Obinna Chima Ecobank Nigeria announced that it has successfully priced its $300 million bond issuance maturing in February 2026, with settlement of the debt instrument to take place on February 16, 2021. According to a statement from the bank, the fixed-rate, US dollar-denominated bond, with a tenor of 5 years, carries a coupon rate of […]
Tag: ecobank
Ecobank Nigeria issues $300m bond
Ecobank Nigeria, a wholly owned subsidiary of Ecobank Transnational Incorporated, the parent company of the Ecobank Group, has successfully priced its $300m bond issuance maturing in February 2026, with settlement of the bond to take place on February 16, 2021. The fixed-rate, US dollar-denominated bond, with a tenor of five years, carries a coupon rate […]
Ecobank Transnational announces Hervé Assah as new Non-Executive Director
WorldStage Newsonline– Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, announces the co-option to its Board of Directors of Hervé S. Assah, as Independent Non-Executive Director from the CEMAC Region. In a notification at the Nigerian Stock Exchange said “Hervé S. Assah is a national of Congo Brazzaville with almost four decades’ experience […]
Ecobank Transnational appoints new director
Pan-African banking conglomerate, Ecobank Transnational Incorporated, has announced the appointment of an independent of non-executive director, Hervé S. Assah. Mr Assah, who comes from the Central African Economic and Monetary Community region, is a national of Congo Brazzaville. His experience as a senior executive approaches 40 years and spans fields as diverse as investment and […]
Nigeria: Ecobank Transnational Appoints New Director
Mr Assah, who comes from the Central African Economic and Monetary Community region, is a national of Congo Brazzaville. Pan-African banking conglomerate, Ecobank Transnational Incorporated, has announced the appointment of an independent of non-executive director, Hervé S. Assah. Mr Assah, who comes from the Central African Economic and Monetary Community region, is a national of […]
Final forfeiture of Patience Jonathan’s $5.8m, N2.4bn for hearing April 13
By Robert Egbe A Federal High Court in Lagos has fixed April 13 to hear an application seeking forfeiture of the $5,781,173.55 and the N2.4billion said to have been illegally acquired by former First Lady, Dame Patience Jonathan. Justice Chuka Obiozor fixed the date after hearing counsel to the parties in the suit. The application […]
Frances Adu-Mante appointed Board Chair of Absa Bank Ghana Limited
Absa Group is pleased to announce the appointment of Mrs Frances Adu –Mante as Board Chair of Absa Bank Ghana after securing the necessary regulatory approvals. Mrs Adu-Mante, who has served on the Board since September, 2017 succeeds Mr. Charles Alexander Cofie, who completed his tenure as Board Chairman on Thursday, 31 December 2020. “I […]
Court Hears Final Forfeiture of Patience Jonathan’s $5.8m, N2.4bn on April 13
Justice Chuka Obiozor of the Federal High Court in Lagos yesterday fixed April 13, for the hearing of final forfeiture of the sum of $5,781,173.55 and the N2.4 billion, said to have been illegally acquired by the former First Lady, Mrs. Patience Jonathan. Justice Obiozor fixed the date, after counsel to the parties appeared before […]
Ecobank Nigeria Introduces Money Transfer Via SMS, WhatsApp
Proshare Nigeria Pvt. Ltd. Ecobank Nigeria says its customers are now able to transfer funds by email, SMS and Whatsapp – new features available on the Bank’s Mobile App. Speaking, Olukorede Demola-Adenyi, Head, Consumer Banking Ecobank Nigeria said that this is part of the bank’s innovation in digital banking, enabling customers perform their transactions conveniently. […]
Today in History: Government to create 100,000 jobs in March
President of Ghana, Nana Addo Dankwa Akufo-Addo Today marks exactly three years when President Akufo-Addo noted that his government will create 100,000 jobs for the youth under the Nation Builders Corps (NaBCo) initiative. He noted that those who will be enrolled onto NaBCo will be working at the revenue collection department of the Ghana Revenue […]