Standard Chartered Nigeria Wins Award for Banking Excellence

By Chioma Eze/ 26 Oct 2026(updated 6m ago)/ 2 min read/ 27 views
Standard Chartered Nigeria Wins Award for Banking Excellence
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Standard Chartered Bank Nigeria Limited has bagged the International Banking Excellence Award at the 2026 Banking and Other Financial Institutions (BAFI) Awards, hosted by BusinessDay.

This award highlights how Standard Chartered uses its global network and local knowledge to connect clients in Nigeria with opportunities in international markets.

Ayodeji Adelagun, the Chief Executive Officer of Standard Chartered Bank Nigeria Limited, shared his thoughts on the award. He said, "We are honoured to receive the International Banking Excellence Award. The recognition reflects the strength of our franchise, the commitment of our colleagues and the trust our clients continue to place in us."

He added, "Nigeria remains an important market for Standard Chartered. By combining deep local expertise with the breadth of our international network, we are able to connect clients to capital and opportunities across markets. We remain focused on supporting their ambitions, delivering innovative solutions and contributing to Nigeria’s economic growth."

This award comes as Standard Chartered continues to play a key role in major transactions that support investment, trade, and economic activity in Nigeria and other parts of Africa.

In September 2026, Standard Chartered served as Financial Adviser, Global Coordinator, Lead Arranger, and Bookrunner for the US$1.1 billion financing of the IMA Gas Development Project. This project is a partnership between TotalEnergies and Amni International. The financing aids a significant gas development project in Nigeria and shows the Bank’s skill in merging international capital, structuring expertise, and local market knowledge for strategic infrastructure.

Earlier this year, Standard Chartered teamed up with the International Finance Corporation to launch a US$300 million risk-sharing facility. This facility aims to strengthen supply chains and support business growth in eight African markets, including Nigeria. It helps companies in agriculture, healthcare, and manufacturing, with Standard Chartered acting as the originator and provider of supply chain and trade finance.

In 2026, Standard Chartered Nigeria also received accolades for its digital and transaction banking capabilities. These awards include Best Data Analytics Initiative, Africa, Best API Initiative of the Year, Nigeria, Best Virtual Account Initiative, West Africa, and Outstanding Payments Solution for Corporates.

The International Banking Excellence Award adds to these honors. Standard Chartered is dedicated to using its international network, local know-how, and product capabilities to assist clients in Nigeria and beyond.

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Chioma Eze

Founder & EIC. Lagos-based.

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