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Economic Activities Rebounded In August – Report

Economic Activities Rebounded In August - Report       The recovery in the Nigerian private sector gathered momentum in August as demand improved following the easing of restrictions related to the coronavirus disease. Stanbic IBTC Bank Plc disclosed this in its Purchasing Managers’ Index survey, which was conducted...

Oil & Gas: IBTC Records 249% Increase In Bad Loans

Oil & Gas: IBTC Records 249% Increase In Bad Loans   Stanbic IBTC Bank Plc, despite the sustained rise in crude oil prices over the last two years, recorded a 249 per cent increase in non-perfoming loans linked to the oil and gas sector in 2017. According...