
Finance
Ecobank Grows Nine-Month Profit 12 Percent
Ecobank Group posted nine-month profit before tax of $737 million, up 12 percent, as net revenue climbed 12 percent to about $2.0 billion across its pan-African footprint.
Musa Abdullahi0 min read
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Ecobank Group posted nine-month profit before tax of $737 million, up 12 percent, as net revenue climbed 12 percent to about $2.0 billion across its pan-African footprint.
Ecobank Group's memorandum with China's CIPS aims to strengthen renminbi payment connectivity between China and Africa, though operational rollout details remain undisclosed.
Ecobank Nigeria has cut interest rates on its SuperSavers product effective October 16, with reductions of up to 3.18 percentage points across four deposit tiers after the CBN's MPR reset to 23%.