Ecobank, GTB Lead eNaira Adoption in Nigeria

Ecobank and GTB are currently leading in customers adoption of the eNaira. eNaira is Africa’s first Central Bank Digital Currency (CBDC) introduced by the Central Bank of Nigeria (CBN) in October.

A report by TheCable says with more than 2,000 merchant wallets active, about 20 percent are domiciled with Ecobank, while GTB has majority of the consumer wallets activated by users amongst the top 10 financial institutions in the country.

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.

Ecobank Group Announces N143.7bn Profit Before Tax in 9 Months

Ecobank Transnational Incorporated (ETI) has announced N143.7 billion profit before tax in its audited nine months ended September 30, 2021, an increase of about 316 per cent from N34.5billion reported in nine months ended September 30, 2020.

Ecobank Group announces the upcoming retirement of Patrick Akinwuntan as Regional Executive and Managing Director, Ecobank Nigeria

Ecobank Group, the leading pan-African banking group, announce the upcoming retirement of Patrick Akinwuntan, Regional Executive and Managing Director, Ecobank Nigeria.

Patrick Akinwuntan will retire in January 2022, upon reaching the retirement age.

Ecobank Nigeria to Sustain SMEs Support, Grow Agency Banking Network In 2022

Managing Director/Regional Executive, Ecobank Nigeria, Patrick Akinwuntan has said the bank will continue to support Small and Medium Enterprises (SMEs), take banking to every Nigerian through its agency banking network.

Ecobank Gets Lagos Govt’s Applause On Partnership To Uplift Artisanal Fisheries Value Chain

Ecobank Nigeria has received commendation from Lagos state Government on its partnership to uplift artisanal fisheries value chain in the state.

Ecobank Day: Stop the Discrimination Against Victims of Mental Health Disorder – Akinwuntan

Ecobank Nigeria has reiterated its commitment towards promoting mental awareness for its staff, customers and the communities where it operates being part of its corporate action to support general wellbeing amongst citizens.

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.

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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.

Board of Ecobank Nigeria Announces The Appointment of new Chairman and New Directors

Bola Adesola, Titilayo Olujobi and Bimbola Wright Appointed Directors in Ecobank Nigeria

Bola Adesola, Titilayo Olujobi and Bimbola Wright Join Ecobank Nigeria Board

Lagos, September 29, 2021 -  The Board of Directors of Ecobank Nigeria has announced the appointment of three non-executive directors: . Mrs. Bola Adesola, Mrs. Titilayo Olujobi and Mrs. Bimbola Wright.

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.

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 Group named 2021 African SME Bank of the Year

The Pan-African banking group, the Ecobank Group, is the African Banker’s  2021 African SME Bank of the Year.

Ecobank beat a host of other banks in the African Banker Awards 2021 to take home the SME Award in a 2020 tumultuous year characterised by the Covid-19 pandemic which continues to ravage many African economies, with Small and Medium Enterprises (SMEs) taking the greatest hit.

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.

“We are Using Agency Banking to Drive Entrepreneurship, Wealth Creation” – Ecobank

Ecobank Nigeria says its vision to use agency banking scheme to drive entrepreneurship, provide employment opportunities and supporting Micro, Small and Medium Enterprises (MSMEs) is yielding fruits, as over 32,000 Nigerians including former employees and retirees have adopted the scheme to sustain their everyday living.

Ecobank Nigeria Promotes over 600 Staff ; Recruits New Employees

Ecobank Nigeria has announced the promotion of 682 staff effective May 1st, 2021 representing 26% of its core staff despite the impact of the COVID-19 pandemic and all the attendant impact on business performance globally.

Linda Ikeji, Tara Fela-Durotoye Laud Ecobank’s Women Empowerment Initiatives

Media entrepreneur and popular blogger Linda Ikeji, said she was motivated to partner with Ecobank on her “Selfmade Woman” initiative because of the bank’s various women friendly programmes, stressing that many individuals, especially women who own small businesses are supported by the bank to succeed.

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.

Ecobank Partners Vanguard|Economic Forum Series, Convenes MSME Finance Summit On Lending To Small Businesses

Ecobank Nigeria and Vanguard Economic Forum Series have announced that they are convening an MSME virtual summit to promote and encourage lending support for micro, small and medium enterprises (MSMEs) in the face of changing operating environment in the country.