Ecobank Transnational Incorporated recorded a 33.04 per cent rise in its profit before tax for the first half of the year ended June 30, 2021. In its unaudited financial statement for the first half of the year 2021, Ecobank said its operating income improved by 15.35 per cent year-on-year from June 30, 2020. It said […]
Tag: ecobank
H1′ 2021: Ecobank deposit hits N7.86trn as profit rises 33.04%
Customer deposit of Ecobank Transnational Incorporated (ETI) has hit N7.86% as its post-tax profit recorded a 33.04 per cent rise in the first half of the year ended June 30, 2021. In its unaudited financial statement for the first half of the year 2021, Ecobank said its operating income improved by 15.35 per cent year-on-year […]
Ecobank Nigeria Assures Customers of Smooth Forex Transaction
Managing-Director-of-Ecobank-Nigeria-Mr.-Patrick-Akinwuntan- Ecobank Nigeria has assured customers that the bank has put in place every arrangement for the implementation of the foreign exchange (fx) policy issued by the Central Bank of Nigeria (CBN). The bank in an email to its customers indicated that all its branches had been put on notice to ensure smooth FX sales […]
Ecobank Nigeria Joins IFC, Nigerian Exchange Partnership on Gender Equality
Ecobank and its MD, Akinwuntan Ecobank Nigeria has entered into partnership with the International Finance Corporation (IFC) and The Nigerian Exchange Limited (NGX) on the ‘The Nigeria2Equal gender program’ targeted at reducing gender gaps across employment and entrepreneurship in the Nigerian private sector. The program is the first multi-stakeholder country project focused on ensuring equality […]
SSNIT recovers US$4.15 million out of US$11.79 million loss cited in Auditor General’s report
The Management of the Social Security and National Insurance Trust (SSNIT) has explained that it has recovered US$4.15 million out of US$11,794,109 lost through the liquidation of three companies, as cited in the 2020 Auditor-General’s Report. This was contained in a press release, dated August, 13, from SSNIT in reaction to the 2020 Auditor General’s […]
Ecobank Group has launched its 2021 edition of the Fintech Challenge
Ecobank Group has launched the 4th edition of the Ecobank Fintech Challenge and is inviting African Fintech entrepreneurs to apply. Start-ups can potentially partner with Ecobank to scale their solutions across Ecobank’s 33 African markets as well as its international operations in France by participating in the Challenge. Applications have opened for entries from all […]
FIRS, Others Rakes N450.2bn Tax from GTCO, Zenith Bank, Four Other D-SIBs in Three Years
Darasimi Adebisi The Federal Inland Revenue Service (FIRS), and other tax authorities in countries where Nigerian banks operate, generated a total of N450.2billion as tax income from six Domestic- Systemically Important Banks (D-SIBs) in three years, a report by the National Bureau of Statistics (NBS) has revealed. These six D-SIBs are GTCO Plc (formally Guaranty […]
A Lot Of People Retire With A Big House, But Can’t Buy Food – Paul Kofi Mante, Managing Director Of EDC
The Managing Director of Ecobank Development Corporation Investments Ltd (EDC), Paul Kofi Mante, during Old Mutual’s ɔbra Pa Retirement Salary stakeholder engagement program held in Accra has ascertained that many people retire without plans to maintain cash flow in their lives. In expressing his worry, Mr. Mante said, “A lot of people retire and are […]
“Let Passion Drive Your Career Choice” – Basketmouth, Others Counsel Youths at Ecobank Forum
*Bankole Williams, Consultant, Career Coach; Hadiza Blell (Di’Ja) Singer & Songwriter; Adeoluwa Enioluwa, a Writer and Public Speaker; Jemima Osunde, Actress, Model and Presenter; Bright Okpocha (Basketmouth), Comedian and Actor and Ozinna Anumudu, expert in Fashion and Branding, at the digital seminar organized by Ecobank Nigeria to commemorate the International Youth Day in Lagos Nigerian […]
Liberian Senate to Probe Sudden Increment in Charges on Containers at the Freeport of Monrovia
MONROVIA – The Plenary of the Liberian Senate has constituted an ad-hoc committee to investigate the increase in fees for inspection and clearing of containers at the Free Port of Monrovia. The decision was reached on Thursday after communication from Senator Edwin Melvin Snowe of Bomi County urged his colleagues to look into the matter. […]