there was engineering flexibility built into the design,” he said. “Achieving sustained production of 700,000 barrels per day is a testament to the technical capability of our people and the strength of the systems we have built.”

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Stanbic IBTC Leads Trade Finance Conversations at GTR West Africa 2026 https://techeconomy.ng/stanbic-ibtc-leads-trade-finance-conversations-at-gtr-west-africa-2026/ https://techeconomy.ng/stanbic-ibtc-leads-trade-finance-conversations-at-gtr-west-africa-2026/#respond Thu, 07 May 2026 11:20:37 +0000 https://techeconomy.ng/?p=181183 Stanbic IBTC Bank has reaffirmed its commitment to advancing trade and economic growth in West Africa following the successful conclusion of GTR West Africa 2026. The two-day conference, which was held on 22 and 23 April 2026 at the Eko Convention Centre, Lagos, brought together policymakers, financial institutions, corporates and fintech players to discuss the […]

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Stanbic IBTC Bank has reaffirmed its commitment to advancing trade and economic growth in West Africa following the successful conclusion of GTR West Africa 2026.

The two-day conference, which was held on 22 and 23 April 2026 at the Eko Convention Centre, Lagos, brought together policymakers, financial institutions, corporates and fintech players to discuss the evolving landscape of regional and global trade.

The event attracted over 400 delegates from more than 200 organisations, spanning sectors including banking, fintech, agribusiness and logistics; underscoring its position as a critical platform for shaping trade finance dialogue in the region.

The conference opened with a keynote address by Tedd George, founder & chief narrative officer, Kleos Advisory Ltd, focused on harnessing improving macroeconomic stability to drive sustainable trade growth across West Africa.

Subsequent sessions explored export diversification, supply chain finance and agribusiness-led trade, supported by practical case studies highlighting real-world applications.

Day two centred on digital trade and financial inclusion, with discussions on Africa’s mobile-first economy and contributions from the International Chamber of Commerce (ICC) Digital Standards Initiative, which emphasised the importance of accelerating the digitisation of global trade finance.

Stanbic IBTC Bank’s participation followed closely on the heels of Standard Bank Group’s engagement at the GTR Africa Conference in Cape Town, reinforcing the Group’s pan-African approach to advancing trade and financial integration across key markets.

Commenting on the Bank’s role at the conference, Jesuseun Fatoyinbo, Head of Transaction Banking at Stanbic IBTC Bank, said the institution remains focused on delivering innovative solutions that respond to the shifting needs of businesses engaged in trade.

“At Stanbic IBTC Bank, we are steadfast in our commitment to driving economic growth through innovative transaction banking solutions. The trade finance landscape is evolving rapidly, and it is our responsibility to continuously adapt and strengthen our offerings to support our clients,” Fatoyinbo said.

“We understand the unique challenges faced by exporters and importers, particularly within agribusiness, and provide tailored solutions that simplify trade finance, enabling businesses to focus on growth and productivity.”

Also reflecting on the conference, Eric Fajemisin, executive director, Corporate and Transaction Banking, Stanbic IBTC Bank, highlighted the strategic importance of GTR West Africa to the region’s trade ecosystem.

“We leave this year’s GTR even more inspired as always, by the quality of engagement and the opportunities identified; and more committed than ever to enabling trade and economic development across Nigeria and the wider West African region. Trade finance is not peripheral to development, it is fundamental to it,” Fajemisin said.

Delegates from Stanbic IBTC Bank and Standard Bank Group contributed actively to the programme. Adedayo Adesanmi, Senior Vice-President, Structured Trade Finance, Standard Bank Group, shared insights on scaling supply chain finance and strengthening domestic value chains, while identifying cross-border growth opportunities.

In a dedicated agribusiness case study session, Seun Ogundolapo, head of Trade Transaction Banking, Stanbic IBTC Bank, alongside Sreenivas Alagonda, chief financial officer, Robust International Commodities, examined the practical delivery of structured commodity trade finance solutions.

