Tag: Ecobank
Ecobank manager sent to prison over N14m fraud
Paul Iyoghojie The police at the Ikoyi Division Lagos, Western Nigeria have arrested the operational manager of Ecobank of Nigeria,…
GTB, Ecobank sealed by Ekiti govt for witholding tax
Ekiti State Government on Wednesday sealed off the premises of the Guaranty Trust Bank (GTB) and Ecobank in the State…
Court of Appeal rules in favour of Honeywell
The Court of Appeal in Lagos has dismissed the ex parte order earlier granted against Honeywell Flour Mills Plc. in…
Why we sacked 50 senior staff – Ecobank
Ecobank Nigeria on Thursday said that the recent reorganisation that affected some senior staff was designed to strengthen the bank’s…
Ecobank announces promotion of high performing staff
The management of Ecobank Nigeria Limited has announced the recent promotion of at least 300 top performing staff. The promotion…
FLASH: Ecobank sacks 50 top managers
Kazeem Ugbodaga Ecobank Nigeria Plc has sacked 50 top managers of the bank as it struggles to stay afloat in…
3 Ecobank employees docked for stealing N2.8m from customers’ accounts
Three Ecobank employees were arraigned in Lagos on Tuesday for allegedly stealing N2.8 million from customers’ accounts. The accused persons…
Court consents to Honeywell’s request for expedited hearings
The suit between Honeywell Flour Mills Plc. and Ecobank Limited came up for hearing before the Lagos Division of the…
Court contends multiplicity of suits in Ecobank/Honeywell case
Justice Dagat is still trying to contend with the lack of disclosure leading to different pending matters instituted by Ecobank…
Ecobank begs court over contempt proceedings
West Africa’s leading bank, Ecobank, on Friday, 15 January failed in its bid to stop the contempt proceeding instituted against…
Transfast partners First Bank, Ecobank, Heritage Bank for more reach
Transfast has geared up its world of online remittances in Africa by partnering with major Nigerian banks such as First…
Pay Ecobank N3.1bn, court orders Zamfara Govt
Justice Okon Abang of a Federal High Court, Lagos, on Wednesday ordered Zamfara Government to pay Ecobank Nigeria N3.1 billion…
Court urged to declare Murtala Muhammed’s son bankrupt
AKIN KUPONIYI Two Federal high courts sitting in Lagos, south west Nigeria, have adjourned two bankruptcy suits filed against Risqua…
Mobile Money operators rally support for Glo Xchange
Banks and mobile money operators partnering with Globacom for the implementation of a seamless mobile money service in the country…
Dangote Cement, Ecobank post higher profits
Presco Plc has released to the market its unaudited half year financial results. Despite commodity price challenges, the company reported…
Court orders Ecobank to pay ex-staff N8.5m for wrongful dismissal
The National Industrial Court, Abuja, on Friday ordered Ecobank Plc to pay Mr Uche Abrah , the sum of N8.5…
Ecobank asks court to jail DMO’s DG
Ecobank Nigeria Limited has accused the Director General of the Debt Management Office, DMO, Mr. Abraham Nwankwo, of frustrating its…
Ecobank Asks Court To Jail DMO’s DG
Ecobank Nigeria Limited has accused the Director General of the Debt Management Office, DMO, Mr. Abraham Nwankwo, of frustrating its…
Ecobank reaffirms financial strength and strong governance in Africa
Daniels Ekugo Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, has stated that the bank has the requisite…
Togo court awards another $11.6mn to Ecobank ex-CEO
A court in Togo awarded Thierry Tanoh, the former chief executive of pan-African lender Ecobank , $11.6 million on Tuesday…
Ecobank to appeal $15million court award to ex-CEO
Ecobank Transnational Inc will appeal a ruling by a commercial court in Ivory Coast that the pan-African bank must pay…
Glo Set To Launch Mobile Money Agent Network
Major telecoms service provider in Nigeria, Globacom, is set to launch a Mobile Money Agent Network, called Glo Xchange, in…
Ecobank replaces Tanoh with Essien as CEO
Ecobank Transnational Incorporated on Tuesday announced the appointment of Mr Albert Essien as its new Chief Executive Officer. A statement…
ECOBANK core investor wants CEO Tanoh sacked
The main shareholder in Ecobank , one of the biggest banks in sub-Saharan Africa, called on Saturday for its Ivorian…
Ecobank manager with husband faces fraud charge
A former Customer Service Manager, Tosin Lawal and her husband, Michael, who allegedly defrauded Ecobank of N179.83 million, were on…
Nigeria’s oil exports hit by US reduced demand
Nigeria’s oil export faces a difficult 2013 as America’s policy of relying on domestically produced shale oil slashes demands for…
Ecobank appoints 4 directors
Ecobank Transnational Incorporated has appointed four new members on its board of directors, according to a statement the bank’s head…
Nigerian bankers sweep AFDB awards
Two Nigerians, Mr Arnold Ekpe and Mr Olusegun Agbaje on Thursday took two prestigious awards at the annual bankers award…
Robbers Storm Babcock University, Cart Away Cash
At least seven armed robbers Wednesday afternoon stormed some banks within the premises of Babcock University, Ilishan Remo in Ikenne…
Workers Shut Down Oceanic Bank Headquarters
Activities at Oceanic Bank Headquarters and all its branches in Lagos State, Southwest Nigeria were paralysed Friday following the decision…