Ecobank topped the Lagos stock market by turnover, in H1 2019

Banking
Wednesday, 02 October 2019 11:48
Ecobank topped the Lagos stock market by turnover, in H1 2019

(Togo First) - Lomé-based Ecobank Transnational Incorporated (ETI) was the first bank listed on the Lagos stock exchange by turnover in the first half of 2019. 

According to Ecofin Agency which relayed the information, ETI declared a gross income of N405.2 billion (XOF673.67 billion) for the period. The group thus outstripped Zenith Bank (N331.5 billion) and Access Bank (N35.5 billion). 

ETI's performance is attributed to its presence in multiple African economies (36 exactly) whereas its rivals mostly operate in Nigeria.

Ayi Renaud Dossavi

togofirst mobile

 
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