Our attention has been drawn to an article where Stanbic IBTC Bank was mentioned, insinuating that Stanbic IBTC Bank was part of a “scam” reported in an article titled “SHOCKING – How BVN, Other Details of Farmers Seeking Loans Under CBN Scheme Were Used To Steal Multi-Million Naira From Government Coffers”.
Kindly note that Stanbic IBTC Bank only acted on the instructions of NIRSAL Microfinance Bank in respect of all their Anchor Borrowers Programme (ABP) related transactions at the time.
Stanbic IBTC never received any CBN Anchor Borrowers Programme (ABP) funds whatsoever on behalf of either Evergreen Cooperative Agro company and/or any of its promoters.
Stanbic IBTC Bank remains very committed to strong ethics, values, governance and is dedicated to always doing the right business the right way.
LAGOS, Nigeria | October 2026 — A new independent reputation intelligence audit of the African Public Relations…
Retired Deputy Inspector-General of Police (DIG), Frank Mba, has formally unveiled his law office, FRANK…
LAGOS, Nigeria | 9 October 2026. Big Brother Naija has grown from a reality television…
The stage is set for another major chapter in African music as the International Executive…
Stanbic IBTC Holdings, A member of Standard Bank Group, has concluded the third edition of…
African Scholarship and Delusional Episteme - There is something deeply revealing about the manner in…
This website uses cookies.