ZIMBABWE’S banking sector is skating on thin ice due to a illiquidity crunch that has drastically reduced the financial institutions’ capacity to lend following the reintroduction of a local currency, a report has revealed. According to the report by brokerage research firm IH securities titled, The Zimbabwe Banking sector: Navigating a challenging monetary space, released […]
Tag: ecobank
Ecobank Nigeria Removes 2m Plastic Bottles From Lagos Streets
As part of measures to reduce pollution of the environment, Ecobank Nigeria said it has successfully removed over two million plastic bottles in exchange for cash from the street of Lagos. The campaign which started in May targets to remove at least 4 million bottles from the environment being part of the bank’s environmental sustainability […]
Security guard who returned N3.6m found inside banking hall receives award
– A security outfit in Lagos recently honoured one of its staff members for his honesty – The man, identified as William Okogbue, was rewarded for returning a bag containing N3.6m in dollars – Okugbue, who was on duty at an Ecobank branch in Abuja, found a bag in the banking hall and discovered $10,000 […]
Security guard returns lost N3.6m to bank customer
The security guard returned the money after a customer forgot it. William Okogbue says his values helped him fight off the temptation to keep the money [TheCable] William Okogbue, a security guard, has been rewarded by his company, Hogan Guards Limited, for returning the sum of $10,000 (N3.6 million) lost by an Ecobank customer. While […]
Currency changes choke banks
ZIMBABWE’S banking sector is skating on thin ice due to a illiquidity crunch that has drastically reduced the financial institutions’ capacity to lend following the reintroduction of a local currency, a report has revealed. According to the report by brokerage research firm IH securities titled, The Zimbabwe Banking sector: Navigating a challenging monetary space, released […]
Ecobank names new Group consumer banking head
Naana Araba Abban (L) at a recent function Ecobank Transnational Incorporated, (ETI), the parent company of the Ecobank Group that has an affiliate in Uganda and several other African countries, has announced appointment of Nana Araba Abban as Group Consumer Banking Head with immediate effect. Nana will be a member of the Group Executive Committee […]
Ecobank appoints Nana Araba Abban as head of Group Consumer Banking
Ecobank Transnational Incorporated (ETI), the Lomé-based parent company of the Ecobank Group, has announced appointment of Nana Araba Abban as Group Consumer Banking Head with immediate effect. Nana will be a member of the Group Executive Committee and report directly to the Group Chief Executive Officer. Nana Araba Abban is a Chartered Accountant (FCCA) with […]
N25bN debt: Court restrains firm from tampering with oil products
By Henry Ojelu LAGOS— A Federal High Court in Lagos has restrained an oil and gas company, Rahamaniyya, from tampering with petroleum products in its Tank Farms following a debt recovery suit instituted against it by Ecobank Nigeria Limited. Justice Chuka Austine Obiozor granted the restraining order while ruling on an application brought by Ecobank […]
Ecobank canvasses standards, good governance to drive intra-Africa trade
Ecobank The Group Chairman, Ecobank Transnational Inc., Emmanuel Ikazoboh, has urged Nigerians to ensure their products meet global standards. He explained that good products and services that meet international standards coupled with good corporate governance and trust are major factors that drive smooth intra-Africa trade. He said businesses in Africa would grow only if there […]
Ecobank Engages a New Set Of Graduates In Training
In keeping with its talent development strategy, a new set of Graduate Trainees have commenced their entry level development programme at the state of the art Ecobank Nigeria Academy in Lagos. The training programme which was launched in July this year is an intensive 8-week medley of learning interventions for fresh graduates. The first set […]