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JulEcobank Nigeria extends remittance services to business accounts holders
Ecobank Nigeria has extended its innovative remittance services to its business account holders. This implies that Business Account holders can now receive funds sent through Ecobank Rapidtransfer or any of its Remittance franchise partners through the Business to Business (B2B), Business to Customer (B2C) and Customers to Business (C2B) transaction […]
26
JulNigerian Bourse sheds N313bn, closes lower by 1.11%
It was yet another bearish session on the floor of the Nigerian Exchange yesterday as the All Share Index declined by 1.11% to close at 51,400.53 points against the previous close of 51,979.92 points on Friday. The market capitalisation also closed at N27.718 trillion, shedding N313 billion from N28.031 trillion[…]
25
JulEcobank Garners 503.6bn Gross Earnings in six months
The second quarter financial report of Ecobank Transnational Incorporation for the period ended June 30th 2022 reveals that the gross earnings grew by 14.59% closing at N503.6 billion from the previous close of N439.5 billion in 2021. The bank’s profit After Tax improved by 23.60% to settle at a loss of[…]
25
JulCheap Stocks at Year Low for Strategic Positioning
The stock market last week closed on a bearish note, occasioned by profit taking in 36 equities, thereby creating new entry opportunities for discerning investors. Only 3 equities released their Q2 2022 results in the course of last week, which include: United Capital Plc, Africa Prudential Plc and Arbico Plc.[…]