The conference also welcomed senior trade finance leaders from across the Group, including Prince Baffour Agyei, Acting Head, Trade Working Capital, Stanbic Bank Ghana; Shunker Amish, Head, Transaction Banking Trade Distribution & Syndication, Standard Bank Group; and Joseph Anagblah, Head, Sales, Transaction Banking, Stanbic Bank Ghana; reinforcing the Group’s strong pan-African collaboration and continued support for the GTR platform.

As lead sponsor, Stanbic IBTC Bank hosted clients and stakeholders throughout the conference, facilitating high-level engagement, knowledge sharing and cross-sector networking. Through thought leadership panels and practical case studies, the Bank demonstrated its continuing focus on expanding access to trade finance and supporting businesses of all sizes.

Stanbic IBTC Bank remains committed to strengthening the trade finance ecosystem in Nigeria and across West Africa; helping businesses navigate complexity, unlock new opportunities and thrive in an increasingly interconnected global economy.

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Stanbic IBTC Leads Trade and Finance Engagements at GTR West Africa 2026 https://techeconomy.ng/stanbic-ibtc-leads-trade-and-finance-engagements-at-gtr-west-africa-2026/ https://techeconomy.ng/stanbic-ibtc-leads-trade-and-finance-engagements-at-gtr-west-africa-2026/#respond Tue, 21 Apr 2026 13:15:57 +0000 https://techeconomy.ng/?p=180221 Stanbic IBTC Bank is participating at the GTR West Africa 2026 conference, taking place on 22 and 23 April, at the Eko Convention Centre in Lagos. This landmark event brings together over 400 senior trade and finance professionals for two days of insightful discussions, networking, and innovation, tailored to enhance trade growth across West Africa. […]

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Stanbic IBTC Bank is participating at the GTR West Africa 2026 conference, taking place on 22 and 23 April, at the Eko Convention Centre in Lagos.

This landmark event brings together over 400 senior trade and finance professionals for two days of insightful discussions, networking, and innovation, tailored to enhance trade growth across West Africa.

Now firmly established as the most influential annual gathering for trade finance professionals in the region, GTR West Africa 2026 marks its 17th year and arrives at a defining moment.

The conference takes place at a time of improving economic conditions across the region; creating renewed opportunities for trade‑led growth.

Eric Fajemisin, executive director, Corporate & Transaction Banking, Stanbic IBTC Bank, highlighted,

“West Africa’s trade finance market is at a turning point. Improving macroeconomic fundamentals, an increasing demand for structured and digital trade finance solutions, and a renewed global focus on African markets have created a need for bold, coordinated action. Stanbic IBTC Bank is proud to be at the forefront of this conversation as the lead sponsor of GTR West Africa 2026. Our commitment extends beyond the conference; it represents a broader ambition to build a deeper, more resilient, and more inclusive trade finance ecosystem that will empower the next generation of West African commerce.”

In the face of global geopolitical uncertainties, evolving trade alliances, and increasing tariff pressures, the conference theme, “Financing Growth in West Africa’s Trade Epicentre,” underscores the urgent need for strategic resilience among regional trade actors.

The agenda will delve into key critical themes shaping the trade landscape in West Africa, including export diversification, infrastructure financing, supply chain finance, digital trade, and the evolution of structured trade finance in the commodities sector.

Featured speakers from Stanbic IBTC include Seun Ogundolapo, head of Trade – Transaction Banking, who is expected to share practical perspectives on structuring trade finance to support imports, exports, working capital, and risk management.

Also speaking at the event is Sreenivas Alagonda, Chief Financial Officer, Robust International Commodities, a client of Stanbic IBTC Bank; who will be bringing a real economy borrower perspective on commodity trade execution; including what businesses need from banking partners across financing, documentation, and transaction risk control.

Jesuseun Fatoyinbo, head, Transaction Banking, Stanbic IBTC Bank, stated,

“Participating in GTR West Africa 2026 represents a crucial opportunity for us to connect with leading trade finance experts and stakeholders in the region. As we navigate the evolving trade landscape, our aim at Stanbic IBTC Bank is to promote collaboration and innovation that will foster sustainable growth in West Africa. We view this conference as an essential platform for sharing insights and exploring solutions that will empower businesses and strengthen the regional economy.”

