30 results
- 6 Feb 2012
EcoBank Begins Makeover of Oceanic Bank
Ecobank Nigeria Plc, the new owners of Oceanic Bank Plc has begun a makeover of all branches of Oceanic Bank in preparation for the full integration of their new purchase into Ecobank family, Nigeria…
- 25 Aug 2017
Ecobank Rakes in N389B in 6 Months
Ecobank Transnational Incorporated (ETI) Plc, the parent company of Ecobank brands across Africa, recorded N389 billion in gross earnings in the first half of this year. The half-year results of ETI…
- 21 Mar 2013
SEC Axes Ecobank from Capital Market Activities over Loan
Securities and Exchange Commission (SEC) yesterday suspended Ecobank Plc from all capital market activities because of irregularities surrounding a loan. SEC said in a statement that Ecobank’s client…
- 9 Feb 2009
Ecobank Launches “Savers’ Harvest†Promo
ECOBANK Nigeria Plc has launched a “Savers’ Harvest” promo to reward customers for opening savings account with the bank. The “Savers’ Harvest” promotion which…
- 19 Nov 2013
Worries over Arrests of Top Bankers for Alleged Terrorist Financing
The banking industry and State Security Service (SSS) are embroiled in claims and denials over the continued detention of senior personnel of 13 Nigerian banks for alleged terrorist financing and…
- 21 Nov 2013
Terrorist Financing: Banks Meet over Plan for Nationwide Shutdown
National Union of Banks, Insurance and Financial Institutions Employees (NUBIFE) said it will meet today to discuss the planned shut down operations nation wide in protest over the continued…
- 15 Mar 2010
Aku Becomes Ecobank Managing Director
The Board of Directors of Ecobank Nigeria Plc has announced the appointment of Mr. Jibril J. Aku as the new managing director of Ecobank Nigeria. Prior to this appointment, Aku was the executive…
- 22 Sept 2008
Ecobank Displays Public Offer at Uyo Roadshow
Mr. Offiong Amba, managing director, Ecobank Nigeria Plc, has described the bank’s $2.5billion public offer as the first multi-level structure that comes in three levels: the right issue, offer…
- 30 Sept 2017
Ecobank Sets Year-End Deadline for $400m Bond
Ecobank Transnational Incorporated (ETI) Plc, the pan-African financial services holding company for the Ecobank group, on Thursday indicated that it plans to complete its forthcoming $400 million…
- 15 Jun 2010
Banks Grant MTN N318 Billion Loan Facilities
MTN Nigeria, Nigeria’s leading telecommunications company has received fresh loan facilities to enable the company further expand its network across the country. A consortium of 15 Nigerian…
- 2 Aug 2010
CBN Pumps N130 Billion into Real Sector
The Central Bank of Nigeria (CBN) has released over N130 billion to small and medium scale enterprises (SMEs) through the Bank of Industry (BOI). The fund will be accessed through authorized…
- 10 Apr 2019
EFCC, Army Gen. Drag Ecobank, Staff to Court over Alleged Fraud
Economic and Financial Crimes Commission (EFCC) on Wednesday opened its case against Ecobank Plc and Anieka Udoh, one of its employees at the Federal High Court in Lagos. It accused the bank…
- 2 Mar 2009
IG Lauds Ecobank on Police Partnership
The Inspector General of Police, Inspector Mike Okiro has commended Ecobank Nigeria Plc for supporting the Nigerian Police in its bid to host the first West African Police Games slated for Abuja from…
- 11 Jul 2019
Labour Pickets Ecobank over Sack of 1,000 Workers, Bank Denies Action
Organized labour yesterday besieged the Victoria Island headquarters of Ecobank Plc to protest the alleged sacking of workers. The protesters accused the management of the bank of sacking 1000…
- 15 Aug 2018
MTN Nigeria Inks N200bn loan facility with 12 banks for Network Expansion
MTN Nigeria on Wednesday signed a seven-year N200 billion medium term facility with a consortium of twelve (12) local banks, with FBN Quest acting as facility agent. Ferdi Moolman, Chief…
- 9 Mar 2009
Ecobank’s Partnership with Police Tickles Okiro
