Ecobank Archives - The Octopus News

Oba Otudeko Is Indebted To Us, Reject His Share Purchase, Ecobank Writes FirstBank

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...

Business1 year ago

Oba Otudeko In Big Trouble As Court Gives Ecobank Nod To Add Two Notable Companies As Defendants In Debtor Recovery Suit

A Lagos Federal High Court, today, granted Ecobank Plc, leave to join Dr. Oba Otudeko, Flour Mills of Nigeria Plc and Honeywell Group Limited as...

Business3 years ago

Caveat Emptor: ‘Buy Otudeko’s Honeywell at Your Own Risk’…Ecobank Warns

The sweetheart proposition by Flour Mills of Nigeria Plc to acquire a major stake in Honeywell Flour Mills Plc may have been scuppered by Ecobank Nigeria Limited which...

Business5 years ago

Nigeria has potential to feed Africa’s 1.2bn people – Ecobank

Leading pan-Africa financial institution, Ecobank, has revealed that Nigeria has the capacity to feed Africa’s estimated 1.2 billion people if it harnesses the gains of the...

Business5 years ago

Economy In Q3 2019 : Ecobank, Standard Chartered Lead In Capital Importation To Nigeria

National Bureau of Statistics (NBS) says Ecobank Nigeria and the local unit of Standard Chartered Bank have joined Stanbic IBTC Bank to become foreign investors’ favourites...

Business5 years ago

Investment Deals: Ecobank Turns Darling Of Foreign Investors

Ecobank Nigeria is now one of the favourites financial institutions for investment deals by foreign investors. This much was revealed by the National Bureau of Statistics...

Society5 years ago

About Patrick Akinwuntan’s Magic Wand

Indeed, there are but a few men with the touch of King Midas, a touch that turns everything to Gold. Yet some men have something...

Business5 years ago

Seplat, Ecobank Listed Among Worst Stocks As NSE Ends Trading In Negative

The Nigerian Stock Exchange (NSE) ended Friday’s trading session in negative territory. The All Share Index closed at 27,918.59 basis points, down 0.26%. Year to date, the index...

Business5 years ago

Severance Allowance: Group Threatens To Shutdown Ecobank***Says We Are Not Slaves

Aggrieved ex-staff of Ecobank have threatened to shutdown all of its Abuja branches. Expressing disappointment at the bank’s severance package, the group described it as nothing...

Business5 years ago

Court Declares Honeywell Victorious In Four Years Legal Battle With Ecobank

A Federal High Court sitting in Lagos State has declared Honeywell Group victorious in a four year long legal battle with Ecobank. The protracted matter is...