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.

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.

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.

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.

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 Group names Jubril Mobolaji Lawal as Regional Executive and Managing Director Designate for Ecobank Nigeria

Ecobank Group, the leading pan-African banking group, announces that Jubril Mobolaji Lawal has been appointed as Regional Executive and Managing Director designate of Ecobank Nigeria, subject to the approval of the Central Bank of Nigeria.

The appointment is made ahead of Patrick Akinwuntan’s upcoming retirement, due to him reaching retirement age in January 2022.

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.

Ecobank Mobile App Enables Super Easy Banking 24/7; Available In 33 African Countries

"The revamped Ecobank Mobile app makes it super easy to bank on the go 24/7; it enables customers manage their everyday banking needs anywhere anytime directly from their mobile device.

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.

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.

#CustomerServiceWeek: Unity Bank Boss Restates Commitment to Delight Customers, Rewards Frontline Staff

In a bid to firmly entrench a customer-first attitude with enduring service culture, Unity Bank has launched a new service charter and Hall of Fame for staff. This is to create an exceptional customer experience as the Bank celebrates the 2021 Customer Service Week.

UNITY BANK DONATES BUILDING TO BORNO STATE UNIVERSAL BASIC EDUCATION BOARD

By Oki Samson, Trek Africa Newspaper

A building donated by Unity Bank Plc to the Borno State Universal Basic Education Board, SUBEB.

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 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.

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.

Unity Bank commits over N30m to empower NYSC members

Nigerian lender, Unity Bank Plc has committed over N30 million to empower National Youth Service Corps  (NYSC) members through the Bank’s flagship Youth entrepreneurship development initiative known as Unity Bank Corpreneurship Challenge.

The sum includes N4 million won by beneficiaries on four separate editions across four states and N10 million won by beneficiaries across the ten states in the latest edition.

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.