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Ecobank - Page 2

Investors To Buy N150 billion-worth Of FBN Holdings Stake

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

Business

Ecobank Warns FBN Holdings Not To Help Oba Otudeko Divert Funds

First Bank of Nigeria (FBN) Holdings has been told to reject Oba Otudeko’s bid to become the company’s largest shareholder, to avoid helping him divert funds, after he bought 4.77 billion shares. Otudeko informed FBN Holdings, the parent company of deposit money

July 11, 2023

Bank CEOs Meet Over Old Naira Deadline Extension Ahead Of Presidential Election

Business·News·Top Stories

Banks’ Audited Results: UBA, Zenith Bank, Sterling Bank, Ecobank, Stanbic IBTC – Latest News, Updates

PBA brings you the latest news and updates on Nigerian banks and their audited full year results for the year ending December 31, 2022. Below are the banks’ audited results: UBA Announces N201bn Profit, Pays 90 kobo Final Dividend Africa’s Global Bank,

March 31, 2023

Business·Markets

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

Ecobank Transnational Incorporated, PZ Cussons, John Holt and Guinea Insurance Plc have been penalised by the Nigeria Exchange Limited (NGX) for flouting the rules of the Nigerian capital market. The four companies were slammed with N11.65 million fines combined for various offences

March 21, 2023

Business·Markets

Losses In Ecobank, RT Briscoe Sink Stock Market By N313.01 billion

Nigerian bourse depreciated by -1.03 per cent, costing stock investors N313.01 billion loss after trading on Thursday, 16 March 2023. This sent the market capitalisation down to N29.91 trillion from N30.22 trillion. Also, the All-Share Index shed 574.59 basis points to drop from

March 16, 2023

Business

Jeremy Awori Takes Over From Ade Ayeyemi As Ecobank’s CEO

Ade Ayeyemi has retired from his post as the Chief Executive Officer of Ecobank Transnational Incorporated (ETI), a position he occupied for seven years. Ayeyemi’s retirement gave way for Jeremy Awori to take over the CEO seat on Wednesday, 1 March 2023,

March 3, 2023

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

Business·Markets

Stock Market Investors Earn N228.73 billion, Ecobank, Nahco Make Losers’ List

The market capitalisation of the Nigerian bourse hit N29.53 trillion on Monday, 20 February 2023, rising by 1 per cent. Trading data showed that the appreciation is worth N228.73 billion when the market capitalisation is compared to the N29.31 trillion reported last

February 20, 2023

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Business·Markets

Investors Record N61.81 billion Capital Market Loss; ‘Sell’ Pressure In Nigerian Breweries, Union Bank

On Tuesday, the market capitalisation closed at N25.77 trillion, depreciating from previous day’s N25.83 trillion. As a result, N61.81 billion capital market loss that took big chunk off the total investments held by shareholders in the Nigerian stock market . Similarly, the

November 29, 2022

AMA News

Ecobank Partners AMA Academy To Launch First Pan-African Fintech Training, Award For Journalists

Ecobank Group, a leading pan-African bank has announced a partnership with African Media Agency, (AMA) Academy, to develop customised fintech training modules for business, finance, and tech journalists across the continent. AMA Academy which is the only free-to-use pan-African online learning

September 15, 2022

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

Business·Insights

Ecobank: Cameroonian Billionaire Alain Nkontchou Set To Become First Foreigner To Own 5% Of Nigerian Bank

Nigerian stock market activities of Cameroonian billionaire, Alain Nkontchou, indicates the investor has his eyes on the 5% majority ownership of Ecobank Transnational Incorporated (ETI). This is according to analysis of multiple documents obtained by Prime Business Africa from the capital market

September 15, 2022

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Ecobank - Page 2

Otudeko Criticises Ecobank, Counters Claims In Letter To FBN Holdings

Ecobank Warns FBN Holdings Not To Help Oba Otudeko Divert Funds

Banks’ Audited Results: UBA, Zenith Bank, Sterling Bank, Ecobank, Stanbic IBTC – Latest News, Updates

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

Losses In Ecobank, RT Briscoe Sink Stock Market By N313.01 billion

Jeremy Awori Takes Over From Ade Ayeyemi As Ecobank’s CEO

Stock Market Investors Earn N228.73 billion, Ecobank, Nahco Make Losers’ List

Investors Record N61.81 billion Capital Market Loss; ‘Sell’ Pressure In Nigerian Breweries, Union Bank

Ecobank Partners AMA Academy To Launch First Pan-African Fintech Training, Award For Journalists

Ecobank: Cameroonian Billionaire Alain Nkontchou Set To Become First Foreigner To Own 5% Of Nigerian Bank

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