Stanbic IBTC Holdings' gross earnings rose by 2.8 per cent in the first half of the year. However, its profit before tax decreased by 11.99 per cent for the period ended 30 June 2019. To discuss the facts behind the numbers, Adekunle Adedeji, Chief Financial Officer of Stanbic IBTC Bank joins CNBC Africa for more.

Stanbic IBTC Holdings, a member of the Standard Bank group recorded a 4.7 per cent rise in their full-year gross earnings to N222.4 billion naira while profit after tax climbed 53.7 per cent year on year.

Stanbic IBTC Holdings recorded a 78.6 percent rise in half-year Profit after Tax to 43.1 billion naira. Yinka Sanni, Chief Executive Officer of Stanbic IBTC Holdings joins CNBC Africa to break down the numbers.

Joining CNBC Africa to discuss the state of the Nigerian economy is Atedo Peterside, Chairman of ANAP Business Jets and founder and former chairman of Stanbic IBTC Holdings.