Stanbic IBTC donates N250m in fight against COVID-19

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has joined other corporate organisations to offer support to the Federal Government of Nigeria in the fight against the outbreak of the Coronavirus (COVID-19) in Nigeria. The foremost end-to-end financial services institution has donated the sum of N250 million to the Nigerian Private Sector Coalition Against COVID-19, formed recently to combat the virus. The Central Bank of Nigeria (CBN), in partnership with the Nigerian private sector, had formed this alliance to combat the COVID-19. Other individuals and corporate organizations have…

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Stanbic IBTC to run skeletal operations to prevent COVID-19 spread

As part of the plans to safeguard the lives of its staff and customers and also prevent the spread of Covid-19, Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has announced that it has started running skeletal operations, effective Wednesday, March 25, 2020. Yinka Sanni, chief executive, Stanbic IBTC Holdings PLC said the action was necessitated by the need to safeguard members of the public, given the rising number of individuals who have tested positive to Covid-19. He commended the actions taken by the government thus far, such…

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Stanbic IBTC launches giveaway to reward customers during Easter

To mark this year’s Easter celebration, Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has launched a giveaway to reward its esteemed customers. To participate in the promo, customers have to follow and engage with Stanbic IBTC on Facebook, Instagram or Twitter to increase their chances of winning. The customers who actively engage with the content which will be posted on the financial institution’s social media platforms will be eligible to win the prizes which consist of vouchers valued at N10,000. The higher a customer engages Stanbic IBTC…

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Stanbic IBTC pledges to continue promoting gender equality

Photo caption: (l-R) Dr Helen Paul, comedian; Mrs, Betty Irabor, Publisher / Founder, Genevieve Magazine; Yinka Sanni, Chief Executive, Stanbic IBTC Holdings; Nike Bajomo, Executive Director, Business Development, Stanbic IBTC Pensions Managers limited and Dr. Demola Sogunle, Chief Executive, Stanbic IBTC Bank PLC during the unveiling of the sixth edition of the Blue Women Network Magazine (BWN), an activity to mark the International Women’s Day in Lagos recently. Stanbic IBTC Holdings PLC has pledged to continue promoting the tenets of gender equality. The pledge was made by chief executive officer…

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Stanbic IBTC reiterates support for Nigeria’s Agricultural sector

Stanbic IBTC Holdings PLC, a subsidiary of Standard Bank Group, has pledged to continue to provide support for key players and investors in Nigeria’s agricultural sector; especially in the area of funding. Stanbic IBTC recently sponsored the “Agric-tech youth empowerment” Masterclass at this year’s edition of Social Media Week Lagos. Wole Oshin, Acting Head, AgricBusiness, Stanbic IBTC Bank PLC, revealed that the financial institution is providing support for the agricultural sector through various intervention funds such as the Central Bank of Nigeria’s Anchor Borrowers Programme. According to him, such interventionist…

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Olam Nigeria moves to boost tomato value chain with pilot farming project

In line with the federal government of Nigeria’s initiative to attain self-sufficiency in tomato production and processing, Olam, a leading player in the Nigerian agriculture value chain has recently embarked on a pilot farming project in the country. Executing the project through its subsidiary, Caraway Africa Nigeria Ltd, it acquired 20 hectares of land for this purpose and set up farms in Karfi, Kano State, as well as Masama and Guri, both located in Jigawa State. The farms are solely dedicated to the production of tomatoes. While the tomatoes were…

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Olam partners MIT Solve on sustainable food systems solutions

Olam International, a leading global agri-business, has partnered the Massachusetts Institute of Technology Solve (MIT Solve) to design a Challenge aimed at addressing the issues around sustainable food systems in Nigeria. Olam International and MIT Solve co-hosted a Challenge Design Workshop which held at Eko Hotel, Lagos, on Tuesday, February 4, 2020. ’MIT Solve is a hybrid business incubator and business ideas marketplace from the Massachusetts Institute of Technology, that advances solutions from tech entrepreneurs to address pressing global issues. MIT Solve connects innovators with resources such as expertise, human…

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El-Rufai lauds Olam on Agricultural Investments, reforms

Governor Nasir El-Rufai of Kaduna State has lauded Olam Nigeria, a leading player in the Nigerian agriculture value chain for paving the way through its agricultural investments and reforms in the country. El-Rufai, who was speaking recently at the ground-breaking ceremony for a Tomato processing factory, held at Kangimi, in Igabi Local Government Area of the state, stated that it was because of the activities of organizations like Olam that Kaduna State had become a worthy ground for business, attracting both local and international organizations. The governor noted that firms…

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NANTA presidential aspirant, Susan Akporiaye promises to unite association, unveils manifesto

The presidential candidate of National Association of Nigerian Travel Agencies, NANTA, Mrs Susan Akporiaye has promised to to unite the body by bringing every zone on board. Speaking while unveiling her manifesto and team for NANTA’s elective Annual General Meeting coming up in March in Kano during a press briefing in Lagos on Tuesday, February 4th at the NANTA Secretariat, Mrs Akporiaye who is going into the contest unopposed promised to straighten the database of the association if elected president. She assured that her team will work hard to bridge…

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Standard Bank sponsors Multilateral UK-Africa Investment Summit in London

Standard Bank is partnering with the UK Government to sponsor the inaugural UK-Africa Investment Summit, which will be held in London on January 20, 2020. The Summit will create new lasting partnerships between UK and African businesses, governments and institutions to deliver more investment, jobs and growth. These partnerships will benefit people and businesses across Africa and the UK. Hosted by the Prime Minister, the Summit will bring together UK and African businesses, African leaders and delegations, international institutions and young entrepreneurs. The summit will cover topics including: Trade and…

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