Business

Uncertain Future for Ugandan Workforce as Labour Day Holds

As Uganda joins the rest of the world to mark International Labour Day on May 1st, 2020, the biggest percentage of the country’s labour force is grappling with uncertain future over whether they will be working gainfully in the coming months. A new research by Success Africa and Ultimate Multimedia Consult has shown that many […]

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Business

Seplat’s Significant Cash Resources Provide Strong Resilience to Oil Volatility, Says CEO

Seplat Petroleum Development Company Plc, a leading Nigerian independent oil and gas company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has assured that its increasing revenue from gas, low oil price hedging and good cash standing, provide strong resilience to the current oil price volatility. This position is […]

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Business

AUDA-NEPAD and Ecobank Group to Establish Continental Framework for African Micro-Small-Medium Enterprises

AUDA-NEPAD Chief Executive Officer Dr. Ibrahim Assane Mayaki and Ecobank Group Chief Executive Officer Mr Ade Ayeyemi have agreed to collaborate on a continental initiative to support African Micro and Small-Medium Enterprises (MSMEs) as they face the economic and social challenges posed by the COVID-19 pandemic. The objectives of the initiative are to: Create a […]

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Business

Ecobank Applauds Medical Personnel, Security Operatives Over and Others Fight Against COVID-19

Ecobank Nigeria has commended those contributing to keeping the country safe as the world battles the dreaded Coronavirus pandemic. According to him, this group of people have continued to put the needs of others first and show sacrificial love to support the country’s effort at containing the scourge, stressing that, the Bank remains grateful for […]

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Business

Bloomberg Philanthropies Announces New $40m Coronavirus Global Response Initiative

Just days after Mike Bloomberg launched a program to help American mayors improve their coronavirus response, Bloomberg Philanthropies has announced additional actions and funding to combat the pandemic on a global scale. The new $40 million global initiative will support immediate action to prevent or slow the spread of COVID-19 in vulnerable low- and middle-income […]

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Business

Ecobank Counsels Customers on Coronavirus, Urges Use of Other Platforms

Valued Customers, The World Health Organization (WHO) has declared the coronavirus (COVID-19) as a global pandemic, following the unprecedented spread across the world and very sad deaths occasioned by the virus. Our most sincere thoughts and prayers are with all families who have lost loved ones as we wish those infected speedy recovery. At Ecobank, […]

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Business

Banks and Other Financial Services to Operate During COVID-19 Lockdown

The Minister of Finance, Budget and Planning and the Governor of the Central Bank of Nigeria obtained Presidential approval to permit critical financial services to function It will be recalled that President Muhammadu Buhari had issued a directive restricting the movement of people – excluding those on essential service – with effect from 11pm on […]

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Business

COVID-19: NNPC,Total,Other Oil Firms Donate $30m to Federal Government

The Nigerian National Petroleum Corporation (NNPC) and 33 oil and gas companies have contributed $30 million, about N11.4 billion to enable the Federal Government fight Coronavirus (COVID-19) in Nigeria. Speaking in Abuja, Group Managing Director of the NNPC, Mallam Mele Kyari, disclosed that the donation was targeted at supporting healthcare delivery facilities in the nation. […]

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Business

Ecobank Donates N100M to “StaySafeNigeria” Campaign on FRCN , Announces Zero Charge for Digital Money Transfers

Ecobank Nigeria is committing about a hundred million naira to drive its National Radio Campaign “StaySafeNigeria”, being part of its corporate actions to support measures to check the rising spread of Coronavirus. The campaign which is a call to action, creating awareness and educating the populace on safety measures to adopt against the dreaded COVID […]

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Business

Ecobank Xpress Save & Xpress Loan is Designed to Stimulate Micro Savings, Says MD

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan said the Ecobank Xpress Save and Xpress Loan is a digital product designed to stimulate micro savings in the economy. According to the bank Managing Director, this innovative product is part of the bank’s overall strategy to drive financial inclusion and make full banking truly accessible to all […]

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