Ecobank Nigeria has extended its innovative remittance services to its business account holders. This implies that Business Account holders can now receive funds sent through Ecobank Rapidtransfer or any of its Remittance franchise partners through the Business to Business (B2B), Business to Customer (B2C) and Customers to Business (C2B) transaction types directly into their business accounts. The bank is also Read More
Ecobank Nigeria has concluded arrangements to hold a consumer-focused and investment-oriented webinar titled “Today’s Opportunities for Your Money; Making the Best of the Moment”. The webinar, slated for May 6, 2022, by 11am is in commemoration of Workers’ day and it will feature a carefully selected panel of speakers; notably Jimi Ogbobine, Head of Agusto Consulting, business experts from the Read More
Ecobank Nigeria will host the maiden edition of its “Fintech Breakfast” series on Friday 22 April 2022. The hybrid event scheduled for 8:00am will have physical attendance at Ecobank Pan African Centre (EPAC) on Victoria Island, Lagos and streamed live on select social media platforms. The registration link to participate is https://cutt.ly/EcobankFintech Two major topics to be examined at the Read More
Ecobank Nigeria has entered into a partnership agreement with the Ogun State government to provide mortgage financing to interested civil servants who are allottees of the state’s housing scheme. Under the housing scheme, the Ogun State Government has developed an acquisition arrangement to build and allocate houses to senior civil servants, to be purchased through installment within a defined period Read More
Ecobank Nigeria has extended easy and low interest loans to market women in Idanre, Ondo State through its Ecobank Female Entrepreneurship Initiative (EFEI), to boost and expand their trading businesses. Unveiling the scheme at Owa’s Palace, Idanre, Head of Classic Banking, Ecobank Nigeria, Femi Ogundairo, said the Ecobank Female Entrepreneurs’ Initiative loan was specially designed by the bank to financially Read More
Fitch Ratings has affirmed Ecobank Nigeria Limited’s (ENG) Long-Term Issuer Default Rating (IDR) at ‘B-‘with a Stable Outlook, and also upgraded the bank’s National Short-Term Rating to ‘F2(nga)’ from ‘F3(nga)’. According to Fitch, the IDRs of Ecobank Nigeria are driven by its standalone creditworthiness, as expressed by its Viability Rating (VR) of ‘b-‘, stating that the bank has a moderate Read More
KPMG, Nigeria’s Leading audit and professional services company, has ranked Ecobank Nigeria among the top five leading banks in Wholesale (Corporate) Banking in the KPMG Customers’ Experience and Satisfaction Survey. Ecobank moved eight places higher than its 2020 classification, and ranked number five in the 2021 survey of Nigerian banks. The top banks in order of rating include Citibank, Standard Read More
As part of its youth development initiative, Ecobank Nigeria in partnership with Learntor, a comprehensive Agile Digital Transformational training and consultancy company has provided intensive Digital Technology training for selected youths across the country. The training focused on developing the capacity of the youths in Agile, Scrum, Data Analytics, Business Analysis, Cyber Security, and Scrum Master Certification. Speaking during a Read More
All is now set for the various activities to mark this year’s Ecobank Day across 33 African countries where it operates. The Ecobank Day is a flagship annual event, when staff of the pan African bank show commitment and give back to local communities where the bank has operations. This year’s event scheduled for Saturday 23 October will focus on Read More
The Witness, a credible Nigerian newspaper in digital and print formats, is set to launch a non-governmental organization, ‘The Witness Newspaper Foundation’, in commemoration of its fourth year anniversary. The event is billed to hold on Sunday, October 24th, 2021, at the prestigious Lagos Continental Hotel (formerly Intercontinental Hotel), Victoria Island, Lagos. A statement on Monday by the managing director of the newspaper, Read More
Due to popular customers demand, Ecobank Nigeria has flagged off Season Two of its Super Reward programme. Korede Demola-Adeniyi, Head, Consumer Banking, Ecobank Nigeria, who announced the commencement of the Season Two campaign in Lagos, said the bank was impressed with the excitement generated in Season One, stressing that the Season Two is an opportunity for more customers to be Read More
Bold and passionate entrepreneurs will on Sunday, October 10th, 2021, get the chance to pitch businesses and ideas in a new reality TV show, Lions’ Den produced by Ultima Shows with support from Ecobank. The reality show airs every Sunday at 7pm on AfricaMagic Family, Channels 154 on DSTV and GOTV Channel 2; with repeat broadcasts on Wednesdays at 3pm Read More
The Board of Directors of Ecobank Nigeria has announced the appointment of three non-executive directors: . Mrs. Bola Adesola, Mrs. Titilayo Olujobi and Mrs. Bimbola Wright. According to the Board, the new Directors have distinguished themselves in their various careers bringing with them a wealth of experience in the financial services industry, their professionalism and integrity, that has earned them Read More
The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has described the federal government’s plan for a Eurobond issuance in the International Capital Market (ICM) as a step in the right direction, stressing that the fundamentals and potentials of the nation’s economy are strong with capacity to meet its debt obligations. Akinwuntan, who was assessing the global market as Nigeria makes its Read More
Ecobank Nigeria has announced special loan packages for parents and guardians to enable them pay school fees for their children and wards ahead of resumption for the 2021/2022 school year. Also, the bank is making special infrastructure loans available to educational institutions. This, according to the bank, will equip them adequately for the new session. Announcing the various ‘back to Read More
Ecobank is hoping to see growth in businesses operated by its customers as well as enhance savings culture through its Super Reward Scheme. Managing Director/Regional Executive of the bank Patrick Akinwuntan further anticipates that the Scheme will deepen savings amongst Nigerians. Speaking at the presentation of Super Reward grand prize of N1 million cheque to each of the four winners, Read More
Managing Director, Ecobank Nigeria, Patrick Akinwuntan, has advocated a synergy between financial institutions and private investors to address infrastructure deficit in the country. Akinwuntan in a presentation titled ‘Transportation Infrastructure Development Financing In Nigeria’ delivered at the Nigerian Institute For Transport Technology (NITT) 2021 Transport Technology Conference in Abuja, noted that given the bulk of activities across the infrastructure project Read More
Ecobank Nigeria says it is creating a special platform to celebrate Nigerian youths as part of activities to commemorate International Youth Day which holds annually on 12th August. Head, Direct Banking, Adetola Oshomah said the bank, as part of its Mobile Xpress (MX) Online Series, will host a symposium with the theme: “Finding your Voice”, a Career, Creativity, and Skills Read More
Ecobank Nigeria has entered into partnership with the International Finance Corporation (IFC) and The Nigerian Exchange Limited (NGX) on the ‘The Nigeria2Equal gender program’ targeted at reducing gender aps across employment and entrepreneurship in the Nigerian private sector. The program is the first multi-stakeholder country project focused on ensuring equality within Nigerian companies. It is organized in three components i.e. Read More
Customer deposit of Ecobank Transnational Incorporated (ETI) has hit N7.86% as its post-tax profit recorded a 33.04 per cent rise in the first half of the year ended June 30, 2021. In its unaudited financial statement for the first half of the year 2021, Ecobank said its operating income improved by 15.35 per cent year-on-year from June 30, 2020. It Read More
The leading pan-African banking group, Ecobank group, in partnership with Microsoft, LinkedIn, GitHub and Ecobank Academy is set to provide training to equip Small and Medium-sized Enterprises (SMEs) across sub-Saharan Africa. This training will provide SMEs digital skills and knowledge to succeed in today’s digital world. The Group Executive, Commercial Banking for the Ecobank Group, Josephine Anan-Ankomah. said: “The COVID-19 Read More
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