Ecobank Transnational Incorporated Condensed Unaudited Consolidated Financial Statements For the period ended 30 June 2020 CONTENTS Condensed Unaudited Consolidated financial statements: Press release Condensed Unaudited Consolidated statement of comprehensive income USD (Six months) Condensed Unaudited Consolidated statement of comprehensive income USD (Quarter 2) Condensed Unaudited Consolidated statement of comprehensive income NGN (Six months) Condensed Unaudited […]
Tag: ecobank
Seplat Appoints Emeka Onwuka as CFO, Executive Director
Seplat Named Emeka Onwuka as CFO and Executive Director Seplat Petroleum Development Company Plc has appointed Mr. Emeka Onwuka as the Chief Financial Officer (CFO) and Executive Director of Seplat, effective from August 1, 2020. In the statement signed by Mrs. Edith Onwuchekwa, Company Secretary and Chief Governance Compliance Officer, and released through the Nigerian […]
Union Bank of Cameroon’s board appoints Felix Landry Njoume as new MD
(Business in Cameroon) – Subject to regulatory approval, Felix Landry Njoum is the new Managing Director of Union Bank of Cameroon (UBC) PLC. "Compliance and regulatory steps are already being taken to obtain final approval per regulatory procedures ," the Cameroonian bank explains. Mr. Njoume is a seasoned banker with over 17 years of experience […]
Ecobank Transnational Incorporated : Reports Profit Before Tax of $170 million and a return on tangible equity of 15.2% for the first half of 2020
Ecobank Reports Profit Before Tax of $170 million Diluted EPS of $0.0036 and Tangible Book Value Per Share (TBVPS)1 of $0.048 Ade Ayeyemi, Group CEO said: "I am pleased with our diversified business model and the investments that we have made in people, systems, and processes. These have enabled us to serve our customers and […]
Ecobank advises customers on online banking
Nike Popoola The Head, Consumer Banking, Ecobank Nigeria, Olukorede Demola-Adeniyi, has said there is a need for customers to maintain online safety to avoid falling victim to fraudsters and scammers. Demola-Adeniyi said this in a statement on Friday, entitled ‘Ecobank digital channels, your best bet to enjoy safe and convenient digital banking.’ She said, “To […]
Nigeria: Sallah – Nigerians Lament Poor Online Banking Services
For the past few days, Nigerians have lamented the poor online banking services experienced even as Sallah commences. Just like during every other holiday, a lot of transactions take place, ranging from transfer of money to relatives, payment for shopping or even withdrawal to have cash at hand. But there have been complaints from customers […]
Ghana: Veep Bawumia Commissions 100 Bed Infectious Disease Hospital – Salutes Patriotism of Ghanaians
Vice President Dr. Mahamudu Bawumia has hailed the remarkable display of patriotism by Ghanaians in partnering with the government to realise the dream of building the nation’s first Infectious Diseases Centre The Vice President commissioned the 100-bed hospital in Accra, which was built to cater for infectious disease, following the outbreak of the Coronavirus pandemic […]
‘How to spur MSMEs growth with right financing mechanism’
Micro, Small and Medium Enterprises (MSMEs), have been generally acknowledged as the backbone to the success of developed nations, where they have gained much popularity. From reducing unemployment to contributing to government’s revenue, the benefits of a well-developed MSME sector can never be over-emphasized. Thus, nations have set out plans to develop the MSMEs sector […]
Africa must use AfCFTA delay to get everyone on board – Ecobank
People walk at the entrance of Ecobank building in Abidjan, Ivory Coast on June 4, 2018. REUTERS/Luc Gnago Twenty African countries including Nigeria, which has the continent’s largest GDP, have yet to ratify the treaty, originally planned to come into force in July. A possible start date of January 2021 is now being targeted. Nkontchou […]
GUTA orders closure of foreign shops, Ecobank denies report of GHc4m debt and more
Our Manifesto: This is what YEN.com.gh believes in Close your shops now! GUTA orders illegal foreign traders in Accra The Ghana Union of Traders Association (GUTA) has called for the immediate closure of all retail shops owned by foreigners at Kwame Nkrumah Circle, in Accra. GUTA argued that the foreign traders are illegally operating there […]