Posts Tagged ‘Stanbic IBTC Bank Plc’

@StanbicIBTC Bank fined N2 billion for violating @cenbank guidelines, other offences

The management of Stanbic IBTC was fined about N2 billion for violating the guidelines of the Central Bank of Nigeria, CBN, and committing other sundry offences in 2018. Details of the fines are contained in the bank’s financial statement for the year ended December 2018. The group said it was penalised by the CBN and […]

Harsh Economic Policies Dwindles Corporate Earnings

Negative economic fundamentals overshadowing Nigeria’s business environment may have begun to take its toll on corporate financial results as third quarter earnings plunged in three key sectors, namely, oil and gas, banking and conglomerates. Poor results announced by industry leaders in these sectors also worsened the performance of Nigerian Stock Exchange All Share Index last […]