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Family battles AMCON, Ecobank over mortgaged property
They are seeking a declaration that the tripartite mortgage deed between Ecobank Nigeria Plc, JNC Limited and Samuel Iyiola Omotoso, is not valid, null and of no effect whatsoever.
Neimeth, Forte oil, others enhance NSE’s indices by 2.47%
Neimeth International Pharmaceutical closed higher at the end of transactions on Friday, at the trading floor of the Nigerian Stock Exchange. It led others with 24.62 per cent to close at N0.81 per share.
Equities’ investors risk losing dividends over banks’ Eurobonds
The prevailing high domestic interest rate which has spurred banks’ increased appetite for external borrowings through Eurobonds has become a source of worry to capital market...
Ecobank partners Transfast to boost Nigeria’s remittances
Ecobank Nigeria has entered into strategic partnership with Transfast, an international provider of cross-border payments and remittance solutions, to further ease expatriates’ funds transfer from across the world to Nigeria.
Banks take over Etisalat over $1.2 billion debt
Lending bankers yesterday took over telecommunications company Etisalat and subsequently announced changes in the shareholding structure of the company.
Banks sue firm over N16.5billion alleged indebtedness
The company’s indebtedness to the lenders, they claimed stands as follows: Access Bank: N9, 278,404,445; Ecobank: N6, 257,203,229.21, FCMB: N441, 700,000; GTB: N618, 004,854.73
Ecobank hinges easy banking on digital channels
Restating the importance of the platform, the bank also said it has invested in state of the art mobile application that makes banking activities simpler, accessible and cheaper and at their fingertips.
‘Ecobank will continue to sponsor Okpekpe race’
Ecobank Nigeria, a subsidiary of the Ecobank Group has pledged to continue with its partnership with organisers of the Okpekpe international 10km road race to ensure...
Forbes Woman Africa launches first television show,
Forbes Woman Africa, the continent’s first-ever women’s interest magazine from the highly successful FORBES stable, launches its very first television show through FORBES AFRICA TV, in partnership with Ecobank.
Stakeholders laud Okpanachi’s appointment as MD of Development Bank
Stakeholders in the financial industry have lauded the appointment of Anthony Okpanachi, former Deputy Managing Director (DMD) of Ecobank Nigeria Limited by the Ministry of Finance...
Ecobank mentors students on savings culture
Ecobank Nigeria tutored students in various high schools across the country, as part of its activities in this year’s Financial Literacy Day.
Lenders tighten credit rules, decline customers’ loan requests
The level of credit to businesses and individuals in the first quarter of 2017 declined, as banks strengthened their rules in the midst of rising Non-Performing Loans (NPLs) and recession, despite availability of the funds.