Court rejects Ecobank’s request to restrain NSA from arresting staff over N319.8 million ‘fraudulent’ disbursements’
The Federal High Court in Abuja has dismissed a suit filed by Ecobank Nigeria Limited, which requested a restraining order ...
Tag: Ecobank
News and Analysis about Ecobank
Ecobank deal, Flourmill rumour, Access Corp results and NASD on the hotseat!
https://www.youtube.com/watch?v=dHcKXaG6X10
Ecobank obtains bondholders approval for key amendments to boost capital adequacy
Ecobank announced on Wednesday that it has obtained approval from bondholders to raise its capital buffer, increasing it by 10%, ...
Ecobank launches custody business in Nigeria
Ecobank Nigeria limited has launched custody business operation in Nigeria.
#EndBadGovernance protests: Bankers work from home, as NGX operations unaffected
In response to the ongoing #EndBadGovernance protests, some banks in Nigeria have implemented remote work policies for their employees.
Ecobank is undervalued but its Nigeria business continues to lag
Ecobank Transnational Incorporated’s (ETI) profit before tax rose to a 5-year-high of N263.524 billion ($581.362 million) in FY 2023, according ...
Ecobank to raise $600 million debt in the next one year
Ecobank Transnational Incorporated (ETI) will raise $600 million through senior secured debts and tier-2 debts over the next year.
Ecobank’s pre-tax profit grows 249% to N202 billion in Q1 2024
Ecobank Transnational Incorporated (ETI) posted a pre-tax profit of N201.5 billion during the quarter ending March 31, 2024. This marks ...
Ecobank Signs $250M Bridge-to-Bond Loan with Afreximbank and AFC
Ecobank Transnational Incorporated (ETI) has inked a $250 million senior unsecured bridge-to-bond loan facility, with African Export-Import Bank (Afreximbank) and ...
2023 9M: Ecobank sets to surpass year 2022 performance, while Nigeria business continues to trail
Ecobank Transnational Incorporated has recorded a commendable 9-month performance and is likely to beat its 2022 5-year record performance.
