Stock Market

Insider Dealings: Stanbic IBTC Discloses Insider Trading by Executives

Stanbic IBTC Executives Buy Into the Company Last Week

Stanbic IBTC Holdings Plc has disclosed that two insiders of the bank purchased additional stakes last week.

In the disclosure statement signed by Chidi Okezie, the Company Secretary, Stanbic IBTC Holdings Plc, and released through the Nigerian Stock Exchange (NSE), the lender said Mr. Olu Delano, the Head, Clients Coverage, Stanbic Bank Plc, acquired 1,000,000 shares at N46 per unit on November 05, 2020.

Similarly, Dr. Demola Sogunle, the Chief Executive, Stanbic IBTC Holdings Plc, purchased 970,000 units of Stanbic Shares at N46 a unit on November 6, 2020.

The two transactions were carried out at the Nigerian Stock Exchange trading floor in Lagos, Nigeria.
Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

Share
Published by
Samed Olukoya
4 years ago

Recent Posts

Discordant Tunes Greet 50% Tariff Hike As Subscribers Threaten To Sue NCC

Nigerians have expressed displeasure over the decision of the Nigerian Communications Commission to increase tariffs…

37 minutes ago

Beatrice Ekweremadu Returns to Nigeria After Serving Sentence in UK

Mrs. Beatrice Ekweremadu, wife of former Deputy Senate President Senator Ike Ekweremadu, has reportedly returned…

49 minutes ago

Nigeria Expands Refining Capacity with MRO Energy’s Delta State Refinery

The Federal Government has taken another step toward boosting Nigeria’s refining capacity with the approval…

1 hour ago

Eko DisCo Set for Transformation as Transgrid Enerco Signs Historic 60% Acquisition Agreement

Transgrid Enerco Limited has signed a Share Purchase Agreement (SPA) to acquire a 60% equity…

2 hours ago

Metering Gap Exceeds 7 Million Despite Multilateral Loans and Government Funds

Despite interventions by the Federal Government and multilateral lenders amounting to over N1.5 trillion, Nigeria’s…

3 hours ago

Petrol Prices Surge to N990 in Abuja, N960 in Lagos as Oil Tops $80 Per Barrel

The Nigerian National Petroleum Company Limited (NNPC) has increased the pump price of petrol at…

3 hours ago