Ecobank News

Ecobank to support SMEs growth digitally

Nike Popoola The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has reaffirmed the bank’s commitment to use its wide and versatile digital capacity to transform the entire value chain for micro, small and medium enterprises in Nigeria.

Punch , Nigeria Jan 16, 2019

Patience Jonathan Tenders Video Evidence To Explain How She Got $8.4m And N7.4bn

N1.085billion and N226.3million discovered in Finchley’s Ecobank account, N39.4million also in Finchley’s Diamond Bank account, N55.9million discovered in Pagmat Oil and Gas Diamond Bank account are part of the funds handed over in the interim to EFCC.

Sahara Reporters , Nigeria Jan 15, 2019

Otudeko, Other Witnesses May Appear In Court On Monday Over N5.5bn Debt

Consequent upon the directive of Justice Ayotunde Faji of the Federal High Court, Lagos asking Ecobank Nigeria Limited to bring to court all his witnesses in its legal tussle with the Honeywell Group of Companies Limited over an alleged N5.5billion indebtedness, the chairman of the conglomerate, Oba Otudeko may appear in court on January 14 to give evidence in the suit.

Sahara Reporters , Nigeria Jan 13, 2019

Stakeholder denies that Togo's Ecobank faces Nigerian investigation

People walk at the entrance of Ecobank building in Abidjan, Ivory Coast June 4, 2018.

Reuters , Africa Jan 11, 2019

EcobankPay enables seamless transaction across three payment platforms

Ecobank Nigeria Limited has stated that EcobankPay, a special merchant QR Code product of the Pan African Bank, has continued to enable customers make seamless payment for goods and services across the three major payment platforms without the use of plastic cards.

Vanguard News , Nigeria Jan 9, 2019

Mystery Ifmis account used to steal nurses cash

The union, in a suit filed in court, says the account fraudulently created by officials of three county governments, is being used to divert the monthly deductions with remittances from at least 16 counties so far having been diverted to the bank account domiciled at Ecobank.

Daily Nation , Kenya Jan 4, 2019

Mystery Ifmis account used to steal nurses cash

The union, in a suit filed in court, says the account fraudulently created by officials of three county governments, is being used to divert the monthly deductions with remittances from at least 16 counties so far having been diverted to the bank account domiciled at Ecobank.

Business Daily Africa , Kenya Jan 4, 2019

2019 OUTLOOK: Financial analysts outline 7 factors that will shape banking industry

Similarly, measures introduced by Emefiele’s predecessor, Mallam Lamido Sanusi, led to nationalisation of some banks and acquisitions of former Intercontinental Bank and former Oceanic Bank by Access Bank and Ecobank respectively, leading to further reduction in number of banks.

Vanguard News , Nigeria Jan 3, 2019

Tough year for Tanzania businesses

Some banks reduced their workforce; Access Bank from 776 in June 2017 to 634 employees in June 2018, while Ecobank reduced their branches from eight last year to seven and retained 128 employees down from 185 employees in 2017.

The East African , Kenya Dec 31, 2018

Banks frustrating growth of e-payments, say customers | The Guardian Nigeria Newspaper - Nigeria and World News

Mr. Chris, a businessman, said his challenge was that he was debited while purchasing airtime from Ecobank, which has been a repeated occurrence.

The Guardian , Nigeria Dec 30, 2018