GTR West Africa 2026 will provide participants with extensive networking opportunities, enabling engagement with industry peers, experts, and decision‑makers across the trade and finance ecosystem.

With a diverse range of experts and stakeholders in attendance, this event promises to be a valuable platform for expanding professional networks and fostering business relationships.

Stanbic IBTC’s sponsorship reflects its strategic commitment to elevating trade and finance capacity across Nigeria and the wider West African region, consistent with its mandate as a key enabler of trade, investment, and economic transformation on the continent.

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“A True Achiever”: Obasanjo, Industry Titans Celebrate Zinox Chairman Leo Stan Ekeh at 70 https://techeconomy.ng/obasanjo-amuka-fashola-celebrate-leo-stan-ekeh-70/ https://techeconomy.ng/obasanjo-amuka-fashola-celebrate-leo-stan-ekeh-70/#respond Tue, 24 Feb 2026 09:21:08 +0000 https://techeconomy.ng/?p=176705 According to him, it is one thing to create opportunities and another to identify and use them.

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Former President Olusegun Obasanjo on Sunday joined prominent Nigerians to celebrate the 70th birthday of Leo Stan Ekeh, chairman of Zinox Group.

The thanksgiving gathering was held at Ekeh’s residence and was organised by his wife and children, with opening prayer led by Reverend Father Francis Ike of the Church of Assumption, Falomo, Ikoyi. Obasanjo attended with his wife.

Speaking at the event, Obasanjo described Ekeh as “an achiever and a very kind man who deserves to be celebrated.” He said Ekeh was among those who took advantage of opportunities created during his administration between 1999 and 2007.

According to him, it is one thing to create opportunities and another to identify and use them. He said Ekeh was one of the people whose success made it possible for others to credit his government with encouraging investment and wealth creation.

Obasanjo said he was proud of Ekeh’s achievements and urged Nigerians to continue seeking opportunities despite economic challenges. He added jokingly that Ekeh would celebrate 80, 90 and 100 years, drawing laughter from guests.

Also present at the event was veteran journalist and Vanguard publisher Sam Amuka. Former Lagos State Governor Babatunde Raji Fashola attended with his wife.

Other dignitaries included former INEC Chairman Professor Maurice Iwu; Chairman of MTN, Dr. Ernest Ndukwe; Founder of Stanbic IBTC Bank, Mr. Atedo Peterside; Chairman of Fidelity Bank, Mrs. Amaka Onwughalu; Managing Director of Fidelity Bank, Dr. Nneka Onyeali-Ikpe; and Chairman of Seplat Energy, Mr. Udoma Udo-Udoma.

Secondary school classmates of Ekeh, including entertainer Charles Oputa, were also in attendance. Ekeh’s elder brother, HRM Eze George Ekeh, traditional ruler of Ishi Ubomiri Autonomous Community in Imo State, performed traditional rites welcoming him into the community’s elders’ circle.

In his remarks, Ekeh thanked Obasanjo for his support over the years and described him as a leader who created room for entrepreneurs to grow. He said he attributed his success to faith, discipline and trust.

Ekeh recalled starting his career as a mass servant and chorister. He said he chose early in life not to drink alcohol or smoke and has kept to that decision. He also spoke about starting his technology business with his school fees at a time when the sector was still developing in his home state.

He said trust and integrity had guided his business decisions and helped him build credibility with partners and institutions.

Ekeh also acknowledged the support of his wife, describing her as a key pillar in his personal and professional life.

