The Chartered Institute of Bankers, Ghana (CIB Ghana) has conferred fellowship honours on 18 heads of financial institutions and individuals for their immense contribution towards the progress of their institutions and the Institute. The honours would enable the fellows to use the title ‘Fellow of Chartered Institute of Bankers" (FCIB), against their names. They included; […]
(Togo First) – Ecobank announced it will launch a program to finance and support female African entrepreneurs. The program baptized Ellever mainly aims to help the businesswomen, in all 33 countries where the Lomé-based group is present, boost their turnover through financial solutions and added-value services. Ellever will also allow its beneficiaries to “secure loans […]
Proshare Nigeria Pvt. Ltd. Ecobank Nigeria has concluded plans to step up awareness on non-communicable diseases particularly diabetes to commemorate this year Ecobank Day. Ecobank Day is a special day set aside every year by Ecobank Group, for management and staff of the bank to embark on Corporate Social Responsibility (CSR) activities that impact its […]
Mobile money could extend financial services to about 23% of Nigeria’s overall population of more than 200 million people. This is according to Gail Warrander, Economic Development Team Leader, Foreign Commonwealth and Development Office (FCDO) Nigeria. Gail disclosed this at the Economic Intelligence Unit webinar hosted today to discuss research conducted on the theme: “Fintech […]
East African Cables Plc has issued a profit warning for the year ending December 31, 2020. This means that the company expects its earnings to drop by at least 25 per cent compared to last year. The cable manufacturer says the expected slump in profitability is primarily due to a one-off write back that was […]
Managing-Director-of-Ecobank-Nigeria-Mr.-Patrick-Akinwuntan- The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has advocated a closer collaboration between banks, Telcos, Fintechs and industry regulators to enhance savings and lending in the financial landscape. This development according to him will generate activities in the economy and expand wealth creation. Akinwuntan who was speaking at the ‘Fintech in Nigeria: State of […]
Ecobank Nigeria has been named the Best Retail Bank in Nigeria by Asian Banker. This was announced at its Middle East and Africa Regional 2020 Awards virtual ceremony on Thursday. The event attracted thought leaders and decision makers across continents of the world. Emmanuel Daniel, Chairman, The Asian Banker, said the annual awards are designed […]
Bank of Uganda Bank of Uganda (BoU) has published interest rates and charges at different commercial banks in Uganda in a move “to promote transparency and enhance competition in the provision of banking services to the public.” The central bank advised customers who are being offered/charged differently from what is published to report the matter […]
(Business in Cameroon) – On November 16, 2020, the Cameroonian Public Treasury amortized XAF50 billion on the principal of its "ECMR 5.6% net 2018-2023" bond issuance during which it raised XAF200 billion. At the same time, it released XAF11.2 billion as the interest generated by this public offering, open from October 29 to November 9, […]
The new Managing Director of GCB Bank Ltd, Mr. Kofi Adomakoh has assumed his new post with the prospects of improving shareholder value and customer experience. A justice of the High Court, Justice Stephen Oppong, swore-in Mr. Adomakoh as the MD of Ghana’s largest bank at a ceremony at the bank’s head office in Accra. […]
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