While Peterside faces a significant decline in his stake in Stanbic IBTC, he remains poised to benefit from impressive dividends proposed by …
Stanbic IBTC
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Founded in 1989 as an investment bank, Stanbic IBTC had Atedo N.A. Peterside as its first CEO.
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Peterside is a key figure in the Nigerian banking industry.
- West & Central Africa
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.
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This recent surge in Peterside’s stake further solidifies his position as one of the richest bankers in the country.
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Peterside owns a 1.14-percent stake in Stanbic IBTC, which translates to 133,611,115 ordinary shares in the group.Â
- West & Central Africa
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.
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Peterside owns a significant 1.14-percent stake in Stanbic IBTC, equating to 133,611,115 ordinary shares in the group.
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The increase solidifies his position as one of the richest investors on the Nigerian Exchange.
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The company operates as a member of Standard Bank Group, a financial services giant based in South Africa.