Following its eight years legal battle with Ecobank Nigeria, Honeywell Flour Mills (HFMP) has been awarded N72.2 billion in damages by Justice Mohammed Liman of the...
On Monday, the stock market will not open due to the Presidential inauguration of President-elect, Bola Tinubu, however, on Tuesday, the bourse will open for investments....
These top 10 stories across the nation’s newspapers might interest you. 1. Obi finally files petition at elections tribunal The presidential candidate of the Labour Party...
The Nigeria Exchange Limited (NGX), capital market authority, has fined Ecobank Transnational Incorporated, PZ Cussons, and two other companies for failing to meet listing rules of...
The Central Bank of Nigeria (CBN) has delayed approving the component audit of a material subsidiary company of Ecobank Transnational Incorporated (ETI). This has forced Ecobank...
These top 10 stories across the nation’s newspapers might interest you. 1. 2023: Structures of criminality, poverty must end, Obi rejects election results, heads to court...
Ecobank Plc and four other banks have announced adjustments in the operation hours ahead of the general elections. In separate emails to their customers, the banks...
Ecobank Transnational Incorporated has said it will delay the release of its fourth quarter 2022 Unaudited Financial Statements The Securities and Exchange Commission’s (SEC) listing rules...
Ten months after Flour Mills of Nigeria (FMN) acquired a majority stake in Honeywell Flour, the former is on the verge of losing some assets owned...
The Nigerian Exchange Group (NGX) has fined Ecobank Transnational Incorporated (ETI) N3.2 million for failing to submit its third quarter 2022 financial statements after the date...
Investors at the Nigerian capital market lost N30 billion after eight hours of trading on Thursday. This followed the crash in equity capitalization by -0.1 percent...
The value of investments in the Nigerian capital market appreciated by 0.1 percent at the close of trading on Tuesday. This means the equity capitalization rose...
Ecobank Transnational Incorporated (ETI) has appointed Jeremy Awori to replace the outgoing Group Chief Executive Officer, Ade Ayeyemi. A statement by Ecobank disclosed that Adeyemi will...
For investors with Bank stocks in their portfolio, as the capital market enters into the second half (H2) of 2022, it’s important to know what went...
The Kano state government has issued a two-week ultimatum to three commercial banks to pay their outstanding trade registration fees or face closure. The banks include...
Ripples Nigeria quarterly ranking for best performing commercial banks operating in Nigeria is determined by the growth of the financial institutions’ Net Interest Income within three...
Data show that 11 Nigerian banks in 12 months committed over N536.09 billion on salaries and wages of their staff. The figure was obtained from the...
Ecobank Nigeria’s operating income dropped by -17 percent to $223 million in 2021. In its Full Year Financial Statements for last year released on Tuesday, the...
During the five days of trading this week, the NGX reported that over 1.448 billion shares worth N19.08 billion were exchanged in 22,557 deals by investors....
The Executive Director of the Guarantee Trust Bank, Jubril Mobolaji Lawal, has joined the Ecobank as the managing director after losing out on the plum job...
Flour Mills Nigeria and Honeywell Flour Mills Plc have denied breaching court proceedings after Ecobank warned against the deal between both companies. Ecobank had said in...
Honeywell Flour Mills Plc (HFMP) investors lost N3.17 billion as Ecobank Nigeria scared the capital market away from the consumer foods manufacturer amid acquisition from Flour...
Ecobank reduced the loans granted to customers in the second quarter of this year by 2 percent as the Central Bank of Nigeria (CBN) increased its...
Ecobank Transnational Incorporated liability is set to rise as the lender is looking to increase its capital flow through debt financing, which will have both negative...
Between January and September 2020, 11 banks listed on the Nigerian Stock Exchange (NSE) generated a total of N42.8billion or N4.7 billion monthly, from account maintenance...
Last week, the Nigerian Stock Exchange (NSE) underperformed, with the decliners rising above the gainers. However, despite the lose to investors, some companies caught the eye...
Ecobank’s $300 million bond which will be listed on the London Stock Exchange (LSE) has been oversubscribed by foreign investors during the marketing of the transaction....
The Nigerian Stock Exchange was mostly bearish last week, as investors across several companies engaged in a sell-off to protect their profit, while others dumped shares...
Ecobank is planning to raise funds from foreign investors amid declining interest in its shares in Nigeria and falling revenue. The company wants to use the...
Ecobank Group has recorded a revenue of over N630 billion for the year ended December 31, 2020. This represents a 7 percent growth when compared to...
These latest stories from the tech space will keep you updated with trends today. 1. Ghanaian startup displaces 600 others to win Ecobank contest Ghanaian startup...
The hearing of the case involving Samuel Saleh Umoru and Philomena Chieshe, who were formerly Zonal coordinator and Revenue officer of the Joint Admissions and Matriculation...
AFC approves $230 million loan for 9mobile – NEWS From Etisalat to 9mobile – the story in between Company’s debt history What’s the future? Technically, the...
The Economic and Financial Crimes Commission (EFCC) on Tuesday, arraigned Ecobank Plc before Justice Saliu Seidu of the Federal High Court sitting in Ikoyi, Lagos on...
Dr. Oba Otudeko, Chairman, Honeywell Group, through his lawyer, Bode Olanipekun, has indicated his readiness to testify in the ongoing matter between his firm and Ecobank....
Nigerian equities closed in the negative for the second consecutive trading session as investors continued their sell down in a momentary period before the main inflow...
Ecobank Transnational Incorporated (ETI) Plc, the pan-African financial services holding company for the Ecobank group, on Thursday indicated that it plans to complete its forthcoming $400...
Nigerian equities reopened on Monday with a continuing overhang of sell pressure as investors sought to take profits from earlier capital appreciation and readjust their portfolios....
Ecobank Transnational Incorporated (ETI) Plc, the parent company of Ecobank brands across Africa, recorded N389 billion in gross earnings in the first half of this year....
One of the commercial banks in Nigeria, Ecobank, says it has concluded plans aimed at reducing its workforce and closing down some unviable branches in a...
The long arm of the law has caught up with two suspects who attempted to break an Automated Teller Machine (ATM) of a new generation bank...
Ecobank Transnational Incorporate (ETI) recorded a net loss of N52 billion in 2016 as the group took a decision to completely clean its books of non-performing...
Several investors on Wednesday narrated how they were allegedly swindled of more than N4.8 billion in investment schemes promoted by Partnership Investment Company Plc, owned by...
Nigerian equities recorded their third consecutive decline on Wednesday as selling pressure from a mix of profit-taking and Yuletide transactions shaved off N42 billion from the...
The Nigerian stock market continued on the upswing on Thursday at the Nigerian Stock Exchange (NSE) as investors sought to take positions in leading banking stocks....
After running an all-week negative trading sessions last week, the Nigerian equities market reopened on Monday with a bit of exhaustion as investors await the decision...
After losing a total of N513 billion in three successive negative trading sessions, Nigerian equities staged a comeback yesterday as investors sought to take positions in...
Ecobank Nigeria Limited has sought a restraining order from the Federal High Court in Lagos against Anchorage Leisures Limited from accessing its funds in 20banks over...
Ecobank Transnational Incorporated (ETI), the Lome-based parent company of the Ecobank Group, has alerted investors that it expects to report materially lower profit for the year...
A Federal High Court sitting in Lagos, on Friday, struck out a contempt charge filed against Ecobank Nigeria Limited by Honeywell Flour Mills Plc. Justice Ibrahim...
