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AUDA-NEPAD and Ecobank Group partnership moves to finance phase under the 100,000 MSMEs Initiative - Afrik-news com : Africa news, Maghreb news
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Published 2 May 2021
Ten of Nigeria’s commercial banks posted stock losses in the first three months of this year as N187.81bn was wiped off their combined market capitalisation, an analysis of data from the Nigerian Exchange Limited showed.
The affected banks are United Bank for Africa Plc, Zenith Bank Plc, Access Bank Plc, Ecobank Transnational Incorporated, Union Bank of Nigeria Plc, Fidelity Bank Plc, Wema Bank Plc, FCMB Group Plc and Jaiz Bank.
Four banks, namely FBN Holdings Plc, Guaranty Trust Bank Plc, Stanbic IBTC Holding Plc, and Unity Bank Plc saw their market value increase in Q1.
Airtel Africa appoints Ogunsanya as managing director/CEO
The telco said it would announce a new MD/CEO for its Nigerian division soon.
Telecommunications giant and mobile money services provider,
Airtel Africa Plc, Thursday, announced the appointment of Olusegun Ogunsanya, who heads its Nigerian unit, as its new managing director and CEO to replace Raghunath Mandava, who has informed the board of his decision to retire.
“Segun Ogunsanya will join the board of Airtel Africa Plc with effect from 1 October 2021,” the telco said in a note to the Nigerian Exchange Limited seen by PREMIUM TIMES.
An electronics engineer as well as a chartered accountant, Mr Ogunsanya has since 2012 been the managing director and chief executive of Airtel’s Nigerian operations, its biggest market of the 14 countries on the continent where the company has presence.
Ecobank Group Declares Superlative Q1 Result As PBT Up 22% to N40 3 billion
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Ecobank Cameroon provides digital electricity bill payment solutions for Eneo customers Tuesday, 27 April 2021 10:23
( ECOBANK CAMEROON) - Ecobank Cameroon, a member of the leading pan-African banking group, the Ecobank Group, is enabling its digital platforms for payment of Eneo electricity Bills. Ecobank’s digital platform channels, Ecobank Mobile App, Omni Lite, Omni Plus and Xpress Points will provide convenience for Eneo customers enabling them to pay their electricity bills from the comfort of their homes or offices.
Gwendoline Abunaw, Managing Director, Ecobank Cameroon, said: “
Ecobank Cameroon is a key partner of Eneo and has positioned its digital payments platforms as a fast and secure way for customers to pay their electricity bills. This is yet another example of our rich digital ecosystem offering individuals, businesses and the unbanked fast and secure platforms, in this case enabling convenient electricity bill payments.”
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