Updates

Flour Mills of Nigeria plans 40 bln naira share sale

August 2, 2016/Reuters Flour Mills of Nigeria has registered plans with regulators to raise up to 40 billion naira ($128 million) in equity over the next three years, its chief financial officer said on Tuesday. Jacque Vauthier said the company’s directors had decided that the most appropriate way to raise […]

ETI Names Dan Sackey MD Ecobank Ghana, Regional Executive Anglophone West Africa

August 2, 2016/ETI Ecobank Transnational Incorporated (ETI)  today announced the appointment of Mr. Dan Sackey as Managing Director of its Ghanaian subsidiary, Ecobank Ghana, and Regional Executive for Anglophone West Africa, subject to regulatory approvals. Mr. Sackey has extensive experience and knowledge of the African banking landscape, having risen through […]

ETI Q2’16 Conference Call & Earnings Presentation – The Key Takeaways

August 2, 2016/Proshare Markets Ecobank Transnational Incorporated (ETI) today holds its Q2’16 Investors and Analyst Conference Call Earnings Presentation. In Q2, the bank operated and delivered its earnings results in a tough operating environment with economies across Africa slowing while Nigeria’s economy is stressed particular due to the impact of […]