Proshare Nigeria Pvt. Ltd. Ecobank Nigeria has emerged the winner of "Agric Lender of the Year" award at the prestigious Business Day’s Bank and other Financial Institutions Awards (BAFI). The bank was winner among other strong contenders to clinch the coveted award over the weekend. According to Publisher of Business Day Newspapers, organisers of the […]
By Emma Okonji Accounting professionals in Nigeria have been advised to take precautions while operating in the cyberspace in order to avoid transacting with online fraudsters or from divulging sensitive information to hackers who are in search of vulnerable networks to hack into and steal valuable data. The experts who spoke at a recent webinar, […]
By Chikodi Okereocha Pan-African banking group Ecobank Group has launched Ellevate, a programme for women-owned and women-focused businesses across 33 markets. The programme was designed to help women reach their full potential by empowering, growing and supporting them with customised financial and value-added solutions. Launching Ellevate at a webinar last week, Ecobank Group Executive, Commercial […]
Obinna Chima The African Export-Import Bank (Afreximbank) has accredited eight Nigerian banks to join its expanded trade finance intermediary initiative. In all, the bank increased the number of its Trade Finance Intermediaries (TFIs) to more than 65 in 30 African countries. The Nigerian banks listed were Access, FCMB, Fidelity, First Bank of Nigeria, Sterling, Union […]
The Court of Appeal in Lagos yesterday upturned the judgment of the Federal High Court which last year cleared Honeywell Group of owing Ecobank Nigeria PLC the sum of N3.5 billion. The appellate court in a judgment delivered in the protracted case, held that the case of Ecobank had merit and consequently ruled in its […]
Honeywell Group on Monday indicated that it will approach the Supreme Court to challenge the judgment of the Court of Appeal against it in a N3.5 billion debt controversy. The counsel to Honeywell Group, Mr Olabode Olanipekun (SAN), gave the indication shortly after the appellate court reversed a lower court’s decision in favour of Honeywell […]
Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the biggest growth opportunities in digital financial inclusion lies in the ability to combine the mobile phone, cards and agency banking services in the most cost-effective and convenient way to reach the citizenry on a sustainable basis. Akinwuntan, who made this submission at the Ecobank-Vanguard Digital Financial […]
PUBLIC Ecobank Group Reports Audited Results for the Nine Month Period Ended 30 September 2020 Tangible Book Value Per Share (TBVPS)1 of 4.98 US cents Diluted EPS of – 0.13 US cents and Normalised Diluted EPS of 0.53 US cents Operating income Profit before tax Annualised ROTE2 Tangible BVPS $1,214m $91m -3.5% 4.98 US cents […]
Lomé – Leading pan-African banking group, Ecobank, has won awards from EMEA Finance, The Banker and Global Finance. Ecobank’s awards in the EMEA Finance African Banking Awards 2020 includes the pan-African award for Financial Inclusion, and ‘Best Bank’ in Burkina Faso, Cabo Verde, Chad, Gabon, The Gambia, Guinea, Liberia and Mali. The Banker’s Bank of […]
(Togo First) – Ecobank-Togo was awarded the Banker’s Bank of the Year title for 2020. The awards ceremony was held online on December 2, 2020. The pan-African lender owes its achievement to multiple initiatives such as updating its main banking application, fighting Covid-19, canceling or reducing charges on some transfers, or the increase in limits […]
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