Thirteen commercial banks quoted on the Nigerian Stock Exchange (NSE) raked in N655.669 billion from fees and commission income last year, figures compiled from the full year 2017 audited results have shown.
The amount realised by the banks represented an increase by....
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MTN Group and Ecobank Transnational Incorporated have come together to provide mobile financial services across the various African countries where they currently operate.
The partnership, which was announced on Tuesday in Lagos, would see MTN and Ecobank work together in delivering a distinct...
Ecobank Nigeria Plc has failed to proceed with its defence when the suit instituted by Honeywell Group against the bank resumed Thursday February 8 at the Federal High Court, Lagos Judicial Division, Ikoyi. Present at the hearing was Dr. Oba Otudeko, CFR and Chairman of the Honeywell …
A real estate firm, Jetland Properties Limited, has filed a N31m lawsuit against Ecobank Nigeria Limited over alleged breach of contract.
The firm, in the suit before the Lagos State High Court in Igbosere, alleged to have been engaged by the commercial bank to find a buyer for its property...
The Central Bank of Nigeria, CBN has barred 15 commercial banks from dealing in foreign exchange through the recently created small and medium enterprises, SMEs wholesale forex window.
PREMIUM TIMES reports that barred due to persistent complaints that they were deliberately frustrating...
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The need for financial backbone for African startups has led Ecobank to launch the Fintech Challenge which is set to challenges developers, programmers and FinTech innovators all over Africa.
These startups are expected to join forces in combating the continent’s most pressing banking issues...
Ecobank has unveiled a Mobile App, an instant and convenient way of banking through the phone, described as the first unified App by any institution for use in 33 countries.
Tagged Ecobank Mobile App, it would also leverage the power of digital connections to deliver real convenience to...
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Ecobank is reviewing its expansion strategy following a decline in profits and may pull out of some African countries to focus on its most promising markets, chairman Emmanuel Ikazoboh told Reuters.
Ecobank is based in Togo and operates in 36 African countries, making it a rare example of a...
ecobankecobank may close some operations
Mr. Akhanenu Ikechukwu, the operational manager of Ecobank of Nigeria, Ejigbo branch, has been jailed for allegedly withdrawing N14,014.157 from the account of two customers of the bank without authority.
The 41-year-old banker was also accused of sharing the money with his partner in crime...
The strength and size of a company can be measured by its market capitalization. The market cap. of a firm also indicates the market value of a company at a particular time. It can rise and fall, based on the performance of the shares of the firm on the stock market. The shares are in turn...
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Ecobank Nigeria has sacked 1,040 of its employees naitonwide, a report from Today.ng says.
This is a reflection of the current economic situation in the country. Diamond bank during the week had let 200 of its workers go and , FBN, the parent company of First Bank Nigeria limited is expected...