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Labour dialogues with Ecobank over contract workers

Members of the organized labour under the aegis of the Nigeria Labour Congress (NLC) have entered into dialogue with Ecobank over the Bank’s non-renewal of the contract of its third party recruitment agencies.

Ecobank denies sack of full-time workers

Ecobank Nigeria says it has not sacked members of its fully employed workers as reported by some dailies.
Members of the National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) on Thursday morning picketed the headquarters of Ecobank PLC on Ahmadu Bello way, Victoria Island in Lagos over alleged non-payment of severance allowance to over 900 staff who were sacked by the bank recently.

Bank union pickets Ecobank over alleged non-payment of severance allowance for sacked 900 staff

Members of the National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) on Thursday morning picketed the headquarters of Ecobank PLC on Ahmadu Bello way, Victoria Island in Lagos over alleged non-payment of severance allowance to over 900 staff who were sacked by the bank recently.

Ecobank denies sacking bonafide workers

Ecobank Nigeria says it has not sacked some of its real workers as reported by some dailes.
Patrick Akinwuntan, Managing Director, Ecobank Nigeria limited in a warm handshake with Aliyu Abdulhameed, Managing Director/CEO, Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) during a business visit of NIRSAL Management to Ecobank Head office in Lagos.

Ecobank announces N70 billion agriculture financing scheme

Ecobank Nigeria has entered into a strategic partnership with Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) with a N15 billion agricultural investment scheme being the first tranche in agricultural value chain financing.
Aliyu Abdulhameed

NIRSAL moves to raise over N140 billion for Agric financing

The Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (NIRSAL) has initiated actions to raise over N140 billion to finance agriculture over the next three years. US$200 million (N75 billion) will be raised by NIRSAL in...
African Export-Import Bank (Afreximbank)

Afreximbank wins African Bank of the Year Award

The African Export-Import Bank (Afreximbank) on Wednesday night won the African Bank of the Year Award during the African Banker Awards 2019 ceremony held on the sidelines of the Annual Meetings of the African Development Bank.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Court: Ecobank cannot renege on agreement with Honeywell

The Honeywell Group, Friday, emerged victorious in its protracted legal dispute against Ecobank with the judgement delivered by the Federal High Court, Lagos in which the court held that it (Honeywell’s) payment of N3.5 billion between 2013 and 2014 constitutes the full and final settlement of its indebtedness to Ecobank Nigeria Limited.

Cross River government uncovers N1.3 billion fraud plot

The Cross River Universal Basic Education Board (SUBEB) says it has uncovered an alleged attempt by a fraudster to defraud it of N1.3 billion from UBE Matching Grant.
President Buhari receives in Courtesy Visit Labour Leadership led by President of Nigeria Labour Congress Ayuba Wabba in State House on 7th Mar 2019-3

President Buhari: Decades of neglect, resource mismanagement led Nigeria to poverty, insecurity

Nigeria’s President Muhammadu Buhari on Tuesday lamented that decades of neglect and resource mismanagement have led the nation into deep poverty and insecurity.
Nigerian Stock Exchange NSE

NSE: All-Share Index sustains growth by 0.14 per cent

The All-Share Index of the Nigerian Stock Exchange (NSE) sustained positive growth for the second consecutive day, growing by 0.14 per cent.

Ecobank raises $450 million from Eurobond

Ecobank Transnational Incorporated (ETI) in Lomé, which is the parent company of the Ecobank Group, has successfully raised $450 million in its debut Eurobond which was oversubscribed.

Court attaches Imo’s accounts in central bank, 16 other banks over N1.5 billion debt

A High Court of the Federal Capital Territory (FCT), Abuja has ordered the attachment of funds in accounts owned by the Imo State Government in the Central Bank of Nigeria (CBN) and 16 other banks in the country.
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

EFCC: How Ecobank, employee committed $50,000, N9.2 million fraud

The Economic and Financial Crimes Commission, EFCC, has presented its first witness, Jones Oboh, in an alleged $50,000 and N9.2million fraud involving Ecobank Plc and one of its employees, Anieka Udoh, before Justice Saliu Seidu of the Federal High Court sitting in Ikoyi, Lagos State.

Central bank applauds Ecobank’s sustainability efforts

The Central Bank of Nigeria has recognized and awarded Ecobank Nigeria on its laudable sustainability and Corporate Social Responsibility initiatives.

CIBN, Ecobank partner on financial inclusion, capacity building

The President and Chairman of Council, Chartered Institute of Bankers of Nigeria (CIBN), Dr. Uche Olowu, has commended Ecobank’s strategies at attracting the unbanked and under-banked in the country through its various digital offerings.
Nigerian Stock Exchange NSE

Nigeria equity market extends negative outlook, down by 0.35%

The Nigerian Stock Exchange extended its negative outlook for the second consecutive days with crucial market indices dropping further by 0.35 per cent amid profit taking.
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

EFCC charges banker with defrauding army general

The Economic and Financial Crimes Commission (EFCC) Thursday arraigned an Ecobank employee, Anieka Udoh, for alleged fraud.

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Insecurity: We’ll give special budgetary attention to Zamfara – Speaker Gbajabiamila

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