Stanbic IBTC Dedicates 27% of Rights Issue to SMEs, Commerce
By Ayomide Otitoju Stanbic IBTC Holdings Plc has announced that 27% of the N148.71 billion proceeds from its ongoing rights issue will be dedicated to supporting its business and commercial banking operations. This strategic move is designed to drive the growth of small and medium-sized enterprises (SMEs) and commercial businesses, particularly in the general commerce…