Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has announced that the current Group Chief Executive Officer, Ade Ayeyemi, will retire after he attains the age of 60, in accordance with ETI policy. The Board of Directors selected Jeremy Awori to succeed Ade Ayeyemi as Group Chief Executive Officer. The relevant effective dates will […]
Ellah Lakes Plc has notified the Nigerian Exchange and the investing public of the Take Over of the management and operations of Adarice Farms & Associated Assets from Enugu State Government. This is Following the signing of the Memorandum of Understanding between Ellah Lakes Plc and Enugu State Government (Enugu State Technical Committee on Privatisation and Commercialisation),[…]
The Nigerian stock market last week closed on a bearish note, occasioned by profit taking in Airtel Africa and 35 other stocks. The All Share Index and Market capitalization dipped by 0.70% to settle at 49,695.12 and N26.805 trillion respectively. An aggregate of 949.8 million units of shares were traded in 18,525 deals, valued at N9.33 billion.[…]