Shareholders applauded the Group’s strong performance in 2023 with its net revenues exceeding the $2 billion mark.
Browsing: ETI
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 its operating profit before impairment charges and taxation rose by 32.62 per cent to N138.26bn.
Ecobank Transnational Incorporated (“ETI”), the Lomé based parent company of the Ecobank Group (Ecobank.com), was hosted on Thursday by the London Stock Exchange for a market opening virtual ceremony to celebrate the successful listing of the Tier 2 Sustainability Notes on the London Stock Exchange (LSE) main market. This represents the first ever Tier 2 Sustainability Notes by a financial institution in Sub-Saharan Africa.
Some capital market operators have expressed dissatisfaction with Oando Plc minority stakeholders’ comparison of the company’s audit by Securities and Exchange Commission with that of the Ecobank Transnational Incorporated Plc.
Transactions on the Nigerian Stock Exchange reopened for the week on a bearish trend as the market capitalisation dropped N22 billion or 0.16 per cent.
Weekly transactions on the Nigerian Stock Exchange reopened on a bullish note on Monday with some blue chips chalking up gains.