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Stanbic IBTC Deepens Capital Base with AfDB Support, Targets Expanded Financing for MSMEs https://techeconomy.ng/stanbic-ibtc-deepens-capital-base-with-afdb-support-targets-expanded-financing-for-msmes/ https://techeconomy.ng/stanbic-ibtc-deepens-capital-base-with-afdb-support-targets-expanded-financing-for-msmes/#respond Mon, 08 Dec 2025 07:13:30 +0000 https://techeconomy.ng/?p=172293 Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings and one of Nigeria’s leading financial services institutions, has reinforced its commitment to driving sustainable economic growth through a strategic partnership with the African Development Bank (AfDB). The initiative enhances the bank’s ability to channel long‑term funding into critical areas of the Nigerian economy, including trade, […]

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Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings and one of Nigeria’s leading financial services institutions, has reinforced its commitment to driving sustainable economic growth through a strategic partnership with the African Development Bank (AfDB).

The initiative enhances the bank’s ability to channel long‑term funding into critical areas of the Nigerian economy, including trade, infrastructure, and small and medium‑sized enterprises (MSMEs).

By strengthening its capital base, Stanbic IBTC is positioning itself to provide greater resilience and expand access to finance for businesses that drive job creation and national development.

“This agreement reflects our forward‑looking strategy to support the sectors that matter most to Nigeria’s future,” said Wole Adeniyi, chief executive, Stanbic IBTC Bank. “Our focus is on empowering businesses, enabling sustainable growth, and ensuring that our financial system remains strong enough to meet the evolving needs of the economy.”

The partnership also underscores Stanbic IBTC’s dedication to environmental and social responsibility, ensuring that all funding is deployed in line with international best practice and the bank’s robust sustainability framework as evidenced by the Independent Project Monitoring Company’s (IPMC) ranking of Stanbic IBTC as one of the leading institutions in its latest sustainability rankings.

This recognition underscores the bank’s continuing commitment to advancing sustainable practices that benefit the environment and society.

Dr Abdul Kamara, director general, AFDB Nigeria commented,

“Working with Stanbic IBTC aligns with our mission to accelerate Africa’s economic transformation. This collaboration ensures the bank can continue to play a pivotal role in financing infrastructure and sustainable development projects in Nigeria.”

Stanbic IBTC Bank has consistently demonstrated leadership through innovation in structured finance, digital transformation, and the integration of sustainability principles into its operations. This latest step reaffirms its role as a thought leader in shaping Nigeria’s financial landscape and highlights its commitment to building a more resilient and prosperous future for the country.

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Stanbic IBTC Commences Closed Period Ahead of FY 2025 Audited Results https://techeconomy.ng/stanbic-ibtc-commences-closed-period-ahead-of-fy-2025-audited-results/ https://techeconomy.ng/stanbic-ibtc-commences-closed-period-ahead-of-fy-2025-audited-results/#respond Sat, 29 Nov 2025 19:55:51 +0000 https://techeconomy.ng/?p=171865 Stanbic IBTC Bank has commenced closed period ahead of the financial year 2025 audited results. The closed period will remain in effect until the release of the company’s Full-Year 2025 Audited Financial Statements. This development is in line with the provisions of the Nigerian Exchange Group (NGX) Rulebook. During this period, insider trading by company […]

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Stanbic IBTC Bank has commenced closed period ahead of the financial year 2025 audited results.

The closed period will remain in effect until the release of the company’s Full-Year 2025 Audited Financial Statements.

This development is in line with the provisions of the Nigerian Exchange Group (NGX) Rulebook. During this period, insider trading by company executives and related parties is prohibited.

According to the Company Secretary, Chidi Okezie, the Board of Directors is scheduled to meet on Friday, January 30, 2026, at 10:00 a.m.

The agenda includes reviewing the Consolidated and Separate Audited Financial Statements for the year ended December 31, 2025, as well as considering a proposed dividend.

Stanbic Bank is listed on the Main Board of the NGX, with a market capitalisation of N1.67 trillion and 15.90 billion outstanding shares.

The group’s shares closed flat at N105 on Friday, November 28, 2025. The stock has recorded a 52-week high of N126.25 and a 52-week low of N56.50.

The lender began the year with a share price of N57.60. With an 82.3% gain year-to-date, it is currently the 52nd best-performing stock on the NGX.

