Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Inside Stanbic IBTC’s profit surge: How a ₦126bn trading gain masks weaker core earnings

Stanbic IBTC Holdings Plc’s 40.1 percent growth in half-year profit was driven by a sharp turnaround in trading income, which

Inside Stanbic IBTC’s profit surge: How a ₦126bn trading gain masks weaker core earnings

We haven't written up this one. BusinessDay Nigeria has the full story — the link below goes straight to it.

Read the original at businessday.ng →

More in Finance & Markets

Permira chief sees potential for exceptional PE returns as valuations fall

Private equity investors could achieve some of their strongest returns by deploying capital in the current market, with lower valuations and reduced competition creating attractive entry points…

  • Dipan Patel predicts exceptional PE returns in current market
  • Higher interest rates may drive acquisition prices down
  • AI transforming investment approaches, especially in software sector

TCI’s Hohn channels record hedge fund profits into African child health

Chris Hohn’s TCI Fund Management generated a record $18.9bn for investors in 2025, strengthening the financial firepower behind the British billionaire’s philanthropic efforts, which direct…

  • TCI Fund Management reported $18.9 billion in profits in 2025.
  • Chris Hohn's philanthropy focuses on African child health.
  • CIFF committed $1.45 billion for Hohn's child health initiatives.

More from Monday 12 October →