Ecobank Transnational Incorporated Archives

Business

Equities market indices down amid Seplat, MTN, 17 others losses

Ihesiulo Grace 19 July 2019 0

Motolani Oseni The All-Share Index of the Nigerian Stock Exchange (NSE) on Thursday reached an all-time low of 27,864.49 due to selling pressure in Seplat, MTN Nigeria and 17 other equities. The equities market index lost 178.31 points or 0.64 per cent to close lower at 27,864.49 against

Business Money

ETI declares 12% hike in profit to N57.95bn

Ihesiulo Grace 26 October 2017 0

Ecobank Transnational Incorporated (ETI) on Wednesday announced 12 per cent increase in profit for the nine months ended September 30, 2017 to N57.95 billion from N51.76bn in nine months ended September 30, 2016. The pan-African financial institution Profit before tax also rose by marginally by three per cent to N69.4bn as against N67.5bn in prior […]

Business

MSMEs: Ecobank CEO advocates credit schemes to boost lending

Ihesiulo Grace 17 October 2017 0

The Chief Executive Officer of Ecobank Transnational Incorporated, Ade Ayeyemi, is calling for the Nigerian Government to introduce Credit Guarantee Schemes for Micro, Small and Medium Enterprises (MSME) as a measure to hedge their risk. Reiterating that MSME’s are a fundamental part of the economic fabric in Nigeria and the wider continent and therefore play […]

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