Securities and Exchange Commission (SEC) has fined Stanbic IBTC Capital Limited N50.145 million for regulatory infractions tied to its role in Guaranty Trust Holding Company Plc’s (GTCO) landmark public offer. The penalty, disclosed in Stanbic IBTC Holdings Plc’s half-year 2025 financial statements, stemmed from using digital subscription channels in the equity issuance process. According to
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