Mike Okiro, inspector general of Police has commended Ecobank Nigeria Plc for supporting the Nigerian Police in its bid to host the first West African Police Games slated for March through April this…
- 2 Feb 2021
IST Orders NDIC to Pay IPO Subscriber
Investment and Securities Tribunal (IST) has ordered the Nigeria Deposit Insurance Corporation (NDIC) to pay a subscriber to an aborted initial public offering (IPO), in a landmark judgment that…
- 11 May 2009
Ecobank Nigeria infuses $400 million into capital
Following an injection of capital from Ecobank Transnational Incorporated, its Togo based parent company, Ecobank Nigeria is set to boost its capital base by $400 million. Mr. Arnold Ekpe, chief…
- 17 Jun 2018
Sacked Banks’ Workers Drag CBN, Banks to Court over N9.8Bn Entitlements
Ex-staff of banks numbering over 10, 000 have restated their resolve to get their over N9.8billion entitlements from their former employers. The former bankers who hitherto filed a class…
- 23 May 2013
Bank Chiefs Appear before Reps over N83Bn Tax Remittance
The bank chief executive officer that were threatened with arrests on Monday for failing to appear before the House of Representatives Committee on Finance investigative hearing on tax remittance…
- 21 May 2013
FCMB, Skye Bank CEOs, Others Face Arrest over N83Bn Tax Remittance
House of Representatives has threatened to arrest 10 bank chief executive officers over their failure to attend its investigative hearing on tax remittance on Monday. The bank chiefs are: First City…
- 1 Jan 2019
NSE Expels Diamond Bank, Others from Corporate Governance Index
Nigerian Stock Exchange (NSE) has removed Diamond Bank Plc, Continental Reinsurance Plc and NEM Insurance Plc from its Corporate Governance Index. The NSE, in a statement on Monday, said the…
- 3 May 2017
CBN Expels 16 Banks from Forex Market
Central Bank of Nigeria (CBN) on Tuesday stopped 16 Deposit Money Banks from participating in the Small and Medium-scale Enterprises (SMEs)window of the foreign exchange market. Isaac Okorafor,…
- 6 Mar 2026
Bank Accuses Magistrate, Lawyer of Using Fake Order to Steal N3.5m from Account
Benedict Ikechukwu Anekwe, an Enugu-based lawyer, and C.K.C. Idu, a magistrate, have been accused of allegedly conspiring to fraudulently withdraw ₦3.5million from the corporate account of Ohha…
- 21 Apr 2024
First Bank Comfirms Appointment of Olusegun Alebiosu as Acting MD/CEO
Board of Directors of First Bank has appointed Olusegun Alebiosu as its acting managing director. Mr Alebiosu has been the bank’s executive director/chief risk officer since 2022. He has been in the…
- 22 May 2025
When Legacy Meets Preparedness – Olusegun Alebiosu as CEO, Firstbank Group
By Aniekan Ezekiel What happens when legacy meets preparedness? What results from such a combination? Let us not be in a hurry to put forward any answers yet. Instead, let us consider first the…
- 10 Jan 2020
Banks’ Deposits with CBN Hit N3.17tn in 9 Months
Central Bank of Nigeria (CBN) has recorded N3.17tn deposits from 11 commercial banks in nine months. Data obtained from the financial statements of the commercial banks listed on the Nigerian Stock…
- 3 Dec 2024
Benson Ogundeji Takes Helm as MD/CEO of Greenwich Merchant Bank
Board of Directors of Greenwich Merchant Bank Limited has announced the appointment of Mr. Benson Ogundeji as its substantive Managing Director/Chief Executive Officer, following the receipt of the…
- 20 Jun 2022
Investors Worry about Banks’ N814Bn Non-Performing Loans
Investors at the weekend, urged government to stimulate economic activities, particularly, in ensuring security and facilitating the movement of agricultural produce as well as the seamless export of…
- 7 Apr 2021
Mobile Money: MTN Expands Cardless Cash Withdrawal Service to 44 Financial Institutions
Following the recent USSD drama, Y’ello Digital Financial Services (YDFS) has announced the expansion of its MoMo Agent cardless cash withdrawal service to over 40 banks and other financial…