Browsing: Ecobank

The market value of Ecobank Transnational Inc. Plc. (ETI) fell by about 10% to N397 billion on Friday due to large volume selloffs on the floor of the Nigerian Exchange. In the first three months of 2024, earnings results revealed that the Pan African lenders earned $0.28 per share outstanding, as opposed to $0.26 on shares deployed for operation in the corresponding period in 2023.

It has been a dirty week as bears go on the rampage in the equities market amidst a surge in the consumer price index, benchmark interest rate and mild economic growth data.  Key performance indicators tumbled by 0.52% as the Nigerian Exchange (NGX) recorded another downturn on Friday.

Ecobank Transnational Incorporation (ETI) Plc profit surged by 249% year on year in the first quarter of 2024, details from its latest unaudited financial state