Tuesday, 23rd April 2024
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Ecobank

17 Nov
Ecobank, the leading pan-African banking group, and the African Guarantee Fund (AGF), a specialized pan-African guarantee provider, have joined forces in a groundbreaking $200 million risk-sharing agreement, aimed at catalyzing economic growth and supporting entrepreneurial ventures – including women-owned SMEs on the continent.   The two organisations signed a strategic partnership agreement today on the…
4 Nov
It was an evening of wine tasting and wealth creation recently at the wine and wealth evening put together by RIF Trust, part of the Latitude Group, one of the leading international Residency and Citizenship-by-Investment specialists, in partnership with Ecobank and Wine and Things Limited.
9 Sep 2023
The futile attempt by Ecobank to rubbish the image and forcibly take over the operations of La Campagne Tropicana Beach Resort has been put to rest as a Federal High Court sitting in Lagos struck out the N46.7m suit against the resort and its founder, Otunba Wanle Akinboboye, for lacking in merit. The court in…
30 Jul 2023
Ecobank, the leading pan-African Banking Group, has been named Africa’s Best Bank for SMEs (small and medium-sized enterprises) by the prestigious Euromoney Awards for Excellence for the second year running, having also won the accolade in 2022. Jeremy Awori, Chief Executive Officer, Ecobank Group, said: “This award reflects Ecobank’s absolute commitment to supporting African SMEs…
20 Jul 2023
Counsel to Ecobank Plc., in the alleged Honeywell debt recovery saga, Mr. Kunle Ogunba, yesterday, dragged the law firm of Wole Olanipekun & Co. before the Chief Justice of Nigeria (CJN) and the Body of Benchers.
19 Jul 2023
The Federal High Court sitting in Lagos has awarded N72.2 billion in damages to Honeywell Flour Mills Plc, in a judgement delivered by Justice Mohammed Liman, on the flour milling company’s protracted legal battle against Ecobank Nigeria Limited.
6 Jul 2023
Fitch Ratings says it foresees an upgrade of ENG's National Ratings which would result from strengthening its creditworthiness relative to other Nigerian issuers. According to the international rating agency, it expects to resolve the Rating Watch Negative (RWN) of ENG “within the next six months when exchange-rate volatility may recede, the impact on regulatory capital…
12 Jun 2023
Ecobank, the leading pan-African banking Group, through its representative office in Ethiopia, has partnered with Ethiopia’s Dashen Bank to enable Ethiopians living in the diaspora, specifically Europe, to send money instantly to any Dashen Bank account, other local bank accounts, mobile money wallet and cash pick up using Ecobank’s Rapidtransfer International app (RTI). The cross-border…
2 Jun 2023
All is now set for the second edition of Adire Lagos Experience being hosted by Ecobank Nigeria. The bank said it is impressed and motivated by the phenomenal success of the maiden edition held last year. The three days exhibition themed Adire Lagos Experience will take place at the ultra-modern Ecobank Pan African Centre (EPAC)…

Latest

6 mins ago
The Central Bank of Nigeria (CBN) has informed Bureau De Change (BDC) operators about direct sales of US dollars at a discounted rate of N1,021 per dollar. The directive was contained in a circular issued by the apex bank on Tuesday, 23 April 2024. This is the second sale this month and the fourth in…
15 mins ago
Nigerian singer Tems has announced the release of her latest single ”Love me Jeje” an imitation of Seyi Sodimu in 1997. Seyi Sodimu known as Mr. Jeje is a Nigerian singer-songwriter, best known for his hit single "Love Me Jeje". The song made him popular in Nigeria in the late 1990s and early 2000s. The…
16 mins ago
Dangote Oil and Petroleum Refinery has once again slashed the prices of diesel and aviation fuel. Dangote on Tuesday announced a further reduction in the prices of both diesel and aviation fuel to N940 and N980 per litre respectively. This latest round of reductions is coming about two weeks after the company slashed the price…
24 mins ago
Flutterwave is ready for an initial public offering (IPO), says CEO, Olugbenga ‘GB’ Agboola (Right)[/caption] Nigeria’s top company in the financial technology sector, Flutterwave, has rolled out plans for an initial public offering (IPO). This was disclosed by the chief executive of Flutterwave, Olugbenga ‘GB’ Agboola, at Semafor’s World Economy Summit in Washington D.C. on…
53 mins ago
Erik ten Hag says the media reaction to Manchester United's performance in the FA Cup semi-final against Coventry was "a disgrace", robustly defending his side's achievement in reaching a second straight final. United surrendered a 3-0 lead at Wembley on Sunday and were saved from a humiliating exit in extra time only by a VAR…
1 hour ago
A Federal High Court, Abuja, on Tuesday, fixed May 10 for ruling on an application by former Governor of Kogi, Alhaji Yahaya Bello, seeking an order of setting aside the April 17 arrest warrant issued against him. Justice Emeka Nwite fixed the date after counsel for the Economic and Financial Crimes Commission (EFCC), Kemi Pinheiro,…
1 hour ago
A 31-year-old Chinese tourist died after falling into an acidic crater lake in Indonesia’s East Java province, local media reported. The tourist was taking a selfie with her husband when she slipped and fell into the 75-metre-deep Ijen Crater in Banyuwangi district , Kompas.com reported on Tuesday. The couple’s tour guide said the woman had…
1 hour ago
The Nigerian government has said that every Nigerian borrower who goes for made-in-Nigeria product would get better terms on their credit facility. This was revealed by President Bola Tinubu's spokesperson Ajuri Ngelale during in an interview on TVC. "The president has put in a stipulation that we are going to be giving through the Consumer…
1 hour ago
The Federal High Court in Abuja has rejected the request made by a former governor of Kogi State, Yahaya Bello, that his order of arrest should be discharged. The court rejected the request on Tuesday after Bello who was absent at his arraignment said he is ready to make an appearance but he is afraid…
1 hour ago
Former Governor of Kogi, Alhaji Yahaya Bello, on Tuesday, prayed a Federal High Court, Abuja to vacate the arrest warrant order issued to the Economic and Financial Crimes Commission (EFCC) against him on April 17. Bello, through his lawyer Adeola Adedipe, SAN, made the application following an order by Justice Emeka Nwite, directing the EFCC…