Stanbic IBTC recently celebrated 30 years of providing custody services in Nigeria with a Closing Gong ceremony at The Nigerian Exchange Limited (NGX). The milestone reflects the institution’s longstanding contribution to investor confidence and the continued development of Nigeria’s capital market.
In his opening remarks, Jude Chiemeka, Chief Executive Officer, NGX, welcomed Stanbic IBTC to The Exchange and commended its three decades of custody services. He highlighted NGX’s continued investment in technology, which he said has enabled over 2.6 million active retail investors to trade on the platform.
“Technology continues to be at the heart of our strategy,” Chiemeka said; noting that a vibrant and secure marketplace remains essential to investor participation. He also recognised Stanbic IBTC’s role in strengthening investor confidence and enhancing market safety.
Wole Adeniyi, Chief Executive, Stanbic IBTC Bank, thanked NGX for its continued partnership. “We are thrilled to be here today, commemorating not just our journey, but also the remarkable progress made by the NGX,” he said. He noted that the collaboration between the two institutions has continued to drive innovation, product development and thought leadership across the industry. “We are dedicated to raising standards within the industry as part of Standard Bank Group. Our focus remains driving the growth and development of Nigeria’s capital market. Indeed, Nigeria is our home and we drive her growth. ” he added.
