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SEC, CBN APPROVES ECOBANK CUSTODY BUSINESS
SEC, CBN APPROVES ECOBANK CUSTODY BUSINESS1. Background Information:- Ecobank Nigeria Limited has received approval from the Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (C...
Ecobank Group Profit Before Tax Hits $581 Million
Ecobank Group posted a profit before tax of $581 million on Tuesday for the year ended December 31, 2023.The Group's audited 2023 year-end results, posted on the Nigerian Exchange, highlight the stabi...
Zenith Bank Plc Wins Best Nigerian Bank in the Global Finance Best Banks Awards 2024
Zenith Bank Plc has been ranked Nigeria's best bank in the recent Global Finance Best Banks Awards 2024. The bank has emerged four times since 2019, including the most recent ranking.Zenith Bank Plc w...
Ecobank Gets $250 Million Loan Facility to Boost Liquidity
Ecobank Transnational Incorporated recently announced that it has gotten a $250 million loan facility to boost liquidity.The Group's Chief Financial Officer, Ayo Adepoju, announced this in a statement...
FCCPC Fines British American Tobacco $110 Million for Numerous Violations
The Federal Competition and Consumer Protection Commission (FCCPC) has filed a lawsuit against British American Tobacco (BAT) in Nigeria and companies affiliated with it for $110 million for numerous ...