BANKING

  Ecobank Nigeria has concluded arrangement to host a webinar to provide insightful information on how banks can effectively help educational institutions and faith based organisations through digital banking offerings. The webinar which is part of Ecobank Digital Series scheduled to holds on Tuesday, February 16 2021, is titled “Digital Enablement of education...

With the season of love already here, Nigeria's leading innovative bank, Wema Bank, has set out to creatively offer her customers a means of gifting their loved ones with something remarkable this season - A prepaid gift card. The bank, in encouraging customers not to hold back from showing love...

  Ecobank Nigeria says its customers are now able to transfer funds by email, SMS and Whatsapp - new features available on the Bank's Mobile App. Speaking on the development, Mrs Olukorede Demola-Adenyi, Head, Consumer Banking Ecobank Nigeria said that this was part of the bank’s innovation in digital banking,...

  One of Nigeria's most innovative and digitally led financial institutions, Wema Bank has set out to make this season of love as eventful as possible for customers with its ‘14 Days of Love with 945’ promo. The two-week-long promo will see the bank giveaway goody bags, airtime and even...

Mr Boye Ademola, Partner and Lead, Digital Transformation, KPMG, on Wednesday called on the Central Bank of Nigeria (CBN) to initiate a policy on open banking in Nigeria to transform the sector. Ademola made the call during a virtual panel discussion on Open Banking Exchange (OBEx) with the theme, “Open...

Fitch Ratings has assigned Ecobank Nigeria Limited (ENG) a Long-Term Issuer Default Rating (IDR) of 'B-' with a Stable Outlook, Viability Rating (VR) of 'b-' and National Long-Term Rating of 'BBB (nga)'. The report, released on Thursday, noted that Ecobank Nigeria IDRs are driven by its standalone creditworthiness, as expressed...

The Managing Director, Ecobank Nigeria, Mr. Patrick Akinwuntan has said the bank’s newly sourced N50 billion credit will be deployed to support Micro, Small and medium scale enterprises (MSMEs) and small corporates in the country. He pointed out that the bank recognizes MSMEs as the drivers of post COVID-19 economic...

  The Group Chief Executive Officer, Ecobank Transnational Incorporated (ETI), Ade Ayeyemi, has affirmed that the pan-African banking group is facilitating smooth and instant payments across Africa as countries start the implementation of the African Continental Free Trade Area Agreement (AfCFTA). Ayeyemi who made this assertion during an interview with...

  Aella App, Nigeria’s leading single point financial service and payment solutions organization, is working with Amazon Web Services, Inc. (AWS) to empower underbanked individuals to have quicker access to credit and other financial services using Amazon Rekognition for identity verification. Amazon Rekognition is a fully managed computer vision services...

 The board of Access Bank Plc on Wednesday announced complete acquisition of Cavmont Bank Ltd by its Zambian subsidiary, Access Bank (Zambia) Ltd. Mr Sunday Ekwochi, the bank’s Company Secretary, disclosed this in a statement made available to the News Agency of Nigeria (NAN) in Lagos. Ekwochi said the acquisition...