Dangote Cement, GTB, others lead stock market’s N198b gain

Dangote Cement, GTB, others lead stock market’s N198b gain

• Investors enjoined to trade cautiously in near term Following price gains recorded by major highly capitalised stocks, especially Dangote Cement, and Guaranty Trust Bank (GTB), transactions on the equity sector of the Nigerian Stock Exchange (NSE), reopened in an upbeat after the two days holiday to mark the Eid-el Kabir celebration yesterday.Market capitalisation rose […]

Moody’s Assigns first-time B2 Issuer Rating to Ecobank

Moody’s Assigns first-time B2 Issuer Rating to Ecobank

By Dipo Olowookere Leading global rating company, Moody’s Investors Service (Moody’s) last week announced assigning first-time B2/Not Prime global local- and foreign-currency issuer ratings to Ecobank Transnational Incorporated (ETI), a Pan-African bank holding company incorporated in Togo. According to Moody’s, the long-term ratings carry a stable outlook and as part of its analysis, the rating […]

Ecobank appoints Josephine Anan-Ankomah as Group Executive

Ecobank appoints Josephine Anan-Ankomah as Group Executive

Ecobank Transnational Incorporated has appointed Mrs Josephine Anan-Ankomah to the position of Group Executive in charge of commercial banking. The appointment which takes immediate effect follows an internal recruitment process. Follow @Graphicgh As a member of the Group Executive Committee, Mrs Anan-Ankomah will report to the GCEO and will be based in the Ecobank Group […]