Bank Directors Association of Nigeria (BDAN) has elected Chairman of Ecobank, Olorogun Dr. Sonny F. Kuku (OFR), to lead the association as president for the next two years. BDAN is the umbrella body of non-executive directors of banks established to provide a forum for improving the knowledge and the competence […]

The market capitalisation of the Nigerian Stock Exchange could be boosted by N45.58 trillion ($303.37 billion) should petroleum companies operating in the country be listed on the local bourse, as canvassed by notable Nigerians. As at November 29, 2011, market capitalisation was N6.29 trillion, while the all share index was […]

Nigeria’s Ecobank said on Monday it will seek shareholders approval on Dec. 22 to merge its operations with rival Oceanic Bank , after Ecobank’s parent firm ETI acquired 100 percent of Oceanic in September. It said shareholders in the enlarged Ecobank will get 1 share in ETI for every 5.16 […]