Big Business

Guaranty Trust Bank announces date for AGM
Big Business

Guaranty Trust Bank announces date for AGM

Nigeria’s Guaranty Trust Bank Plc has announced a date for its annual general meeting. The bank said in a statement that: Pursuant to the post-listing requirements of the Nigerian Stock Exchange for quoted companies, Guaranty Trust Bank plc hereby informs you that the Board of Directors of our Bank is […]

MTN Nigeria IPO could happen early this year
Big Business

MTN Nigeria IPO could happen early this year

There are indications that Nigeria’s largest mobile carrier, MTN could be ready for its initial public offering. The chief executive officer of the Financial Derivatives Company Limited, Mr. Bismarck Rewane said the coast is now clear for the IPO. MTN Nigeria is expected to raise about $500 million from the […]

Ecobank denies overstating its balance sheet
Big Business

Ecobank denies overstating its balance sheet

Ecobank Transnational Corporation has denied allegations that it overstated its balance sheet and income statements emanating from incorrect exchange rates. In a tersed statement, the group said: The attention of the ETI Group has been drawn to recent publications in some online media alleging overstatement of ETI’s balance sheet and […]