Nduka Chiejina (Assistant Editor), Abuja The Investment and Securities Tribunal (IST) has ordered the Nigeria Deposit Insurance Corporation (NDIC) to pay a subscriber to an aborted initial public offering (IPO), in a landmark judgment that places the burden of uncompleted transactions on the NDIC. The IST ordered NDIC to pay Winners Medical Diagnostic and Research […]
Tag: ecobank
Fitch: Ecobank has stable outlook, quality management
Fitch Ratings has assigned Ecobank Nigeria Limited (ENG) a Long-Term Issuer Default Rating (IDR) of ‘B-’ with a Stable Outlook, Viability Rating (VR) of ‘b-’ and National Long-Term Rating of ‘BBB (nga)’. The report noted that Ecobank’s IDRs are driven by its stand alone creditworthiness, as expressed by its Viability Rating (VR). The VR reflects […]
Fitch Rates Ecobank Nigeria Limited at ‘B-‘; Outlook Stable
Fitch Ratings – London – 28 Jan 2021: Fitch Ratings has assigned Ecobank Nigeria Limited (ENG) a Long-Term Issuer Default Rating (IDR) of ‘B-‘ with a Stable Outlook, Viability Rating (VR) of ‘b-‘ and National Long-Term Rating of ‘BBB (nga)’. A full list of ratings is below. KEY RATING DRIVERS IDRS and VR ENG’s IDRs […]
2 grabbed trying to renew dead doctor’s licence
Listen to article Two persons have been picked up by the police for attempting to renew the licence of a dead medical doctor to operate in Accra. The two have been identified as Regina Okan, an accountant of Christian Medical Centre in Nungua and Solomon Nii Armah. The two were grabbed after officials from the […]
AfCFTA: Ecobank is Well-Positioned to Make Payments Smooth – Ade Ayeyemi
Proshare Nigeria Pvt. Ltd. The Group Chief Executive Officer, Ecobank Transnational Incorporated (ETI), Ade Ayeyemi, has affirmed that the pan-African banking group is facilitating smooth and instant payments across Africa as countries start the implementation of the African Continental Free Trade Area Agreement (AfCFTA). Ayeyemi who made this assertion during an interview with the media […]
Odartey Lamptey sworn-in as deputy MD of GCB Bank
Emmanuel Odartey Lamptey, new deputy MD of GCB Bank Mr. Lamptey was sworn in as the DMD Operations and Executive Director of the Bank on Wednesday, 20th January 2021 by Justice Sophia Bernasko Essah, a Justice of the Court of Appeal, Ghana. The swearing-in ceremony was witnessed by the Chairman, Mr. Jude Arthur, and other […]
Emmanuel Odartey Lamptey appointed Deputy MD of GCB Bank
Emmanuel Odartey Lamptey has been appointed as the new Deputy Managing Director (DMD) – Operations of GCB Bank by the board. He was sworn in as the DMD Operations and Executive Director of the Bank on Wednesday by Justice Sophia Bernasko Essah, a Justice of the Court of Appeal, Ghana. The swearing-in ceremony was witnessed […]
CIBN 2021 Outlook Forum: Experts Discuss Implications of Policies on Businesses in Nigeria
Tuesday, January 26, 2021 / 6:04PM / Bukola Akinyele- Yisau for WebTV / Header Image Credit: Twitter; @cibnigeria Proshare Nigeria Pvt. Ltd. The Chartered Institute of Bankers of Nigeria (CIBN) in collaboration with Biodun Adedipe Associates Consulting services hosted its 7th National Economic conference that explored the topic "Implications of Policies on Businesses in Nigeria […]
Ghana Association of Bankers appoints Mansa Nettey as new president
Mansa Nettey is now the President of the Ghana Association of Bankers The Managing Director of Standard Chartered Bank, Mansa Nettey, has been elected as the new President of the Ghana Association of Bankers (GAB). This comes after the General Council of the Ghana Association of Bankers unanimously endorsed her appointment. She succeeds the immediate […]
Bank customers opt for automated service during pandemic – survey
The SC Mobile app gives you freedom Most bank clients preferred using fully automated platforms while accessing banking services in 2020, according to the Kenya Bankers Association (KBA) Customer Satisfaction Survey. The report indicates that bank clients opted for contactless banking channels to reduce the possibility of contracting Covid-19 through currency and bank branch visits. […]