Nigeria’s Guaranty Trust Bank will open its outlets over the weekend and even deliver cash at home for Kenyan depositors, its chief executive said, aiming to win market share in one of the toughest markets for foreigners in Africa. The bank, which is also listed in London, joins Nigerian lenders […]
Tag: Ecobank
Ecobank Capital, Orion Oil sign $500m deal
Ecobank Capital, the investment banking arm of Ecobank Group, leading pan-African bank, says it has successfully raised, on behalf of Orion Oil Limited, the sum of $500m to be utilised for the prepayment of crude oil cargos to be supplied by Société Nationale des Pétroles du Congo (The National Oil […]
SEC Confirms Investigation on ETI’s 2012 Result
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) Tuesday confirmed that it’s investigating Ecobank Transnational Incorporated (ETI), on allegations of breach of corporate governance. SEC said this in a statement signed by its management and made available to InvestAdvocate by Yakubu Olaleye, its head of media. “In […]
