FIRSTBANK, DRIVING DOLLAR REMITTANCES, ECONOMIC GROWTH VIA IMTOS

For centuries, there have been heated debates over the sources of economic growth in developing economies and why some countries reflect strong economic growth compared to others.

The hypotheses have often centred around crude oil, agriculture, revenues, private capital, bubbling stock market, stable security, low unemployment rate, high standard of living amongst others.

Ecobank Supports Reliable Credit Practice In Nigeria – Akinwuntan

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has stated the readiness of the bank to partner with the Institute of Credit Administration (ICA) to create a reliable and enhance credit practice in the country.

Unity Bank Gets NYSC Recognition, Wins Icon of Youth Empowerment Award

In recognition of Unity Bank Plc’s contribution to the growth of entrepreneurship among Nigerian youths, the National Youth Service Corps, NYSC has named the lender “Icon of Youth Empowerment” in an award presented to the Bank during the Skills Acquisition & Entrepreneurship Department, SAED Festival held in Abuja recently.

The NYSC management said it was on record that Unity Bank under the able leadership of the MD/CEO, Mrs. Tomi Somefun had been unwavering in its commitment and support for the Skills Acquisition and Entrepreneurship Development programme of the NYSC as evident in the Corpreneurship initiative through which businesses of hundreds of corps entrepreneurs are being funded.

“In view of the foregoing, NYSC Management honours (Unity Bank) with the award of “Icon of Youth Empowerment” at the closing ceremony of the 2021 NYSC SAED Festival at NAF conference centre, Abuja on this 17th Day of December 2021,” said the Director-General of the NYSC, Brigadier General S. Ibrahim, while presenting the award to Unity Bank.

Speaking after receiving the award, the Group Head, Retail, SME and E-Banking, Mr. Olufunwa Akinmade said: “We are encouraged by this award to continue to partner with SAED in driving the Corpreneurship initiative.

We believe that the Corpreneurship Challenge possesses the capacity to unlock the entrepreneurship ingenuity of the youths in Nigeria.

“We commend the leadership of the NYSC for the award, even as we appreciate the leadership and the team at SAED for working hard to make this partnership produce the desired outcome. We are optimistic that the partnership will be sustained for as long as possible until it has impacted a critical mass that considerably reduces graduate unemployment in our nation.”

The Corpreneurship Challenge, which earned the lender the award is a business plan competition that provides corps members with the opportunity to pitch their business ideas and stand a chance of winning business grants ranging from N200,000 to N500,0000 as business capital while receiving mentorship.

Unity Bank premiered the Corpreneurship Challenge in 2019, with a launch in Lagos and in three other states which included Edo, Ogun, and Abuja, but with the increasing popularity of the initiative among corps entrepreneurs, the Bank has now extended the programme to 10 states of the federation including Lagos, Ogun, Abuja, Edo, Katsina, Enugu, Bayelsa, Akwa Ibom, Sokoto and Kaduna.

So far, Unity Bank has invested over N80 million in the initiative, which has now produced 58 winners since it was launched.

Trekafrica.net

Unity Bank Forges Collaborative Partnership with Women Groups as it Launches Yanga Account in Uyo, Gombe

Unity Bank has collaborated with identified women groups in the North East and South/South regions as the Bank launches Yanga Account in Gombe and Uyo.

A statement from the Bank said the initiative and platforms being created with the Yanga Account is intended to drive financial inclusion and deepen its retail franchise especially among women in mass retail segment of the market.

BREAKING: Unity Bank Targets Women; Launches Yanga Account • Unveils popular nollywood actress, Sola Sobowale as brand ambassador

In its bid to demonstrate increased commitment towards promoting financial inclusion and women empowerment, Nigeria’s retail lender, Unity Bank Plc has launched Yanga Account, a new retail product designed to deepen beneficial impact on Micro Small and Medium Enterprises, MSMEs operated by women in the mass market retail space.

Unity Bank Holds 7th Edition of Corpreneurship Challenge; Doles Out N10M Grant to Corp Members

Nigerian lender, Unity Bank Plc has handed out a total of N10 million in prize money as business grants to 30 NYSC members in the latest edition of its flagship Youth entrepreneurship and empowerment initiative, Corpreneurship Challenge held across ten states recently.

Ecobank Flags Off Super Rewards Season Two Campaign; 50 Customers to Get Cash Prizes weekly

Due to popular customers demand, Ecobank Nigeria has flagged off Season Two of its Super Reward programme.

