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Worry, as other banks lose market share to big 5

Capital market operators and investors have expressed concern that the widening gap between tier-1 and tier -2 banks may lead to loss of depositors’ confidence in tier-2 banks as full results of 14 banks listed on the Nigerian Stock Exchange, NSE, in the first nine months of this year (9M’17) point to increasing dominance of the market space by the tier-1 banks to the detriment of the tier-2 banks.

Tinubu to streamline office of NCRIB president

NEWLY elected President of the Nigerian Council of Registered Insurance Brokers (NCRIB), Mr. Shola Tinubu, has pledged to streamline the office of the president to a ceremonial role by giving the Executive Secretary/Chief Executive Officer and his team a level of empowerment as it is obtainable in other professions and climes.

Today’s customers demand faster services without compromising quality — CEO, Stanbic IBTC

Most organisations interpret and implement CSI as best suits their overriding corporate goals. However, to borrow a leaf from the United Nations Industrial Development Organisation (UNIDO), we at Stanbic IBTC see CSI as a management concept whereby we integrate social and environmental concerns into our business operations and interactions with our stakeholders. CSI is the way through which Stanbic IBTC as a socially responsible company achieves a balance of economic, environmental and social imperatives.

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