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Reps query Ecobank, Citibank, others over N11.6trn FG revenue collected

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The House of Representatives has queried Access Bank, Citibank, Ecobank and Fidelity Bank over N11.632 trillion revenue collected on behalf of the Federal Government...

Court orders Ecobank to pay Honeywell N72bn

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A Federal High Court in Lagos on Tuesday ordered Ecobank Nigeria to pay Honeywell Flour Mills N72.2 billion in damages, bringing to an end...

Ignore Ecobank, Otudeko writes FBN

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Businessman Oba Otudeko has written to FBN Holdings to ignore a petition by Ecobank’s lawyers, demanding rejection of 4.7 billion shares purchased by him. Otudeko...

Ecobank writes FirstBank to reject Otudeko’s share purchase

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Ecobank Nigeria has written to First Bank Holdings, asking it not to accept the acquisition of 4.7 billion shares by businessman Oba Otudeko. The former...

Fitch puts Ecobank rating on negative watch

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US credit ratings agency Fitch has placed the creditworthiness of Ecobank Transnational Incorporated (ETI) and its local unit Ecobank Nigeria on watch for a...

Ecobank gets permission to serve Otudeko, Flour Mills counterclaim in debt...

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A Federal High Court in Lagos on Monday granted Ecobank leave to serve counterclaims against Otudeko, Flour Mills of Nigeria Plc and Honeywell Group...

Court freezes La Campagne Tropicana’s accounts over alleged N46.7m debt

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A Federal High Court in Lagos has frozen the accounts of a tourism outfit La Campagne Tropicana Beach Resort in 27 commercial banks in...

Lebanese citizens allegedly defraud Ecobank of N9.4bn

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A Federal High Court in Lagos has dismissed an application filed by two Lebanese for the court to dismiss criminal charges and an extradition...

Ecobank closes Abuja branch after customer, Suleiman Achimugu, dies of COVID-19

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Ecobank Plc has temporarily shut down its Wuse II Abuja branch following the death of one of its customers from COVID-19. Suleiman Achimugu, a former managing...

Ecobank offers pleasurable holiday banking with *326#

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Ecobank has announced plans to make Christmas holiday a pleasure by offering banking at customers’ fingertips, right on their mobile phones with *326#. A...