Ecobank Transnational Incorporated’s stock slipped to N36.00 at the close of last week’s trading on the Nigerian Exchange, dragging its market capitalisation down to N660.58 billion, even as investment firms maintained bullish calls on the Pan-African lender. The decline comes despite a 30.54 per cent year-to-date gain, with the stock struggling to break past its […]
BY TEMITOPE ADEBAYO With the global art market projected to generate over $62 billion in revenue, EcoBank Nigeria has emphasised the need to position Nigerian creatives to benefit not just financially but also as cultural ambassadors. Speaking at the commencement of the second edition of the +234 Art Fair, curated by Soto Gallery in partnership […]
Ecobank Transnational Incorporated (ETI) has appointed Ghanaian career banker, Mrs Josephine Anan-Ankomah as the Regional Executive, Central, Eastern and Southern African (CESA) and Managing Director, Ecobank Kenya. Her appointment has since received clearance from the Central Bank of Kenya, a statement by the Ecobank Kenya said on Monday. Anan-Ankomah leaves her role as Ecobank Group […]
The Board of Ecobank Nigeria has announced the appointment of Carol Oyedeji as a Deputy Managing Director. The appointment of Mrs. Oyedeji has since been approved by the Central Bank of Nigeria (CBN). She joined Ecobank Nigeria in 2017 as Executive Director, Consumer Banking and subsequently oversaw the Commercial Banking Business. Carol Oyedeji is a […]
Ecobank Nigeria has restated its commitment to the Agricultural sector and is supporting over 70,000 farmers with special loans to increase their capacity and yields during this planting season. This is one of the bank’s initiatives to promote entrepreneurship in the sector and is in support of the Central Bank of Nigeria’s Anchor Borrowers programmes […]
Ecobank Nigeria says its agency banking scheme, also known as Xpress Points, is building entrepreneurs and pushing financial inclusion to the large unbanked and under-banked population in Nigeria. READ ALSO: COVID-19: Police vows to arrest, prosecute violators in Enugu The lender says its Xpress Points enables eligible Agents to carry out financial transactions on behalf […]
Outsourced staff (drivers) of Ecobank on Tuesday, asked the Nigeria Labour Congress, (NLC) to compel the bank to pay $100 billion or its naira equivalent as compensation to workers whose rights have been violated by the financial institution. Addressing journalists in Benin City on behalf of the aggrieved staff over what he tagged: “Discrimination in […]
No fewer than 57 trainees, who represent batch seven sets of graduates being absorbed into Ecobank Nigeria as full-time employees were last week hosted to a virtual graduation ceremony by the Ecobank Academy – the first of its kind by the bank in Nigeria as it positions itself as a high-quality employer ready for the […]
Ecobank Transnational Incorporated (ETI) Plc has recorded Profit before Tax (PBT) of $90 million in the first quarter of 2020, down 12 per cent on a reported basis, but up 27per cent in constant currency, driven by positive operating leverage. Also, customer deposits were up by six per cent to $16,103 million as at May […]
Ecobank group says it has contributed about US$3 million to the fight against Coronavirus pandemic across its footprint in Africa. This, the bank says, is in line with its commitment to the continent, as various contributions were made to support the efforts of governments, the World Health Organization as well as the private sector in […]
Leading financial institution, Ecobank Nigeria is teaming up with Africa’s foremost media entrepreneur and blogger, Linda Ikeji to host the latest edition of her popular empowerment programme, ‘Selfmade Woman Conference’. Linda Ikeji started Selfmade Woman Conference in 2013 as an advocacy project with the sole aim to mentor and provide financial empowerment to young female […]
Leading financial institution, ECOBANK Nigeria is teaming up with Africa’s foremost media entrepreneur and blogger, Linda Ikeji to host the latest edition of her popular empowerment programme, ‘Selfmade Woman Conference’. Linda Ikeji started Selfmade Woman Conference in 2013 as an advocacy project with the sole aim to mentor and provide financial empowerment to young female […]
LOME – Ecobank Transnational Incorporated ( ETI) has o announce that it has become an official Signatory to the UN Principles for Responsible Banking: a single framework for a sustainable banking industry developed through an innovative partnership between banks worldwide and United Nations Environment Programme’s Finance Initiative. The six Principles for Responsible Banking align the […]
Airtel Africa on Tuesday announced a partnership deal with Ecobank Group to expand its mobile money financial services to more customers in Africa. Airtel operates in at least 14 countries in Africa, while Ecobank has a presence in 33 countries in the continent. In a regulatory announcement filed with the Nigerian Stock Exchange, Airtel Africa […]
Temitope Adebayo Ecobank Nigeria has recorded a cumulative transaction value of over N1 billion through its EcobankPay. EcobankPay, which is the lifestyle digital payments and collections service, according to the lender offers customers a multi-channel payment experience including Mobile QR Payment at merchant stores (mCash, Masterpass and mVisa), Merchant QR is set up via Facebook […]
Temitope Adebayo As part of efforts in deepening financial inclusion, Ecobank Nigeria has launched an Ecobankpay zone at the Amu market at Mushin in Lagos. The Managing Director, Ecobank Nigeria, Patrick Akinwuntan who launched the digital payment zone explained that the EcobankPay zones in various market clusters across the country are to facilitate easy, secure […]
Ladesope Ladelokun The Managing Director of Ecobank Nigeria, Patrick Akinwuntan, has reaffirmed that the bank’s recently upgraded online banking platform for businesses, Omni Lite, is versatile, secure and user-friendly. He urged business owners to take advantage of the services available on the platform which has been specifically optimised for them. Those in the commercial sector […]
Ecobank Nigeria has called on Nigerian students to start engaging in saving as a starting point to imbibing a profitable financial culture. Ecobank Managing Director, Patrick Akinwuntan made this proposition during an interactive session with students at the Edgerly Memorial Girls Secondary School, Calabar as part of this year’s World Savings Day recently. The bank […]
Staff, customers and other visitors at the Ecobank Head Office at Kofo Abayomi Street, Victoria Island narrowly escaped death Tuesday morning after a 33,000 litres tanker laden with diesel (AGO) cut fire. It was gathered that the tanker which was trans-loading its content cut fire around the Generator house within the Bank’s premises. Although emergency […]
Ecobank has won two major awards at the African Banker’s prestigious ceremony held at the Paradise Hotel in Busan, South Korea, according to a press release distributed on behalf of the bank by African Press Organisation (APO). According to the release, the bank was named Best Retail Bank in Africa after impressing judges with the […]