Ecobank Nigeria

Type: Company
Name: Ecobank Nigeria
First reported 11 hours ago - Updated 11 hours ago - 1 reports

Banks Defend Reintroduction of ATM Withdrawals Charges

ATM cards• Uzoma Dozie: It will encourage transactions through other channelsBy Obinna ChimaAs some bank customers continue to express displeasure over the decision to introduce N65 on remote-on-us automated teller machines (ATMs) transactions in the ... [Published This Day Online - 11 hours ago]
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

Naira falls against dollar on back of strong demand

The naira yesterday depreciated by 15 kobo against the US dollar at the inter-bank market following increased demand by the end users.After trading on Tuesday, the local currency closed at N162.15/$ as against N162.00/$ the previous day, according to ... [Published Business Day Nigeria - Aug 20 2014]
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

Banks To Offset N25bn PHCN Debt

In a more to enhance gasavailability and improve power supply, the Central Bank of Nigeria (CBN) is collaborating with other  Money Deposit Banks to offset the N25 billion debt which Power Holding Company of Nigeria (PHCN) owed gas companies.The Managing ... [Published The Tide Newspaper Online - Aug 20 2014]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

Gas to fast-track Nigeria’s Devt – Seven Energy boss

By AnayoKorie  -   Ag Energy EditorThe Chief Technical Officer, Seven Energy, an indigenous oil and gas company, Mr. Campbell Airlie, has said  that Nigeria must harness its gas-to-power resource to enhance her aspiration of achieving  global relevance ... [Published Nigeria Daily Independent - Aug 19 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

Wrongful Deposit: Bank to Refund Claimant

3:40 pmA Lagos High Court sitting at Igbosere has made an order directing Awolowo Road Ikoyi branch manager of Ecobank Nigeria Plc, to immediately refund the sum of N154, 000 to one Mr. Durodola Oluyinka, which he wrongfully deposited into Ecobank Nigeria ... [Published Business World Intelligence - Aug 18 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

‘CBN Puts Banks on Intense Capital Rise’

10:05 amThe recent adjustment of the modalities for computing banks’ regulatory capital by the Central Bank of Nigeria (CBN) will bring about increased capital-raising for financial institutions.Razia Khan, Managing Director/Head, Africa Research, Standard ... [Published Business World Intelligence - Aug 18 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

Why more banks are raising capital- Razia Khan

Respected financial expert and Managing Director, Africa Macro/ Global Research, at Standard Chartered Bank, UK, Razia Khan, has predicted that the Central Bank of Nigeria’s (CBN) recent review of the mode in which banks’ regulatory capital is computed ... [Published Daily Newswatch - Aug 18 2014]
First reported Aug 15 2014 - Updated Aug 15 2014 - 5 reports

CBN, banks to offset N25b PHCN legacy debt

The Central Bank of Nigeria (CBN)  is collaborating with Money Deposit Banks to underwrite the N25 billion legacy debt of the Power Holding Company of Nigeria (PHCN).The measure is designed to enhance gas availability and improve power supply.The Managing ... [Published The Nation Nigeria - Aug 15 2014]
First reported Aug 12 2014 - Updated Aug 13 2014 - 3 reports

'Why Nigeria Must Harness Its Gas Potentials'

Nigeria must harness its gas to power resource to enhance her aspiration to attain global relevance in energy sufficiency and accelerated growth, Campbell Airlie, Chief Technical Officer of Seven Energy, has said.He spoke during the just concluded 38th ... [Published Individual.com - Aug 12 2014]
First reported Aug 11 2014 - Updated Aug 11 2014 - 1 reports

Don sues banks over Internet fraud

An associate professor of Orthodontics at the University of Lagos Teaching Hospital, Dr. Oluwatosin Sanu, has sued eight commercial banks, demanding N55m in damages over alleged fraudulent internet transactions on her bank accounts.She filed the suit ... [Published Nigeria Punch - Aug 11 2014]
First reported Aug 08 2014 - Updated Aug 08 2014 - 2 reports

Ecobank Nigeria sells $200m in notes for capital

| credits: File copyEcobank Transnational Inc’s unit in Nigeria sold $200m of dated subordinated notes due in 2021 to join lenders in Nigeria raising funds through debt sales, Bloomberg News reported on Thursday.The issuance has a yield of nine per cent ... [Published Nigeria Punch - Aug 08 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Ecobank Nigeria eyes summer for inaugural sub

The bank has picked Deutsche Bank and Standard Chartered Bank as joint lead managers and will start a roadshow on July 28. The team visits London, New York, Boston and finishes on the west coast on August 1.A banker on the bond would not comment on potential ... [Published GlobalCapital - Jul 25 2014]