Korede Demola-Adeniyi, Head, Consumer Banking, Ecobank Nigeria, who announced the commencement of the Season Two campaign in Lagos, said the bank was impressed with the excitement generated in Season One, stressing that the Season Two is an opportunity for more customers to be rewarded for their loyalty and dedication to the pan African Bank.

The four months campaign will run between October, 2021  and January, 2022.

As was the case in season one, 800 customers are expected to win N25,000 weekly in batches of 50 customers per week from now till January 31, 2022. In addition four millionaires will emerged in each of the four delineated regions of Lagos, Federal Capital Territory (FCT)/North, Mid-west/South West and South South/South East regions. The millionaire winners will be announced at the end of the campaign.

Participation is open to both new and existing individual customers of the Bank, both Current and Savings accounts holders.

“This is the perfect time to open an Ecobank account, or reactivate and fund a dormant account to qualify for the reward and enjoy a first-rate banking experience.

50 customers with the highest deposit will be rewarded with N25,000 every week.  And four customers with the highest deposit and transaction value within the campaign duration will be rewarded with N1 million naira each.

As a bank, we are impressed with the level of excitement generated and customers’ participation in the first campaign.

We want to ensure more of our loyal customers are rewarded.

We believe this is a cheery news for both existing and prospective customers.

Let me use this opportunity to reassure everyone that Ecobank remains committed to maintaining its industry leadership in rewarding its customers.

“I encourage those that are yet to open account with the bank to do so now in order to experience the ultimate banking convenience made possible by our state-of-the-art digital platforms and our numerous products and services with great benefits, “she stated.

Daberechi Effiong, Head, Consumer Products, Ecobank Nigeria, said the conditions to qualify for the scheme are simple and easy to ensure both new and existing customers participate and get rewarded.

According to her, new customers are expected to open an account, savings or a current account with a minimum of N5,000 and maintain the deposit for a 30-day period; same she noted applies to existing customers, who only need to fund their active account with a minimum of N5,000 or reactivate their dormant account with a minimum of N5,000 and maintain the deposit for a 30-day period.

In addition, eligible customers are expected to carry out at least one transaction via any of the bank’s digital channels like the Ecomobile App, or the *326# USSD service.

Other conditions she noted are listed on the Ecobank’s website, she also explained that customers can withdraw funds from their account during the campaign period but will only be qualified for the reward when they maintain at least a balance of N5,000 in their account.

“The winners will be announced every week on our social media platforms: Facebook - @EcobankNGR, Instagram - @ecobank_nigeria. We will also send congratulatory SMS/Email to the winners, including how the rewards will be paid. You can send an email to our support team ALLENG-ConsumerProductTeams@ecobank.com or reach out to our 24/7 contact centre on 0700 500 0000, 01 270 1323, 0708 065 3700, Email: ENGcontactcentre@ecobank.com, Facebook: @EcobankNGR, Twitter & Instagram: @ecobank_nigeria.”

About Ecobank Nigeria

Ecobank Nigeria Ltd. is a subsidiary of the Ecobank Group, the leading pan-African banking group with operations in 33 African countries and an international presence in four locations (London, Paris, Beijing and Dubai).

Ecobank Nigeria is a full-service bank providing wholesale, retail, investment and transaction banking services and products to governments, financial institutions, multinationals, international organizations, medium, small and micro businesses and individuals.

Ecobank is a major player in the distribution of financial services in Nigeria, leveraging digital platforms including Ecobank Mobile App and USSD *326#, Ecobank Online, Ecobank OmniPlus, Ecobank Omnilite, EcobankPay, Ecobank RapidTransfer, ATMs, POSs and an extensive distribution network of over 250 branches and about 20,000 agency banking locations.

Trekafrica.net

Ecobank, Ultima Studios Celebrate Budding Entrepreneurs as Lion’s Den Hits TV Screens

Starting from this Sunday, October 10th, bold and passionate entrepreneurs will be given the chance to pitch their businesses or ideas in the Lions’ Den, the world’s biggest business reality show debuting in Nigeria.

The  business reality TV show is coming from the stable of Ultima Limited, the studios who brought Who Wants To Be a Millionaire and Project Fame West Africa, with the support of Ecobank Nigeria.

IMO CITIZENS BASED IN LAGOS MEET THE DOABLE TEAM TO FASHION STRATEGIES AHEAD OF 2023; URGES POPULAR BUSINESSMAN, POLY EZUMOHA TO CONTEST IMO GOVERNORSHIP

By Oki Samson

The race for 2023 general election is set! Many political gladiators are showing interest while political consultations, movements and positioning are taking place across the length and breadth of the country and across party lines. Over the weekend, another stakeholder consultation by the people of Imo state held in Lagos.

