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Tag: Ecobank

Ecobank shuts branch, mandate staff to go on isolation

March 24, 2020March 24, 2020Eben Tanimola

Ecobank Nigeria, In a statement on Monday, said it has temporarily closed its Wuse II, Abuja branch. According to the statement, the first fatality of the Coronavirus in the country, visited the branch on March 12, 2020. However, according to the bank, the deceased did not show any symptom as at the time he visited. […]

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Ecobank Manager, Ifeanyichukwu remanded for over N411m fraud

February 12, 2019Ayo Olowo

A Federal High Court sitting in Lagos on Tuesday ordered that an Ecobank manager, Ifeanyichukwu Azike, be remanded in prison for allegedly defrauding a customer of N411 million. Mr Azike was arraigned by the Police Special Fraud Unit (SFU) on three counts of obtaining money by false pretence, false representation and fraud. The police in […]

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Western lenders retreat, African banks explore opportunities

June 19, 2018Ayo Olowo

ADE AYEYEMI’S office in Lomé, the capital of Togo, is a good place to think about crossing borders. Ghana is ten minutes’ drive away. From his window the boss of Ecobank can watch trucks rumble along the seafront, some bound for Burkina Faso, a day’s journey, or Mali, perhaps another day on. At night, cargo […]

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Nigerian banks sacked 8,663 people between Jan and June

August 21, 2017Eben Tanimola

The National Bureau of Statistics has released data showing that 8,663 people were “sacked” by Nigerian banks between January and June 2017. When broken down, the data shows that an average of 360 people have been sacked every week from January to June 2017. The figures were higher in the first quarter and lower in […]

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