Business
Stanbic IBTC Reports 68% Profit Surge in 2025
Stanbic IBTC 2025 profit jumps 68% to N381bn on strong fee, trading, and lending revenues, delivering robust shareholder returns
Stanbic IBTC Holdings Plc has reported a robust financial performance for the year ended 31 December 2025, posting a group profit of N381 billion, up 68 per cent from N225.3 billion recorded in 2024.
Also read: Stanbic IBTC Launches DiSEP 5.0 to Empower Nigerian Youths
The bank’s annual statement of profit or loss showed total income rose to N896 billion, a 38 per cent increase from N647 billion the previous year.
Fee and commission revenue climbed to N230.2 billion, up 35 per cent from N170.4 billion in 2024, while trading revenue rose 33 per cent to N77 billion.
Net interest income also saw substantial growth, reaching N585 billion, a 43 per cent increase from N410.5 billion, reflecting strong lending activities and improved asset quality.
Operating expenses grew to N330 billion, up 35 per cent from N244 billion, mainly due to higher staff costs and administrative expenses.
For the fourth quarter alone, Stanbic IBTC posted a profit of N101.2 billion, a remarkable 652 per cent increase from N13.4 billion in Q4 2024.
Basic earnings per share rose to 2,368 kobo from 1,710 kobo, highlighting strong returns for shareholders.
Also read: Stanbic IBTC backs inspiring art installation at ART X Lagos
The bank attributed its performance to diversified revenue streams, improved asset management, and strategic cost control, signalling resilience amid Nigeria’s challenging macroeconomic environment.
Business
Can African Engineers Compete Globally? ChipMango Is Creating Opportunities in the semiconductor Industry
The semiconductor industry requires highly specialised engineering knowledge.
For African engineers, gaining access to professional tools, industry experience and international opportunities can open
important doors.
ChipMango is working at the intersection of talent development and commercial engineering, creating pathways for African expertise to contribute to a global industry.
The growth of businesses like ChipMango also highlights the importance of investment in Africa’s innovation ecosystem. Through Boost Africa, a joint initiative of the EIB and African Development Bank, supported by the European Union, the European Investment Bank helps mobilise financing through venture capital funds for innovative African businesses. Watch the video to hear the story behind ChipMango.
Watch the video:
Business
From Classroom to Industry: How ChipMango Is Preparing African Engineers for the Semiconductor Market
Studying engineering is one thing. Having the opportunity to apply that knowledge to real industry projects is another.
ChipMango connects industry-aligned learning with practical semiconductor design and verification work, giving
engineers a pathway to develop skills relevant to commercial projects.
Its work illustrates why investment in African innovation must also consider the talent, technical expertise and infrastructure required to build competitive businesses.
Through Boost Africa, the European Investment Bank (EIB) supports African entrepreneurship by investing through venture capital funds, helping innovative businesses access the capital and support they need to develop and grow.
Watch the video to learn more about ChipMango’s approach.
Watch the video:
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