Tag Archives: Ecobank
Ecobank Loses Assets Worth Over N200 Million Over Debt
Asides not paying dividends to investors for about five years, Ecobank is also unable to pay its debts, ENigeria Newspaper reports. Ecobank Plc, the bank that ‘fraudulently’ acquired assets of defunct ailing Oceanic Bank, is again swimming in perilous waters,
Wema Bank, EcoBank, others Clear Hon. Obasa of Operating Multiple Accounts
Officials of Ecobank, Wema Bank and Polaris have absolved the Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa of allegation of operating multiple bank accounts in the banks. Some representatives of the banks spoke before the
Ecobank Storms Mushin with EcobankPay Zone
Ecobank Nigeria in its avowed commitment to deepen financial inclusion has launched an Ecobankpay zone at the Amu market, Mushin Lagos. The Managing Director, Ecobank Nigeria, Patrick Akinwuntan who launched the digital payment zone explained that the EcobankPay zones in
Arik, Ecobank MDs in trouble over diversion of N2trn
A House of Representatives ad-hoc committee on Central Bank of Nigeria (CBN) Intervention Fund yesterday summoned the former Managing Director of Arik Air, Mr Johnson Ikedi Arumeme and his Ecobank counterpart, Mr Charles Kie to clarify issues on the alleged
Ecobank Vital To Nedbank’s African Growth Strategy
South Africa’s Nedbank on Tuesday said that Ecobank Transnational Incorporation (ETI) remains vital to its expansion elsewhere on the African continent despite booking a $293 million write-down on the value of its stake in the sub-Saharan lender. Ecobank has operations
Ecobank/Honeywell Law Suit: Judge Assures Of Impartiality
Justice Mohammed Idris of the Federal High Court, Lagos, has told counsels to both Ecobank Plc and Honeywell that he would exercise fairness and impartiality in the discharge of justice in the matter between the two firms pending before him.
Ecobank Seeks Judge’s Disqualification in Debt Recovery Case
Ecobank Nigeria Limited has urged the Chief Judge of the Federal High Court, Justice Ibrahim Auta, to disqualify Justice Mohammed Idris from a suit filed against it by Honeywell Flour Mills Plc. Honeywell, Anchorage Leisures Limited and Silaom Global Services
