Updates

SEC signs MoU with NERDC on introduction of Capital Market Studies

20/11/2016/SEC The Securities and Exchange Commission (SEC) is set to achieve another milestone by infusing capital market studies (CMS) into schools curriculum with the signing of a Memorandum of Understanding (MoU) with the Nigerian Educational Research and Development Council (NERDC). This was done weekend at the Commission’s head office in […]

Fitch Revises Down Support Rating of 10 Nigerian Banks

21/11/2016/Fitch Ratings Fitch Ratings-London-18 November 2016: Fitch Ratings has revised down the Support Rating Floors (SRFs) of 10 Nigerian banks to ‘No Floor’ and downgraded nine banks’ Support Ratings (SRs) to ‘5’ following a reassessment of potential sovereign support for the banking sector. As a consequence, the Long-Term Issuer Default […]

Ecobank appoints Madibinet Cissé as Company Secretary and Group Counsel

18/11/2016/ETI Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, announces the appointment of Mr. Madibinet Cissé as Group Head, Legal and Company Secretary/Group Counsel. Mr. Cissé, whose appointment takes effect on the 9th of January 2017, will report  jointly to the Ecobank Group CEO and the ETI Board […]