Unity Bank Corpreneurship Challenge Produces 30 More Winners in 6th Edition

A total of thirty members of the National Youth Service Corps, NYSC, have won cash prizes and business grants totalling N10 million in the 6th edition of the expanded Unity Bank flagship business plan competition known as Corpreneurship Challenge.

Unity Bank Unveils New Code on USSD Platform to Combat E-Banking Fraud

In a bid to safeguard its e-banking platforms with enhanced safety and security features, Unity Bank Plc has unveiled a new code on its USSD platform that completely puts the customer in control of his Bank Account against any e-Banking fraud.

Unity Bank Grows 34% Pre-tax Profit, Records N23B Gross Earnings in H1 2021

Nigeria’s retail lender, Unity Bank Plc has declared half-year result posting gross earnings of 23.6 billion Naira, which is a 3% increase compared with the corresponding period of 2020.

A review of the unaudited half year result (H1’2021) released to the Nigerian Stock Exchange, the Agric-focused lender showed notable improvement across key financial matrices.

Ecobank Celebrates Nigerians In The Diaspora; Announces Zero Fees for Transactions on Rapidtransfer

In commemoration of this year’s  National Diaspora Day event, Ecobank Nigeria is joining the rest of the country to celebrate Nigerians in the diaspora by making transactions on its proprietary money transfer app, Rapidtransfer, free of charge.

The Federal Government has set aside July 25 of every year as the National Diaspora Day in recognition of the contributions of Nigerians living outside the country towards the development of their homeland.

Ecobank to ‘Ellevate” Nigerian Women In Business; Over 40 million small businesses to benefit

Ecobank Nigeria has launched “Ellevate”, a gender-based proposition for women-owned businesses to reduce gender inequality in entrepreneurship and aid equal representation for women in the formal business sector.

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan said the Ellevate product introduced to the nation’s financial landscape on Wednesday, is targeted at empowering at least 40 million women owned or women-managed businesses in the country.

FIRSTBANK HOLDS SMECONNECT WEBINAR, ENLIGHTENS ENTREPRENEURS ON ACCESSING FINANCE FOR THEIR BUSINESS

The FirstBank SME Connect webinar is one of the ways through which FirstBank delivers its capacity building pillar of its value propositions to SMEs.

The event topic “The ABCs of Accessing Finance for your Business” is designed to expose SMEs to various finance opportunities that they can access and utilize to foster the continued growth of their businesses.

Ecobank Nigeria To Launch Bespoke Women Empowerment Initiative, Ellevate

All is set for the launch of “Ellevate”, a bespoke women empowerment proposition of the Ecobank Group.

Ellevate is targeted at empowering women-owned, and women-focused businesses in Nigeria.

Executive Director, Commercial Banking, Carol Oyedeji said the initiative which is scheduled for launch on July 7, 2021 in Lagos (Registration link https://bit.ly/3hDPHkT ), is specially designed for women in business, and businesses with a high percentage of female executives or employees.

Ecobank Celebrates MSME Week; Propose Cutting Edge Solutions

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has restated the Bank’s unwavering commitment to supporting and sustaining the development of Micro, Small and Medium Enterprises (MSMEs) in all sectors of the economy.

CBN debunks report on planned nationalisation of Unity Bank

The Central Bank of Nigeria (CBN) has denied planning to nationalise Unity Bank Plc as alleged by an online news medium.

Reacting to the report, the Acting Director, Corporate Communications Department, CBN,  Osita Nwanisobi, described it as, “fake news” and should be discarded in its entirety.

ECOBANK NIGERIA APPOINTS NEW HEAD OF MARKETING AND CORPORATE COMMUNICATIONS

Great visions attract the best people, and so is the case at Ecobank Nigeria.

The Nigerian franchise of the Pan-African financial institution is making good on its mission to empower Nigerians with all the tools to take control and make the most of their finances.

FIRSTBANK CLINCHES ANOTHER INTERNATIONAL RECOGNITION; RANKED SECOND MOST ADMIRED FINANCIAL SERVICES BRAND IN AFRICA

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has been ranked the second ‘most admired financial services brand’ in Africa – for the second straight year – at the 2021 Brand Africa 100: Africa’s Best Brands Event, held on Africa day, 25th May 2021.