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Stanbic IBTC Empowers 200 Children at 11th Together4ALimb Walk https://techeconomy.ng/stanbic-ibtc-empowers-200-children-at-11th-together4alimb-walk/ https://techeconomy.ng/stanbic-ibtc-empowers-200-children-at-11th-together4alimb-walk/#comments Mon, 17 Nov 2025 07:24:07 +0000 https://techeconomy.ng/?p=171125 Stanbic IBTC Holdings, a member of Standard Bank Group, successfully hosted the 11th edition of its Together4ALimb Walk on Saturday, 15 November 2025.  The company’s flagship corporate social investment (CSI) initiative focuses on underserved children aged 0 – 18 years, who are living with limb loss across the states in Nigeria by providing prosthetic limbs […]

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Stanbic IBTC Holdings, a member of Standard Bank Group, successfully hosted the 11th edition of its Together4ALimb Walk on Saturday, 15 November 2025. 

The company’s flagship corporate social investment (CSI) initiative focuses on underserved children aged 0 – 18 years, who are living with limb loss across the states in Nigeria by providing prosthetic limbs and Stanbic IBTC Education Trusts for the children.

The event, which has become a hallmark of corporate social responsibility in Nigeria’s financial services sector, saw participants embark on a symbolic walk in Victoria Island.

Filled with energy and enthusiasm, the annual Togetehr4ALimb Walk reaffirms Stanbic IBTC’s commitment to fostering inclusion and improving the lives of the beneficiaries.

Stanbic IBTC and Together4ALimb
L-r: Jochen Schindelarz, Vice Consul, Economic and Cultural Affairs, Consulate General of the Federal Republic of Germany, Lagos; Ejike Anih, Founder and Chief Executive Officer, IfeanHealth Orthopaedics; Wole Adeniyi, Chief Executive, Stanbic IBTC Bank; Chuma Nwokocha, Chief Executive, Stanbic IBTC Holdings; and Dr. Tolu Ajomale, Director, Special Projects, Representative, Honourable Commissioner for Health, Lagos State with some of the beneficiaries, during the 2025 Together4ALimb, held recently in Lagos.

The event provided a shared sense of purpose as staff members, Together4ALimb beneficiaries, their parents and guardians, and major stakeholders walked in solidarity to raise awareness for limb loss and celebrated the remarkable courage and progress of the beneficiaries.

The initiative represents a decade-long commitment to changing lives and creating opportunities for children who might otherwise have been marginalised due to physical disabilities.

This year marked a significant milestone as 64 new beneficiaries received prosthetic limbs, bringing the total number of children supported since the programme’s inception to 200.

Beyond the prosthetic limbs, each beneficiary also received an education trust valued at N1.5 million to support their academic journey; ensuring that they have the resources needed to pursue their dreams and reach their full potential.

Speaking at the event, Chuma Nwokocha, chief executive, Stanbic IBTC Holdings, said:

“To celebrate our 200 beneficiaries this year, we are telling the story of a journey defined by compassion and progress. Together4ALimb is more than an initiative – it is a promise to keep enabling futures and empowering children to thrive. Each child we support represents a transformed life; a family uplifted; and a community strengthened. We are honoured to continue this journey and look forward to touching even more lives in the years to come.”

Wole Adeniyi, Chief Executive, Stanbic IBTC Bank, added:

“Each step we take during this walk is a symbol of shared hope and collective responsibility. We are proud to stand with the children benefiting from this initiative, and their families, as we continue to drive awareness around limb loss and inclusion across Nigeria. The Together4ALimb initiative embodies our belief that banking is about more than transactions. It’s also about transformation and making a meaningful difference in the communities we serve.”

Stanbic IBTC and Together4ALimb
L-r: Dr. Tolu Ajomale, director, Special Projects, Representative, Honourable Commissioner for Health, Lagos State; Professor Rufai Yusuf Ahmad, Registrar/chief executive officer, Medical Rehabilitation Therapists Registration Board of Nigeria (MRTB); Ejike Anih, Founder and Chief Executive Officer, IfeanHealth Orthopaedics; Chuma Nwokocha, Chief Executive, Stanbic IBTC Holdings; and Wole Adeniyi, Chief Executive, Stanbic IBTC Bank, during the 2025 Together4ALimb, held recently in Lagos.

