Pan-African lender Ecobank Transnational expects to double Nigeria’s contribution to its group profit next year from around 20 percent after integrating former rival Oceanic Bank, which it bought last year. ETI chief executive Arnold Ekpe told an analysts conference call on Monday that Oceanic Bank had turned profitable after Ecobank […]
Uncategorized
Courteville to introduce foreign businesses to funding in Nigeria
By Peter OBIORA InvestAdvocate London (INVESTADVOCATE)– Courteville Business Solutions Plc, operating on the Commercial Services Sector of the Nigerian Stock Exchange (NSE) Monday promised to introduce foreigners willing to do business in Nigeria to funding. Adebola Akindele, Group, Managing Director (GMD) of the Company said this at a Question and […]
Standard Chartered Unit Accused of Illegal Transfers
New York’s top financial regulator accused a Standard Chartered STAN.LN +2.05% PLC unit of running a “rogue institution” that “schemed” with Iran’s government to hide more than $250 billion in illegal transactions for nearly a decade. The New York State Department of Financial Services threatened to revoke the license […]
