Net Open Operation: Reps Uncovers Five Banks Withholding $5bn Forex

Eko Hot Blog reports that the House of Representatives on Wednesday uncovered five banks withholding five billion dollars in forex. Worried by the instability in the foreign exchange market in the country, the House mandated the joint Committees on Banking Regulations and Banking Institutions to conduct an investigative hearing into the non-compliance by banks and … Read more

Sanwo-Olu To Private Sector: Lagos Will Always Provide An Enabling Environment For Investments

The Lagos governor continues to pitch his government as one that prioritises bringing in investments. At a recent event, Sanwo-Olu stated that the state needs private sector players to utilise the opportunities in the state. He also noted that his administration is looking to make Lagos a hub for innovation and talent. Eko Hot Blog … Read more

Wigwe’s Blueprint for Access Bank Aggressive African Expansion

Access Bank

The Managing Director/Chief Executive of Access Bank Plc, Mr Herbert Wigwe, in an interview with Cable News Network (CNN) speaks on the bank’s move to break more grounds and expansion move into other African nations EKO HOT BLOG gathered that Access Bank Plc is putting in more effort to conquerer the African nations in a … Read more

Ecobank Partners Future Face Africa On Africa’s Largest Model Search Competition

Ecobank Nigeria has entered into partnership with Future Face of Africa for a new talent search that will be the largest scouting competition Africa has ever seen. Future Face will focus on new talents, both male and female, and will attract thousands of candidates within Africa to take part in this extraordinary competition. Selected models … Read more

Ecobank Partners NiDCOM To Rally Nigerians Abroad for National Development

Ecobank has partnered NiDCOM to rally Nigerians abroad for national development. The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has stated that the bank is privileged to work closely with the Nigerians in Diaspora Commission, (NiDCOM) and will continue to pursue one of its key mandates of helping to enhance the economic development and integration of … Read more

Ecobank To Host Regional Trade Forum 2020

All is set for Ecobank Nigeria’s 2020 Regional Trade Forum in Lagos. The forum taking place in March, will be a two-day event, providing the opportunity for exporters and importers within the African region to exhibit their products in a marketplace scenario with panel discussions by highly experienced and diversified stakeholders and leaders of thought … Read more

Food Security Critical For Enhancing National Security – Ecobank MD

Managing Director, Ecobank Nigeria, Patrick Akinwuntan says the Ecobank Agribusiness Summit was an initiative to create a common platform that brings together partakers in the Agric value chain, be it producers, processors, logistics entrepreneurs, insurance practitioners and others within the sector to think a better approach to agriculture sustainability for Nigeria. The bank Managing Director … Read more

Ecobank Trains Female Entrepreneurs Digital Marketing Skills

As part of its initiative to continuously encourage female entrepreneurs in the country, Ecobank Nigeria last week in Lagos trained over 140 female business owners on digital marketing skills in its state-of-the-art Academy. The empowerment programme organized by Ecobank Female Entrepreneurs’ Initiative (EFEI) drew participants from Lagos and its environs. EFEI program which was launched … Read more

Ecobank To Open N70bn Agricultural Financing Scheme

Ecobank Nigeria has announced an Agriculture Businesses Finance Scheme where it plans to disburse additional loan of N70 billion for practitioners in different value chains of Agriculture within the next two years. This announcement is coming just as the bank is set to organise Nigeria’s Biggest Agribusiness And Food Summit in February 2020. The Agribusiness … Read more

EcobankPay Hits N2bn Transactions Value;100,000 Merchant online Onboard

Ecobank Nigeria says over 100,000 merchants have been on-boarded on the EcobankPay platform with transaction value reaching N2billion. EcobankPay offers customers a multi-channel payment experience that includes Mobile QR Payment at merchant stores (mCash, Masterpass and mVisa), Merchant QR is set up via Facebook Messenger as well as USSD payment for low-income phone users. EcobankPay … Read more