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Ecobank

Ecobank Records N794bn Revenue In Three Months

Ecobank’s interest income increased by 28 percent to N794.02 billion between April and June 2025, compared to the N620.01 billion generated in Q2 2024. Breakdown of the interest income showed interest income calculated using the effective interest method contributed N795.06 billion in

August 18, 2025

Business·Top Stories

Cameroonian Investor Buys South African Firm’s 21.22% Stake In Ecobank

Cameroonian investor, Alain Nkontchou, has acquired a 21.22 percent stake held by South African-based Nedbank Group in Ecobank Transnational Incorporated (ETI). According to Ecobank on Friday, Nkontchou acquired the stake through his investment vehicle, Bosquet Investments Ltd, and the transaction remains subject

August 15, 2025

Business·Top Stories

Five Best-Performing Banks In Nigeria – By Deposit Growth In Q1 2025

NPF Microfinance Bank, Fidelity Bank, Ecobank, Stanbic IBTC, and Zenith Bank made it into the best-performing banks by deposit growth in the first quarter (Q1) of 2025. According to findings, there are 13 banks, including microfinance banks, whose financial records are made

June 27, 2025

Business·Top Stories

Nigerian Stock Market Cap Extends Decline With N183.30bn Loss

On Tuesday, June 17, the equity capitalisation of the Nigerian stock market dropped to N72.49 trillion, from N72.68 trillion posted on Monday, June 16, indicating a decrease of N183.30 billion. The 0.30 per cent decline in the equity capitalisation was driven by

June 17, 2025

Business·Top Stories

Nigerian Stock Market Capitalisation Jumps By N1trn

On Tuesday, May 6, the equity capitalisation of the Nigerian stock market increased by N1.04 trillion from N67.06 trillion on Monday, May 5, to N68.10 trillion, after the all-share index (ASI) appreciated by 1.55 percent. The all-share index had appreciated to 108,361.1

May 6, 2025

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business·Top Stories

Beta Glass Leads Gainers, Ecobank Tops Losers’ List

The Nigerian stock market capitalisation closed trading at N67.06 trillion on Monday, May 5, after the all-share index (ASI) settled at 106,698.5 ASI. Investors exchanged 569.04 million shares in 18,612 deals worth N18,93 billion at the end of trading. Top five gainers

May 5, 2025

Ecobank Fined N3.2m, PZ Cussons Slammed With N4.8m Amid Clampdown

Business·News

Ecobank Warns Customers About SIM Swap Fraud Threat

In a bid to shield its customers from cyber theft, Ecobank has warned about the grave risk associated with SIM swap fraud. In a recent email communication to customers, the bank explained the insidious nature of SIM swap fraud, where criminals exploit

October 2, 2023

Business

Cameroonian, Alain Nkontchou, Now Owns 5.13% Of Ecobank After Parting With N917.54m

Alain Nkontchou, the chairman of Ecobank Transnational Incorporated (ETI), has acquired new shares to increase his controlling stake in the financial institution. Prime Business Africa gathered that Nkontchou acquired 62.33 million shares through his investment vehicle, Enko Opportunity Growth Fund, between June

July 24, 2023

Business·Insights

Oba Otudeko’s Hostile Takeover: Understanding Problems Facing FBN Holdings

What began as a blessing in disguise for FBN Holdings’ shareholders and the company might end up becoming a nightmare that would cost stakeholders billions of naira, Prime Business Africa has learnt. In the first week of July, when reports began to

July 14, 2023

Investors To Buy N150 billion-worth Of FBN Holdings Stake

Business

Otudeko Criticises Ecobank, Counters Claims In Letter To FBN Holdings

The Chairman of Honeywell Group, Oba Otudeko, has denied Ecobank’s disclosure that the Supreme Court granted the N13.5 billion debt claim against the investor. Ecobank had made this known in a letter sent to First Bank Nigeria (FBN) Holdings, requesting that the

July 12, 2023

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Ecobank

Ecobank Records N794bn Revenue In Three Months

Five Best-Performing Banks In Nigeria – By Deposit Growth In Q1 2025

Nigerian Stock Market Cap Extends Decline With N183.30bn Loss

Nigerian Stock Market Capitalisation Jumps By N1trn

Beta Glass Leads Gainers, Ecobank Tops Losers’ List

Ecobank Warns Customers About SIM Swap Fraud Threat

Cameroonian, Alain Nkontchou, Now Owns 5.13% Of Ecobank After Parting With N917.54m

Oba Otudeko’s Hostile Takeover: Understanding Problems Facing FBN Holdings

Otudeko Criticises Ecobank, Counters Claims In Letter To FBN Holdings

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