Some nine banks are ready to provide QR Code services to shop owners and other merchants, following the launch of the electronic payment service on Wednesday. This means that people who want to be set up to use QR Code can approach those banks for assistance. The banks are Ecobank, GCB Bank, Consolidated Bank Ghana […]
Tag: ecobank
Exploring branchless, other digital forms of banking in a crisis
Digital banking We are certainly living in unprecedented times. An indicator, which calls for concern, is how the number of Coronavirus cases has increased from 2 to 81 in the span of some weeks in Nigeria and unfortunately, this continues to rise with each passing hour. Many countries are reaching a rather critical infection juncture […]
Authorities launch a fundraising campaign for citizens willing to help fight the coronavirus
(Togo First) – A fundraising campaign was just launched in Togo to help fight the spread of the coronavirus across the country. Actors of the private sector, professional organizations, and any member of the diaspora can contribute to this fund, called Fonds national citoyen (Citizen National Fund). The monies raised will be used to purchase […]
Prez. Weah May Testify over US$460K Payment to Controversial AFL’ Pension Funds
President George M. Weah The ongoing case fo the US$1.9 million that was said to have been withdrawn and used by former Defense Minister Brownie Samukai and two other co-defendants outside of the purpose for which the “Armed Forces of Liberia (AFL) Pension Account” was established, took a dramatic twist on Thursday, March 12, with […]
Ecobank to appeal tribunal judgment on disputed tax liability
Ecobank Nigeria has said it will appeal to the Federal High Court against the judgment of the Tax Appeal Tribunal (TAT), sitting in Lagos, in respect of a disputed tax liability between it and the FIRS for the 2015 financial year. The bank, in a statement issued on the tax matter, indicated that the legal […]
Mahama distributed tax waivers to ECOBANK, GHACEM, others without approval – Oppong Nkrumah
According to him, these companies from 2015 to date enjoy free access to the port without fulfilling any necessary tax obligations. “John Mahama, his Finance minister and then GIPC boss sat down in a room with a long list of people who they felt like issuing tax waivers to. they gave them free access to […]
Fintech Startups Can Now Apply For EcoBank’s Challenge
Posted Fri 21 Feb 2020 by Staff Writer (@techzim) Ecobank Group the pan-African banking group, is inviting African fintech entrepreneurs to enter the 3rd edition of the Ecobank Fintech Challenge. The Fintech Challenge gives African start-ups the opportunity to promote their fintech solutions, and potentially partner with Ecobank to roll-out their solutions across Ecobank’s 33 […]
Nigeria: Stock Market Sustains Gain On Bargain Hunting, NSE Demutualisation
The stock market appreciated for the second day as investors reacted positively to decision of members of the Nigerian Stock Exchange (NSE) to demutualise the exchange for better performance. Also some investors are embarking on bargain hunting as many stocks hit low levels last week. The NSE All-Share Index rose 0.6 per cent to close […]
ACI World ranks Kotoka International Airport as the most improved in Africa
– Ghana’s Kotoka International Airport has been given two awards by the Airport Council International (ACI) – KIA received Africa’s ‘Best Airport By Size and Region’ award for airports which can handle between 2 million and 5 million clients – Terminal 3 was also given the ‘Most Improved’ Airport award in the year under review […]
Survey shows banks’ fees on retail loans hit 7.75% aside from interest charge
A retail loan is a facility offered to an individual by a commercial bank, a credit union, or a financial institution to purchase assets like property, vehicles, consumer electronics, etc. The BoG survey showed that commercial banks charge five different fees on loans given to their retail customers. The survey which looked at all charges […]