A United Arab Emirate based Company, Agrico Agbe has lodged extortion claims with the Central Bank of Nigeria against Ecobank Transnational Incorporated, a subsidiary of Ecobank specialized in recovery of funds. The letter claiming extortion by the UAE-based company dated 26th July, 2024 which was signed by Patience Onu titled: …
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TO promote trade and foster economic growth in Africa, the International Finance Corporation (IFC) announced Friday trade finance facilities totalling $140 million with seven Ecobank Transnational Incorporated (ETI) subsidiaries. These subsidiaries operate in Burkina Faso, Cameroon, Côte d’Ivoire, Ghana, Malawi, Mali, and Togo. The IFC’s $140 million trade finance guarantee …
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The Ecobank Group has recorded a 13 per cent growth in profit before tax, PBT, to $540 million in the financial year ended December 2022. According to the bank, the growth in PBT was supported by the benefits of its diversified business model. Within the period under review, the solid profit …
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