Ex-CEO of Cocobod, Dr Stephen Opuni Ex-CEO of Cocobod, Dr Stephen Opuni ’s salary while in office was “way above” the GHS25,000 deposited into his account by businessman Seidu Agongo, the investigator in the ongoing Opuni-Agongo trial, Detective Chief Inspector Thomas Prempeh Mercer, told the high court presided over by C.J. Honyenuga, a Justice of […]
Without the Public Investment Corporation’s support, a restructuring agreement with major lenders will fail, meaning that $51m of new money will not be injected into Smile, and the company will most likely face the prospect of liquidation. Smile Telecoms, an African telecommunications company, is facing liquidation after the Public Investment Corporation (PIC) pulled its funding […]
The Risk Management Association of Nigeria has urged risk management practitioners to adopt digital means to instantly assess their liquidity and other emerging risks within their banks to protect their banks assets. It said this on Monday in a statement titled ‘RIMAN harps on digitalisation in managing liquidity risks in banks’. The statement said this […]
Proshare Nigeria Pvt. Ltd. Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the introduction of the Nigeria Quick Response (NQR) code payment solution by the Nigeria Inter-Bank Settlement System (NIBSS) is strategic and timely as it will encourage contactless payments while also aligning to the Central Bank of Nigeria (CBN)’s goal to drive a cashless […]
Thomas Prempeh Mercer, Chief Inspector The trial investigator in the ongoing case against the former COCOBOD boss and two others has revealed in court that there is “evidence” that the controversial GH¢25,000 deposited into Dr Stephen Opuni ’s account by Seidu Agongo was Dr Opuni’s own money. Chief Inspector Thomas Prempeh Mercer made the above […]
Ecobank Nigeria has launched the Super Rewards Scheme, which gives 200 of its customers an opportunity to earn cash monthly, with four of them becoming millionaires at the end of the four-month campaign. Head, Consumer Banking, Ecobank Nigeria, Korede Demola-Adeniyi, who announced the campaign in Lagos , said the scheme was designed by Ecobank to […]
Nigeria Interbank Settlement System plc (NIBSS), in partnership with all Financial Service Providers, has launched a new Nigeria Quick Response (NQR) Payment Solution to make payment more convenient for all merchants, businesses and customers in the country. The launch was hosted by Frank Edoho and attended by Managing Directors of deposit mobile banks like Ecobank, […]
Ecobank Ghana Ecobank Ghana, in partnership with the Women’s Empowerment and Investment Group (WEIG), Annan Capital Partners and GUBA, with support from Ozé, last Friday disbursed GHS150,000 as a COVID-19 Stimulus package to 10 beneficiaries as part of an initiative to support women-led businesses in Ghana. This partnership forms part of the bank’s commitment to […]
The Management and staff of Ecobank Liberia Limited have held their second annual thanksgiving service, appreciating God for successful business operations for 2020. The event, which is the second in succession, is an occasion for offering thanksgiving to God for His guidance and protection of the bank over the past year, and to seek His […]
Ecobank Nigeria, a subsidiary of Ecobank Transnational Incorporated (ETI) Plc, has floated the first non-sovereign bond in Africa in the year with the launch of its $300 million bond. The fixed-rate, dollar-denominated bond, with a tenor of five years, carries a coupon rate of 7.125 per cent and will be listed on the London Stock […]
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