Stanbic IBTC Profit Surges 33% to ₦370.4 Billion as E-Banking Fees Fall

Stanbic IBTC has reported a 33 percent surge in profit to ₦370.4 billion, according to its latest results, even as electronic banking fees declined during the period. The divergence between profit growth and falling e-banking fees is being flagged as a signal worth monitoring in Nigeria's banking sector.