Business

Ecobank Extends Zero Charge for Digital Money Transfers

Ecobank has extended its zero charge fee for digital money transfers below N5,000 till the end of September this year. In addition to the free USSD session fee currently enjoyed by Ecobank customers, users of Ecobank Mobile, Ecobank Online, USSD – Ecobank *326# can continue to enjoy zero fee charge for digital money transfers below […]

Read More
Business

UK High Commissioner Congratulates Royal Academy COVID-19 Project Grand Winners from Nigeria

The UK’s High Commissioner to Nigeria, Catriona Laing has congratulated three Nigerian beneficiaries of the 2020 Royal Academy of Engineering Project CARE (COVID Africa Rapid Entrepreneur) initiative in response to COVID 19. The three Nigerian beneficiaries were: Chinenye Justin Nwaogwugwu of Macjames Global Resources Limited who manufactures MACJAMES ® HandSafe instant hand sanitizer with moisturiser, […]

Read More
Business

Experts Task Nigerians on New Business Culture to Adapt, Stabilise in COVID-19 Era

Nigerians have been advised to move from the realm of denial, anger and accept the reality of the ‘new normal’ occasioned by COVID-19 pandemic by properly articulating their goals and developing a financial plan based on available resources. Managing Director, EDC Fund Management Limited, a subsidiary of Ecobank Group, Mr. Olufela PopoolaThis who gave the […]

Read More
Business

Batch Eight of EcoBank Academy Intake Graduate Virtually

For the second time in two months, Ecobank Nigeria has hosted another set of its trainees from its state of the art academy to a virtual graduation ceremony who were automatically absolved into full time employment. The Ecobank Nigeria Management Trainees Batch 2 (EMDP 2) comprises 53 graduates who were trained at the Ecobank Nigeria […]

Read More
Business

NCC Signs MoU with FIRS to Verify VAT Amount Payable by MNOs in Every Transaction

The Nigerian Communications Commission (NCC) has signed a Memorandum of Understanding (MoU) with the Federal Inland Revenue Service (FIRS) to ensure the tax agency ascertain accuracy and completeness of value added tax (VAT) elements and other taxes payable in the transactions of telecoms operators. With the MoU, the FIRS will be able to integrate an […]

Read More
Business

MTN Nigeria Respond to FIRS Early Corporate Tax Payment Request, Makes First Instalment

Update on corporate taxpayer support for FIRS MTN Nigeria has responded to the request from the Federal Inland Revenue Service (FIRS)asking corporate bodies to fulfil their tax obligation ahead of the expected date to enable the Nigerian government tackle the financial challenge that the COVID-19 pandemic has suddenly brought upon the nation. In a joint […]

Read More
Business

Ecobank Xpress Points Agents Design to Build Entrepreneurs, Support Financial Inclusion

Ecobank Nigeria has reiterated that its agency banking scheme, also known as Xpress Points, is building entrepreneurs and pushing financial inclusion to the large unbanked and under-banked population in Nigeria. The Ecobank Xpress Point enables eligible Agents to carry out financial transactions on behalf of Ecobank and earn commission on every transaction processed. The consumer […]

Read More
Business

SMS Business Messaging to Hit 3.5 Trillion Messages in 2020 as Tourism Industry Collapse

SMS business messaging traffic will reach 3.5 trillion messages in 2020; rising from 3.2 trillion in 2019. This represents a growth of 7%, despite the economic impacts of COVID-19. SMS business messaging enables brands and enterprises to leverage SMS for use cases including notifications and authentication messages. Despite the collapse of the tourism and aviation […]

Read More
Business

COVID-19: Ecobank and Google Collaborate to Keep Children Learning

Ecobank Group, the pan-African Bank, is leveraging its distribution and partner networks to raise awareness of literacy apps in the Google Play Store to support the education of children who are at home due to the COVID-19 pandemic. As COVID-19 continues to affect everyone’s lives, Ecobank is committed to protecting the health, safety and wellbeing […]

Read More
Business

COVID-19: Fidelity Bank Reassures Customers, Staff of Safety Measures

Fidelity Bank says it will continue to take measures that will ensure the safety of customers, staff and other stakeholders during the period of COVID-19. The bank, in a statement said its Chairman, Mr Ernest Ebi, gave the reassurance at the bank’s 32nd Annual General Meeting (AGM) held recently in Lagos. Ebi said the bank […]

Read More