Business
Stanbic IBTC Launches DiSEP 5.0 to Empower Nigerian Youths
Stanbic IBTC launches DiSEP 5.0, empowering Nigerian youths with advanced digital skills, industry mentorship, and career development opportunities.
Stanbic IBTC Holdings has graduated the fourth cohort of its youth-focused Digital Skills Empowerment Programme and inducted the fifth, furthering its commitment to bridging the gap between academic training and modern workplace demands.
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The DiSEP initiative equips young Nigerians with employable digital skills, with the newly inducted DiSEP 5.0 cohort running until March 2026.
The programme emphasises gender inclusion and encourages participation from Northern Nigeria, ensuring broader national impact.
Participants will gain expertise in high-demand technical areas including Kubernetes, .NET Core, C#, software testing, automation, DevOps, and Java, opening pathways to careers in software engineering, cloud infrastructure, and financial technology.
The induction ceremony, held at Stanbic IBTC’s Head Office in Lagos, brought together graduates, incoming participants, and senior executives.
Chief Executive Chuma Nwokocha presented certificates to DiSEP 4.0 graduates, praising their dedication and the programme’s transformative impact on professional development and career prospects.
Ezinne Chidi Anosike, Country Head, People & Culture, announced the creation of the DiSEP Alumni Network, a structured platform to foster mentorship, networking, and ongoing career support for all past and current participants.
A highlight of the event was the speech by Hannah Ochim, a DiSEP 2.0 alumna now employed at Stanbic IBTC. Ochim shared how the programme boosted her confidence, provided practical skills, and opened doors to a rewarding career.
“DiSEP did not just teach me technical skills; it transformed the way I see opportunities and my own potential,” she said.
Chuma Nwokocha reaffirmed Stanbic IBTC’s long-term commitment to youth development and digital inclusion.
“DiSEP is more than a training programme; it is a movement that creates sustainable careers and drives innovation. We are proud of every graduate and excited to welcome the DiSEP 5.0 participants into this life-changing journey,” he stated.
Since its inception, DiSEP has empowered over 800 Nigerian youths, many of whom have secured employment in leading organisations, including Stanbic IBTC.
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The launch of DiSEP 5.0 reinforces the bank’s dedication to equipping young Nigerians with the skills, networks, and opportunities required to thrive in the digital economy.
Dangote Petroleum Refinery has set its initial public offering price at ₦525 per share, with the company seeking to raise about ₦2.15 trillion as it prepares to enter Nigeria’s public equities market.
The Securities and Exchange Commission has approved the offer for 4.1 billion ordinary shares at ₦525 each. If fully subscribed, the offer would generate approximately ₦2.15 trillion, equivalent to about $1.6 billion at current exchange rates.
The offering is expected to open on 14 September 2026, according to Aliko Dangote, the president of Dangote Industries. The planned sale is positioned to become one of the largest equity offerings in Africa.
The IPO marks a significant step in Dangote Group’s plans to broaden ownership of the refinery and raise additional capital for expansion.
The refinery currently has a stated processing capacity of 650,000 barrels of crude oil per day. Dangote has said the company plans to increase that capacity to 1.4 million barrels per day as part of its longer-term expansion strategy.
The planned share sale follows a $1 billion underwriting programme completed in August, providing additional financial backing ahead of the public offering.
The refinery, located in the Lekki area of Lagos State, is one of Africa’s largest industrial projects and has become an increasingly important player in Nigeria’s fuel supply market since beginning operations.
The public offering will give Nigerian investors an opportunity to acquire shares in the refinery directly, while providing Dangote Petroleum Refinery with fresh capital to support its next phase of growth.
The company has also indicated ambitions to expand beyond its current Nigerian operations, with Dangote recently announcing plans for another refinery project in Kenya.
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