This year’s edition also featured inspiring testimonials from beneficiaries and their families, who shared their stories of resilience and gratitude. Many spoke about how receiving prosthetic limbs had not only restored their mobility, but also their confidence and sense of belonging in society.

In addition to the physical walk, Stanbic IBTC invited its customers and supporters to participate virtually using the Steps by Stanbic IBTC App; enabling them to join from anywhere in the world. This virtual component allowed thousands more people to show their support for children living with limb loss and contribute to raising awareness around the importance of inclusion.

The Together4ALimb initiative reflects Stanbic IBTC’s broader commitment to sustainable development and social impact.

By addressing both the immediate physical needs of children through prosthetic limbs provision in their childhood, and their long-term educational needs through education trusts, the programme takes a holistic approach to empowerment and inclusion.

Through initiatives like Together4ALimb, Stanbic IBTC continues to demonstrate its unwavering dedication to building a more inclusive, equitable, and compassionate society where every child, regardless of physical challenges, has the opportunity to succeed and contribute meaningfully to Nigeria’s development.

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Stanbic IBTC Holdings Partners Lagos Business School to Host Sustainable Finance Summit 2.0 for Climate-Smart Finance https://techeconomy.ng/stanbic-ibtc-holdings-partners-lagos-business-school/ https://techeconomy.ng/stanbic-ibtc-holdings-partners-lagos-business-school/#respond Mon, 22 Sep 2025 12:34:52 +0000 https://techeconomy.ng/?p=167764 Stanbic IBTC Holdings, in collaboration with the Lagos Business School Sustainability Centre (LBSSC), has announced the highly anticipated Sustainable Finance Summit 2.0. Scheduled for Tuesday, 23 September 2025, this year’s event is themed “Financing Resilience: Digital innovation and AI for climate-smart communities.” The hybrid summit will be held at the prestigious Civic Centre, Victoria Island, Lagos, […]

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Stanbic IBTC Holdings, in collaboration with the Lagos Business School Sustainability Centre (LBSSC), has announced the highly anticipated Sustainable Finance Summit 2.0.

Scheduled for Tuesday, 23 September 2025, this year’s event is themed “Financing Resilience: Digital innovation and AI for climate-smart communities.”

The hybrid summit will be held at the prestigious Civic Centre, Victoria Island, Lagos, ensuring global accessibility and participation from international stakeholders.

The Sustainable Finance Summit 2.0 represents the definitive platform for understanding and shaping the future of finance and climate resilience in the digital age. As a comprehensive engagement, the summit targets a diverse ecosystem of participants, including financial sector professionals, C-suite executives seeking to understand emerging sustainable finance opportunities, technology and AI innovators, policymakers and regulators, corporate leaders, academic community including researchers and students advancing knowledge in sustainable finance, media and civil society, journalists and NGO representatives amplifying sustainable finance awareness.

For Investors: Discovery of new sustainable investment opportunities, understanding of climate risk assessment tools, and connection with innovative fintech startups and for Regulators: Platform for policy dialogue, exposure to international best practices, and collaboration opportunities with private sector leaders.

The Sustainable Finance Summit 2.0 emphasises meaningful dialogue and active participation, through interactive panel discussions with industry thought leaders; Live Q&A sessions fostering direct engagement between speakers and attendees; Networking sessions designed to facilitate strategic partnerships; and Case study presentations showcasing successful sustainable finance implementations and demonstrations of AI-powered climate solutions.

While anchored in Lagos, Nigeria’s commercial capital, the summit’s hybrid format enables international participation, reflecting the global nature of climate finance challenges and solutions.

The event positions Nigeria as a leading voice in sustainable finance across Africa and internationally.

Registration link is here.

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