Ecobank

Alleged N13.5bn Debt: Ecobank Seeks Disapproval of Otudeko’s 4.8bn FBNH Shares As Stakeholders Kick

July 11, (THEWILL) - Four days after the acquisition of 4.8 billion shares of FBN Holdings (FBNH) Plc by Oba Otudeko Ecobank Nigeria has written FBNH, asking it not to recognise the new shares recently acquired by...

Awori, Ecobank Group’s New CEO, Assumes Office

Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has said that its new chief executive officer, Jeremy Awori, has assumed his role with effect from 1 March. The Group appointed Mr Awori in September 2022 upon the...

Cashless Policy: Ecobank Nigeria on Track to Meet Full-Year Targets

Amid renewed drive towards full cashless policy implementation across Nigeria, Ecobank Nigeria, the subsidiary of Ecobank Transnational Incorporated (ETI) has said it is on track to meet its full-year targets notwithstanding the increasingly complex operating environment. The Central Bank of...

Non-Reversal of Transactions Unsettles Ecobank Customers

December 08, (THEWILL) - In the past few days, Pan African Bank, Ecobank Nigeria, has recorded quite a number of complaints largely due to non-reversal of transactions which in most cases have been debited from the sender but did...

Ecobank Unveils ‘Adire Lagos’ Exhibition

June 06, (THEWILL) - Riding on the success of the just concluded Adire Market Week held in Abeokuta, Ogun State, which was proudly sponsored by Ecobank, the bank has decided to extend the promotion of culture and tradition to...

Ecobank Transnational Posts $92.1m PAT In Q1 2022

April 26, (THEWILL) - Pan-African bank, Ecobank Transnational Incorporated (ETI), has released its unaudited financial statement for Q1 2022, which revealed impressive performance in key financial fundamentals. According to a report published on its website, ETI’s profit after tax (PAT) rose...

UBA, Ecobank Among Topmost Investment Channels in Q3 2021

January 16, (THEWILL) - United Bank for Africa Plc (UBA) and Ecobank Nigeria Plc were among the topmost financial institutions through which foreign investments totaling $1.73 billion were channeled into the Nigerian economy in the third quarter of 2021...

Ecobank Appoints Jubril Lawal As New Managing Director 

December 06, (THEWILL) - Pan-African bank, Ecobank Group, has announced the appointment of Mr Jubril Mobolaji Lawal as Regional Executive and Managing Director designate of Ecobank Nigeria. The appointment, made ahead of the retirement in January 2022, of Mr Patrick Akinwuntan,...

Ecobank Warns Flour Mills Against Honeywell Deal

November 28, (THEWILL) - Ecobank Nigeria Limited has warned Flour Mills of Nigeria Plc against the proposed acquisition of equity stake in Honeywell Flour Mills Plc, alleging that Honeywell Group Limited, the parent firm, has not been paying up...

Ecobank Wins Big At Nigeria’s Banks And Other Financial Institutions’ (BAFI) Awards

November 15, (THEWILL) - Ecobank Nigeria was the cynosure of all eyes at the prestigious Banks and Other Financial Institutions' (BAFI) Awards 2021 held in Lagos at the weekend. At the keenly contested awards, Ecobank Nigeria emerged winner of...
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Niger Mass Abduction: Tinubu Orders Joint Military, Police Manhunt

The President's directive came after gunmen reportedly invaded several communities in the remote Borgu area of the state on Friday, August 21, killing residents, attacking worshippers and taking an unspecified number of people into nearby forests.
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