Law Opinion

Honeywell and the recent clearance of Kunle Ogunba by NBA

Ihesiulo Grace 7 March 2018 0

By Victor Akwue In 2016, Nigerians were treated to a funny but shocking drama when the appropriation bill, otherwise known as budget, was declared missing. It was a national embarrassment as the Presidency and National Assembly traded blames on what led to the opprobrium. A similar situation is

Money

Ecobank MD speaks on bank’s giant strifes

Ihesiulo Grace 26 February 2018 0

The Managing Director, Ecobank Nigeria, Charles Kie has reaffirmed that the transformation agenda of the bank to be one of top three banks in Nigeria within the next few years is on course. He reiterated that Ecobank is investing in human capital to remain profitable and competitive. Also the bank is also enhancing its capital, […]

News

Otudeko confirms #3.5bn final payment to Ecobank

Ihesiulo Grace 14 February 2018 0

A Federal High Court, Ikoyi, Lagos on Wednesday heard that the Honeywell Companies are no longer indebted to Ecobank Nigeria. The Chairman of Honeywell Group, Oba Otudeko, yesterday said Honeywell had paid a total of N3.5 billion to Ecobank as full and final settlement of all its financial obligations to the bank. Otudeko made this […]

Money

Ecobank increases customers’ card limits for international spending

Ihesiulo Grace 17 January 2018 0

Ecobank Nigeria has announced an increase in the maximum daily limit of their Naira Debit Cards abroad depending on the type of Card held by the customer. Customers with Naira Debit Cards can now pay up to $4,000.00 and $5,000.00 per day on Online Channels and POS terminals respectively across the world. Also Foreign Currency […]

News

Ecobank named Bank of the Year in 5 regions

Ihesiulo Grace 5 December 2017 0

Ecobank Group has won the “Bank of the Year” awards in five of its countries of operation, at The Banker Awards, which was held on 29th November at the Hilton London Bankside. Also, Cameroon, Guinea Conakry, Gambia, Togo and Uganda, were awardees too. This is the second consecutive year that The Banker honoured Ecobank Guinea […]

News Nigeria

Mortgaged property: Court to rule on suit against bank, registrar of titles Dec. 14

Ihesiulo Grace 2 December 2017 0

Ruling on a suit filed by the Administrators of the Estate of the late Samuel Iyiola Omotoso against Ecobank Nigeria Plc and Registrar of Titles, Lagos State over the landed property situate at 5, Oduduwa Street, GRA Ikeja, Lagos has been fixed by a Lagos High Court, Ikeja. Justice Beatrice Oke- Lawal, fixed December 14, […]

Business

ETI: Nedbank Africa’s growth strategy lifewire – Brown

Ihesiulo Grace 2 March 2017 0

Nedbank, a subsidiary of Anglo-South African conglomerate, Old Mutual, has said that Ecobank Transnational Incorporation (ETI) remains vital to its expansion across Africa and holds key for its future African growth prospects. The future growth prospects and opportunities across Africa, Nedbank revealed recently that it holds in high esteem irrespective of booking a $293

Business Money

Ecobank, NIBSS enhance mobile payment with new solution mCash

Ihesiulo Grace 29 November 2016 0

Ecobank has joined a collaboration between the Nigeria Interbank Settlement Scheme, NIBSS and the four major telecommunications operators (Etisalat, MTN, Airtel and Globacom), to offer a new mobile money payment solution, mCash.   The new mobile payment solution enables easy payments using the mobile phone of account holders. It facilitates low value retail payment

Business Capital Market

Ecobank appoints Madibinet Cissé Company Secretary and Group Counsel

Ihesiulo Grace 22 November 2016 0

Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, has appointed Mr. Madibinet Cissé as Group Head, Legal and Company Secretary. Mr. Cissé, whose appointment takes effect on the 9th of January 2017, will report jointly to the Ecobank Group CEO and the ETI Board of Directors, in replacement of former Company Secretary and […]