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Nigerian banking tycoon Atedo Peterside’s Stanbic IBTC stake is worth $17.8 million

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Nigerian banking tycoon Atedo Peterside, who founded the investment bank that grew into Stanbic IBTC Holdings Plc, owns a stake in the Lagos-listed financial group worth ₦24 billion ($17.8 million), after its shares rose 60% this year. Peterside owns 150,000,000 shares in Stanbic IBTC, equal to 0.94% of the 15.9…

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