Tuesday, 30th November 2021
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Ecobank

11 Jun 2019
Following the successful $500 million Eurobond issuance, Ecobank Transnational Incorporated (ETI) was hosted by the London Stock Exchange...
4 Jun 2019
A Federal High Court, Lagos has held that Honeywell Flour Mills Plc and its sister companies; Anchorage Leisures Limited and Siloam Global Limited are no longer indebted to Ecobank Nigeria Limited.   Justice Ayokunle Faji made the declaration while delivering judgement in a suit filed by Honeywell Group against Ecobank Limited.   Following a dispute…
1 Jun 2019
The Honeywell Group yesterday emerged victorious in its protracted legal dispute against Ecobank with the judgement delivered by the Federal High Court, Lagos in which the court held that Honeywell’s payment of N3.5 Billion between 2013 and 2014 constitutes the full and final settlement of its indebtedness to Ecobank Nigeria Limited. According to the judgement…
28 May 2019
President Muhammadu Buhari has attributed the current poverty and insecurity being experienced across the country to decades of neglect and resource mismanagement by past administrations. The president stated this when he received the board of Ecobank Transnational Incorporated, led by the Group Chairman, Mr Emmanuel Ikazoboh at the Presidential Villa, Abuja, on Tuesday. He further…
27 May 2019
Effective funding opimisation and drive for efficiency have enhanced profit goals of 14 listed banks, as they achieved cumulative profit of N256.088 billion...
23 May 2019
Sustained bargain-hunting extended the bullish run into the fifth consecutive trading day, causing market capitalisation to rise significantly by N408 billion.     Yesterday, the All-Share Index (ASI) gained 927.01 absolute points, representing a growth of 3.07 per cent to close at 31,145.15 points. Similarly, the market capitalisation gained N408 billion to close at N13.718 trillion.…
15 May 2019
At least three state governments and six financial institutions have enlisted into the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) rating programme. The exercise, which is to stimulate the flow of finance and investment into the agribusiness sector, seeks to assess the performance of key stakeholders such as financial institutions and state governments…
10 May 2019
PricePointe Wholesale Club has commenced operations in Nigeria, with the launch of its ultra-modern warehouse in Lagos. The 8000 square meters indoor warehouse is the first of six locations it plans to set up to help its members get products at manufacturers’ prices, while cutting out traditional middlemen in the process. The new entrant, modelled…
15 Apr 2019
Banking industry’s profit has become a manifest of tale of mixed fortunes. While the nation’s Deposit Money Banks regale with huge numbers...
14 Mar 2019
The Chartered Institute of Bankers of Nigeria (CIBN), said it plans to collaborate Ecobank Nigeria, in the drive for financial inclusion and capacity building.
21 Feb 2019
To deepen financial inclusion, Ecobank Nigeria, has launched the EcobankPay zone, to boost the $4 billion-worth annual business at the Alaba International Market.
21 Jan 2019
The bank also noted that collaborative efforts would be needed to achieve this, pointing out that banking industry has had a fair share of the challenges of parlous infrastructure on its operations, as well as the ability of small businesses in the country to pay their loans.

Latest

6 mins ago
In its quest to contribute to economic development in society, Prime Business Africa (PBA), an independent multimedia organisation, is set to organize the fifth edition of its monthly webinar on Tuesday...
2 hours ago
By Murielle E. Addis Ababa (Ethiopia), 29th November 2021 -/African Media Agency (AMA)/-I am Murielle. Former beauty queen. Executive. Mother of three. If there is one thing that characterises me at first sight, it is elegance. I’m always dressed to the nines, perched on high heels. I am the kind of woman you meet in…
1 day ago
Lionel Messi has won a record seventh Ballon d'Or, beating Robert Lewandowski and Jorginho to the title. The forward inspired Argentina to their first Copa America title since 1993, ending his long wait for silverware at international level. He also lifted the Copa del Rey with Barcelona before joining Paris Saint-Germain last summer. Messi collected…
1 day ago
A team of policemen patrolling Maiduguri-Damaturu road, on Monday prevented the abduction of a soldier and 15 travellers by insurgents.
1 day ago
The Federal Government says it would make its final decision on the proposed new hazard allowance for health workers next week.