A Nigerian man, Ali Fagba, has accused Ecobank of illegal monthly deductions from his bank account. Speaking to SaharaReporters, Fagba claimed he realised about N12,000 disappeared in his account in July but he was told it was deducted because he was owing an online company. He said he decided to write the company but got […]
The Managing Director of Ecobank Development Corporation Investments Ltd (EDC), Paul Kofi Mante has said many people retire without plans to maintain cash flow in their lives. In expressing his worry, he said, “A lot of people retire and are rich in assets, but poor in cash flow. This means they may have a big […]
Ecobank Nigeria has said that 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 […]
Data from the financial statements of about 60% of banks in the country for the first half of the year 2021, shows promising increases in profits for some and some slowdown in profit growth for others. This can be gleaned from the Summary Statements of Comprehensive Incomes of 13 of Ghana’s top banks covering January […]
Ecobank Transnational Incorporated recorded a 33.04 per cent rise in its profit before tax for 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 said […]
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 […]
Managing-Director-of-Ecobank-Nigeria-Mr.-Patrick-Akinwuntan- Ecobank Nigeria has assured customers that the bank has put in place every arrangement for the implementation of the foreign exchange (fx) policy issued by the Central Bank of Nigeria (CBN). The bank in an email to its customers indicated that all its branches had been put on notice to ensure smooth FX sales […]
Ecobank and its MD, Akinwuntan 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 gaps across employment and entrepreneurship in the Nigerian private sector. The program is the first multi-stakeholder country project focused on ensuring equality […]
The Management of the Social Security and National Insurance Trust (SSNIT) has explained that it has recovered US$4.15 million out of US$11,794,109 lost through the liquidation of three companies, as cited in the 2020 Auditor-General’s Report. This was contained in a press release, dated August, 13, from SSNIT in reaction to the 2020 Auditor General’s […]
Ecobank Group has launched the 4th edition of the Ecobank Fintech Challenge and is inviting African Fintech entrepreneurs to apply. Start-ups can potentially partner with Ecobank to scale their solutions across Ecobank’s 33 African markets as well as its international operations in France by participating in the Challenge. Applications have opened for entries from all […]
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