Monday 20 April 2015

Ecobank proposes bonus issue after pretax profit rises 144 per cent

Pan-African banking group Ecobank said on Monday its 2014 pretax profit rose 144 percent year-on-year to N86.44 billion ($434 million).

Revenue also rose to N489.25 billion from N411.18 billion the previous year, the bank said in a statement, and also proposed a bonus issue of one for every five shares.

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Journalist Against Poverty Call for collaboration of regional government in the eradication of Female Genital Mutilation

Regional Coordinator of Journalist Against Poverty, Wale Elekolusi has called for the collaboration of regional government in stamping out ...