Ecobank

Ecobank Fined N3.2m, PZ Cussons Slammed With N4.8m Amid Clampdown

Ecobank Warns Customers About SIM Swap Fraud Threat

In a bid to shield its customers from cyber theft, Ecobank has warned about the grave risk associated with SIM swap fraud. In a recent email communication to customers, the bank explained

Emmanuel Ochayi

1 year ago

Business

Cameroonian, Alain Nkontchou, Now Owns 5.13% Of Ecobank After Parting With N917.54m

Alain Nkontchou, the chairman of Ecobank Transnational Incorporated (ETI), has acquired new shares to increase his controlling stake in the financial institution. Prime Business Africa gathered that Nkontchou acquired 62.33 million shares

Fakoyejo Olalekan

1 year ago

Business·Insights

Oba Otudeko’s Hostile Takeover: Understanding Problems Facing FBN Holdings

What began as a blessing in disguise for FBN Holdings’ shareholders and the company might end up becoming a nightmare that would cost stakeholders billions of naira, Prime Business Africa has learnt.

Fakoyejo Olalekan

1 year ago

Investors To Buy N150 billion-worth Of FBN Holdings Stake

Business

Otudeko Criticises Ecobank, Counters Claims In Letter To FBN Holdings

The Chairman of Honeywell Group, Oba Otudeko, has denied Ecobank’s disclosure that the Supreme Court granted the N13.5 billion debt claim against the investor. Ecobank had made this known in a letter

Fakoyejo Olalekan

1 year ago

Business

Ecobank Warns FBN Holdings Not To Help Oba Otudeko Divert Funds

First Bank of Nigeria (FBN) Holdings has been told to reject Oba Otudeko’s bid to become the company’s largest shareholder, to avoid helping him divert funds, after he bought 4.77 billion shares.

Fakoyejo Olalekan

1 year ago

Bank CEOs Meet Over Old Naira Deadline Extension Ahead Of Presidential Election

Business·Latest News·Top Stories

Banks’ Audited Results: UBA, Zenith Bank, Sterling Bank, Ecobank, Stanbic IBTC – Latest News, Updates

PBA brings you the latest news and updates on Nigerian banks and their audited full year results for the year ending December 31, 2022. Below are the banks’ audited results: UBA Announces

Aka Ekene, PBA Journalism Mentee

2 years ago

Business·Markets

Ecobank Fined N3.2m, PZ Cussons Slammed With N4.8m Amid Clampdown

Ecobank Transnational Incorporated, PZ Cussons, John Holt and Guinea Insurance Plc have been penalised by the Nigeria Exchange Limited (NGX) for flouting the rules of the Nigerian capital market. The four companies

Fakoyejo Olalekan

2 years ago

Business·Markets

Losses In Ecobank, RT Briscoe Sink Stock Market By N313.01 billion

Nigerian bourse depreciated by -1.03 per cent, costing stock investors N313.01 billion loss after trading on Thursday, 16 March 2023. This sent the market capitalisation down to N29.91 trillion from N30.22 trillion. Also,

Fakoyejo Olalekan

2 years ago

Business

Jeremy Awori Takes Over From Ade Ayeyemi As Ecobank’s CEO

Ade Ayeyemi has retired from his post as the Chief Executive Officer of Ecobank Transnational Incorporated (ETI), a position he occupied for seven years. Ayeyemi’s retirement gave way for Jeremy Awori to

Fakoyejo Olalekan

2 years ago

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business·Markets

Stock Market Investors Earn N228.73 billion, Ecobank, Nahco Make Losers’ List

The market capitalisation of the Nigerian bourse hit N29.53 trillion on Monday, 20 February 2023, rising by 1 per cent. Trading data showed that the appreciation is worth N228.73 billion when the

Fakoyejo Olalekan

2 years ago

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Ecobank Warns Customers About SIM Swap Fraud Threat

Cameroonian, Alain Nkontchou, Now Owns 5.13% Of Ecobank After Parting With N917.54m

Oba Otudeko’s Hostile Takeover: Understanding Problems Facing FBN Holdings

Otudeko Criticises Ecobank, Counters Claims In Letter To FBN Holdings

Ecobank Warns FBN Holdings Not To Help Oba Otudeko Divert Funds

Banks’ Audited Results: UBA, Zenith Bank, Sterling Bank, Ecobank, Stanbic IBTC – Latest News, Updates

Ecobank Fined N3.2m, PZ Cussons Slammed With N4.8m Amid Clampdown

Losses In Ecobank, RT Briscoe Sink Stock Market By N313.01 billion

Jeremy Awori Takes Over From Ade Ayeyemi As Ecobank’s CEO

Stock Market Investors Earn N228.73 billion, Ecobank, Nahco Make Losers’ List

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