Ecobank Nigeria has announced an increase in the maximum daily limit of its naira debit cards abroad, depending on the type of card held by its customers. Customers with naira debit cards can now pay up to $4,000 and $5,000 per day on online channels and point of sale (PoS) terminals respectively across the world. […]
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Ecobank Nigeria’s Executive Director, Consumer Banking, Carol Oyedeji, has reiterated that the convenience of opening and operating an Ecobank Xpress Account is putting banking at “your fingertips.” The Xpress Account is a mobile based digital account that affords the customer many of the services available to a regular account holder. Responding to media questions in […]
Read More Ecobank Nigeria on Monday unveiled Ecobank Xpress Account, describing it as a flagship digital product that would take banking to the grass roots. The Ecobank Xpress Account is a digital account that is mobile based. In a statement, the lender said the Ecobank Express Account “is simple and does not require any form of documentation […]
Read More Ecobank Nigeria has announced a one per cent (1%) fee on all Rapid Transfer payments via the Ecobank Mobile app from now through December 31, 2017. This promotion is designed to support citizens who have need to send money to loved ones across Africa during this festive season. Announcing this end of year promo in […]
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Ecobank Nigeria says some of its senior staff members have embarked on mentoring students in various secondary schools across the country on the importance of savings as part of events marking 2017, World Savings Day. At Government Girls Unity College, Damaturu, Yobe State, the Managing Director of the Bank, Mr. Charles Kie, spoke on the […]
Read More Ecobank Transnational Incorporated, ETI, has announced changes on its board of directors as Dr. Adesegun Akin-Olugbade and Mr. Ignace Cloegah resigned from the management board to enable them focus on other personal responsibilities. The board, management and staff of ETI expressed their gratitude to them for their significant contributions to the Ecobank Group and their […]
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Ecobank Transnational Incorporated has partnered Visa to launch Ecobank Scan+Pay with mVisa solutions to their consumers. According to a statement by the pan-African lender, the strategic tie-up signals interoperability on a cross border level – and potentially huge gains – as it affords consumers with the ability to use their mobile phones to directly access […]
Read More Ecobank Transnational Incorporated Plc has unveiled Xpress Cash service to address the needs of the unbanked and the general populace. The lender said it was aiming to transform a mobile phone into an all-in-one bank account and payment/cash withdrawal tool. The Xpress Cash functionality, it said in a statement on Thursday, had been introduced as […]
Read More Ecobank has launched a target saving promotion to encourage saving amongst Nigerians. The lender’s plan is enable savers acquire valuable assets, save for travels or save for the rainy day, which they cannot achieve in one go. The bank’s Head, Consumer Banking, Ayotunde Kuponiyi disclosed this fact during customer sensitization exercises in different parts of […]
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Pan-African banking outfit, United Bank for Africa (UBA) Plc, said it has made provisions on loans to 9mobile, the mobile operator formerly known as Etisalat Nigeria. The bank did not give details of the provision but said it had a ₦38 billion ($125 million) exposure to 9mobile. UBA said the exposure was secured. It can […]
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The Chief Executive of Nigeria’s Zenith Bank Plc, has said it has made a provision on 30% of its loan to 9mobile, the country’s fourth largest telecoms group formerly known as Etisalat Nigeria. The bank’s GMD, Mr. Peter Amagbo said: “We have taken about 30 percent … as a provision which we believe is very […]
Read More Ecobank Transnational Incorporated (ETI) , the parent company of Ecobank Nigeria, has recorded gross earnings of ₦389 billion during the first half of this year just as its Nigeria subsidiary has again reviewed, upwards, the daily limit that its customers can spend with their Naira MasterCards for international transactions. A statement from banking group states […]
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