Quotes

"If your bank has made its own ATMs free for you anytime you want to use it, then you should make use of it. The banks must be encouraged to continue to invest in ATM" Aku said
"The Nedbank stake is capped at 20 per cent. If they do convert ... I think that will strengthen the business relationship that we have (had) since 2008" Essien said
Airlie said: "Nigeria has some of the best gas reservoirs in the world, but what we need now is not just the best technology but good skilled hands to manage the technology. That is why I am very pleased with Nigeria's transformative thinking in the area of gas development."
"The country has a strong sovereign balance sheet, with low external debt levels, current account surplus, provides a positive backdrop. More importantly, this is also supported by relatively better secondary market liquidity with strong local investor base, which is not the case for most other Sub-Saharan African countries."

More Content

All (47) | News (45) | Reports (0) | Blogs (1) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
sort by: Date | Relevance
Banks Defend Reintroduction of ATM Withdrawals ... [Published This Day Online - 11 hours ago]
Naira falls against dollar on back of strong de... [Published Business Day Nigeria - Aug 20 2014]
Banks To Offset N25bn PHCN Debt [Published The Tide Newspaper Online - Aug 20 2014]
Gas to fast-track Nigeria’s Devt – Seven Energy... [Published Nigeria Daily Independent - Aug 19 2014]
Nedbank to Own 20% of Ecobank after Debt Conver... [Published This Day Online - Aug 19 2014]
Why well-capitalised banks bank on bonds [Published Nigerian Tribune - Aug 19 2014]
Wrongful Deposit: Bank to Refund Claimant [Published Business World Intelligence - Aug 18 2014]
‘CBN Puts Banks on Intense Capital Rise’ [Published Business World Intelligence - Aug 18 2014]
Mixed reactions trail fresh ATM withdrawal fee [Published Nigeria Daily Independent - Aug 18 2014]
Why more banks are raising capital- Razia Khan [Published Daily Newswatch - Aug 18 2014]
Implications of ATM charges on cashless policy,... [Published Nigerian Tribune - Aug 18 2014]
Bankers Committee to clear N25bn gas debt [Published SweetCrude Reports - Aug 15 2014]
CBN, banks to offset N25b PHCN legacy debt [Published The Nation Nigeria - Aug 15 2014]
FG Earmarks N33bn Credit Line [Published This Day Online - Aug 15 2014]
Banks agree to pay N25bn PHCN debt [Published Nigeria Punch - Aug 15 2014]
CBN, banks mull support fund for vulnerable, fo... [Published Business Day Nigeria - Aug 15 2014]
CBN, banks to offset N25bn owed by defunct PHCN... [Published Daily Sun - Aug 15 2014]
Gas, key to Nigeria’s development – Seven Energy [Published Daily Newswatch - Aug 13 2014]
Nigerian Banks to Intensify Capital Raising [Published This Day Online - Aug 13 2014]
Checking an insatiable urge [Published The Nation Nigeria - Aug 13 2014]
'Why Nigeria Must Harness Its Gas Potentials' [Published Individual.com - Aug 12 2014]
Gas, Key to Nigeria’s Development, Says Seven E... [Published This Day Online - Aug 12 2014]
‘Gas’ll enhance Nigeria’s global relevance [Published The Nation Nigeria - Aug 12 2014]
CEBIH to Boost CBN’s Cash-less Policy Drive [Published Business World Intelligence - Aug 11 2014]
Don sues banks over Internet fraud [Published Nigeria Punch - Aug 11 2014]
Ecobank Nigeria sells $200m in notes for capital [Published Nigeria Punch - Aug 08 2014]
Ecobank Nigeria Raises $200m Tier-2 Capital [Published This Day Online - Aug 08 2014]
Ecobank ignores warnings of Africa investor mal... [Published GlobalCapital - Aug 06 2014]
CEBIH to boost CBN’s cash-less policy drive [Published Nigeria Punch - Aug 06 2014]
FBN Capital arranges Oando’s ConocoPhillips ass... [Published Nigeria Punch - Aug 04 2014]
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HAZMAT - Africa - Nigeria [Published RSOE EDIS - Emergency and Disaster Information - Mar 07 2014]
EDIS Number: HZ-20140307-42930-NGA Date / time: 07/03/2014 04:12:01 [UTC] Event: HAZMAT Area: Africa Country: Nigeria State/County: State of Lagos Location: Lagos [Ogba Junior Grammar School] Number of Deads: N/A Number of Injured: 13 perso ...
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