Nigerian banking tycoon Atedo Peterside’s Stanbic IBTC stake is worth $17.8 million
Atedo Peterside started IBTC in 1989 and built it into Stanbic IBTC. His 150 million shares in the Lagos-listed group are now worth $17.8 million.
Stanbic IBTC
Stanbic IBTC founder Atedo Peterside says Nigeria could face a crisis if the ADC Is blocked from 2027 elections
Atedo Peterside warned that Nigeria risks a serious legitimacy crisis if the ADC is prevented from contesting the 2027 presidential election.
Nigerian oil heirs Ameena and Zara Indimi accuse Stanbic IBTC of foul play in $30 million Oriental Energy judgment fight
Twin sisters Ameena and Zara Indimi are accusing Stanbic IBTC of failing to freeze $30 million in Oriental Energy accounts, raising contempt of court allegations against multiple Nigerian banks.
Nigerian banking and private aviation mogul Atedo Peterside calls for electoral reform
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.
Nigerian tycoon Atedo Peterside’s Stanbic IBTC plans $442.8-million capital boost
A financial services group with total assets of $4 billion as of Dec. 31, 2023, Stanbic IBTC ranks among the top 15 most valuable companies on the Nigerian Exchange.
Nigerian tycoon Atedo Peterside loses $3.4 million from Stanbic IBTC stake
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.
Bank linked to Nigerian tycoon Atedo Peterside posts $108.9-million profit in 2023
Founded in 1989 as an investment bank, Stanbic IBTC had Atedo N.A. Peterside as its first CEO.
Nigerian tycoon Atedo Peterside loses $1.6 million from Stanbic IBTC stake
Peterside is a key figure in the Nigerian banking industry.
Nigerian tycoon Atedo Peterside’s Stanbic IBTC stake declines by $1.8 million
Peterside owns a 1.14-percent stake in Stanbic IBTC, which translates to 133,611,115 ordinary shares in the group.
Nigerian tycoon Atedo Peterside’s stake in Stanbic IBTC soars by $2.3 million
This recent surge in Peterside’s stake further solidifies his position as one of the richest bankers in the country.
Nigerian banker Atedo Peterside’s Stanbic IBTC stake dips by $1 million
Peterside owns a 1.14-percent stake in Stanbic IBTC, which translates to 133,611,115 ordinary shares in the group.
Nigerian businessman Atedo Peterside gains $2.6 million from Stanbic IBTC stake
Peterside, a key figure in the Nigerian banking industry, holds a significant 1.14-percent stake in Stanbic IBTC.
Atedo Peterside’s Stanbic IBTC rakes in $62.6-million profit in Q1 2023
Peterside owns a significant 1.14-percent stake in Stanbic IBTC, equating to 133,611,115 ordinary shares in the group.
Nigerian businessman Atedo Peterside gains $1.9 million from stake in Stanbic IBTC
The increase solidifies his position as one of the richest investors on the Nigerian Exchange.
Demola Sogunle-led Stanbic IBTC reports near 40-percent decline in 9M 2021 profits
The company operates as a member of Standard Bank Group, a financial services giant based in South Africa.