ADVERTISEMENT
  • Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, September 20, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Stanbic IBTC Holdings’ Shareholders Approve N25.914bn Dividend

by Olushola Bello
3 years ago
in News
Stanbic
Share on WhatsAppShare on FacebookShare on XTelegram

Shareholders of Stanbic IBTC Holdings Plc have approved N25.914 billion dividend for the year ended December 31, 2021.

Advertisement

The shareholders gave their approval at the 10th annual general meeting (AGM). The dividend amounted to N2.00 per share.

Chairman of Stanbic IBTC Holdings, Basil Omiyi, commended the group’s management for the impressive result despite operating in a challenging environment, saying, “we offer our thanks to our very efficient team, who have delivered impressive results and we have once again proved our pedigree in establishing exceptional financial solutions, as several entities across the Group bagged various awards during the year.

“The board of directors is pleased with what the Management has been doing. We appreciate our chief executive for keeping a steady hand on the tiller even through this difficult time and we appreciate the executive management team for their remarkable leadership and for going above and beyond to meet our customers’ needs.”

The chief executive, Stanbic IBTC Holdings, Dr Demola Sogunle, described increased loan volumes and total assets among factors which boosted the group’s financial performance for the 2021 fiscal year.

Related News

Sunshine Queens, Castmog Ladies, Two Others Gain Promotion To NWFL

2 hours ago

Foreign, Domestic Investors’ NGX Trade Declines To N908bn In August

2 hours ago

According to him, “we attained a record high of N946.3 billion on our gross loans, as we prudently grew loan volumes by 44 per cent. This further stabilised our earning capabilities for the foreseeable future, as we continued to manage risk asset quality of our loan book and implement a favourable strategy for all our stakeholders.

“Our total assets increased by 10 per cent to N2.7 trillion as against December 2020, which was N2.5 trillion, while our customer deposits grew from N819.9 billion to N1.1 trillion, a 37 per cent increase.”

Mr Kola Alaga, a shareholder, appreciated the board and management of Stanbic IBTC Holdings for the dedication, hard work and commitment in regularly disbursing the dividends.

He said: “I would like to express my gratitude to the Board of Directors, Management and members of Staff of Stanbic IBTC for a job well done. Despite the economic downturn, the company declared a dividend of 200 kobo which is very impressive compared to other players in the financial industry.”

 

Join Our WhatsApp Channel

Tags: Stanbic
SendShare10174Tweet6359Share

Other News Updates

News

Sunshine Queens, Castmog Ladies, Two Others Gain Promotion To NWFL

2025/09/20
Business

Foreign, Domestic Investors’ NGX Trade Declines To N908bn In August

2025/09/20
News

PTML Customs Urges Importers, Agents On Compliance In Cargo Declarations

2025/09/20
Business

Right Violations: NCAA Threatens Sanction On Qatar Airways, Others

2025/09/20
Business

Airtel Africa’s AI System Flags 205m Spam SMS Across 13 Markets

2025/09/20
News

NLNG Sustains 100% Nigerian Led Mgt Team Through Local Content Policy Drive

2025/09/20
Leadership Conference advertisement

LATEST

Boxing: Joshua Set To Fight In Nigeria In 2026

World Athletics Championships: Ezekiel Nathaniel Sets New Nigerian 400mH Record

World Athletics Championships: Amusan Dedicates Silver Medal To Fans

D’Tigers Drops In Latest FIBA World Ranking

EPL: Amorim Could Be Sacked By Man Utd After Chelsea Game – Shearer

Ofem, Akintokun Secure Positions On Nigeria Cricket Federation Board

NCF Elections: Emeka Onyeama Unveils 7-Point Agenda To Grow Cricket In Nigeria

Life Harder For My Dad Than Footballers – Maresca

Premier League Ticket Black Market Exposed

World Athletics Championships: Lyles Wins Fourth Conscutive 200m Title

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.