Mr Assah, who comes from the Central African Economic and Monetary Community region, is a national of Congo Brazzaville. Pan-African banking conglomerate, Ecobank Transnational Incorporated, has announced the appointment of an independent of non-executive director, Hervé S. Assah. Mr Assah, who comes from the Central African Economic and Monetary Community region, is a national of […]
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Final forfeiture of Patience Jonathan’s $5.8m, N2.4bn for hearing April 13
By Robert Egbe A Federal High Court in Lagos has fixed April 13 to hear an application seeking forfeiture of the $5,781,173.55 and the N2.4billion said to have been illegally acquired by former First Lady, Dame Patience Jonathan. Justice Chuka Obiozor fixed the date after hearing counsel to the parties in the suit. The application […]
Frances Adu-Mante appointed Board Chair of Absa Bank Ghana Limited
Absa Group is pleased to announce the appointment of Mrs Frances Adu –Mante as Board Chair of Absa Bank Ghana after securing the necessary regulatory approvals. Mrs Adu-Mante, who has served on the Board since September, 2017 succeeds Mr. Charles Alexander Cofie, who completed his tenure as Board Chairman on Thursday, 31 December 2020. “I […]
Court Hears Final Forfeiture of Patience Jonathan’s $5.8m, N2.4bn on April 13
Justice Chuka Obiozor of the Federal High Court in Lagos yesterday fixed April 13, for the hearing of final forfeiture of the sum of $5,781,173.55 and the N2.4 billion, said to have been illegally acquired by the former First Lady, Mrs. Patience Jonathan. Justice Obiozor fixed the date, after counsel to the parties appeared before […]
Ecobank Nigeria Introduces Money Transfer Via SMS, WhatsApp
Proshare Nigeria Pvt. Ltd. Ecobank Nigeria says its customers are now able to transfer funds by email, SMS and Whatsapp – new features available on the Bank’s Mobile App. Speaking, Olukorede Demola-Adenyi, Head, Consumer Banking Ecobank Nigeria said that this is part of the bank’s innovation in digital banking, enabling customers perform their transactions conveniently. […]
Today in History: Government to create 100,000 jobs in March
President of Ghana, Nana Addo Dankwa Akufo-Addo Today marks exactly three years when President Akufo-Addo noted that his government will create 100,000 jobs for the youth under the Nation Builders Corps (NaBCo) initiative. He noted that those who will be enrolled onto NaBCo will be working at the revenue collection department of the Ghana Revenue […]
Ecobank taps solar power to cut costs
Humphrey Muturi, the executive director and head of commercial banking in Kenya and East African Community at Ecobank. FILE PHOTO | NMG Ecobank has shifted to solar power in a move to reduce operation costs and ensure reliable power supply. The pan African bank has signed an agreement with solar energy company Distributed Power Africa […]
Ecobank Group’s total assets rise to N10.2tr
Our Reporter ECOBANK Transnational Incorporated (Ecobank Group) Plc witnessed improvements in its balance sheet in 2020 as increased market share and expanded funding lifted total balance sheet size to N10.27 trillion. Unaudited report and accounts of Ecobank Group for the year ended December 31, 2020 released at the weekend showed that total assets rose from […]
Frances Adu-Mante appointed Board Chair of Absa Bank Ghana
The Absa Group has announced the appointment of Frances Adu–Mante as Board Chair of Absa Bank Ghana after securing the necessary regulatory approvals. Mrs Adu-Mante, who has served on the Board since September 2017 succeeds Charles Alexander Cofie, who completed his tenure as Board Chairman on Thursday, 31 December 2020. “I am delighted to confirm […]
NDIC to appeal IST judgment on all states Trust Bank
Nigeria Deposit Insurance Corporation (NDIC) has expressed intention to appeal against a ruling of Investment and Securities Tribunal (IST) asking it to pay Winners Medical Diagnostic & Research Institute Ltd the sum of 5,000,000. 00 at two per cent interest above the CBN MRR from March 2006 when NDIC took over All States Trust Bank […]