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Anap Foundation’s Atedo Peterside says Nigeria’s election manager must face tougher disclosure rules and time-bound audits, arguing courts have “failed woefully” and investor confidence is at risk.
“The retirement age is actually 70, but I believe 35 years is enough, and the succession plans have worked well,” he said.
While Peterside faces a significant decline in his stake in Stanbic IBTC, he remains poised to benefit from impressive dividends proposed by the leading Nigerian bank.
Founded in 1989 as an investment bank, Stanbic IBTC had Atedo N.A. Peterside as its first CEO.
Peterside is a key figure in the Nigerian banking industry.
Peterside owns a 1.14-percent stake in Stanbic IBTC, which translates to 133,611,115 ordinary shares in the group.
This recent surge in Peterside’s stake further solidifies his position as one of the richest bankers in the country.
Peterside owns a 1.14-percent stake in Stanbic IBTC, which translates to 133,611,115 ordinary shares in the group.
Peterside, a key figure in the Nigerian banking industry, holds a significant 1.14-percent stake in Stanbic IBTC.
Peterside owns a significant 1.14-percent stake in Stanbic IBTC, equating to 133,611,115 ordinary shares in the group.
The share purchase was made despite a 57-percent decline in the company’s earnings.
Multimillionaire economist Atedo Peterside has advised the Nigerian government to invest in medical infrastructure as opposed to the Port Harcourt Refinery.