The Super Rewards Campaign is a customer-focused initiative designed by Ecobank Nigeria to reward customers’ loyalty and consistent use of the bank’s electronic payment platforms.
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The Court dismissed an appeal by Honeywell challenging the Court of Appeal judgement in a debt dispute with Ecobank.
According to the report, though “ENG has a moderate market share of Nigeria’s banking sector assets (3.9% at end of 2021), its franchise gets an edge and benefits from being a subsidiary of Ecobank Transnational Incorporated (ETI; B-/Stable), a large pan-African banking group with operations spanning 33 countries across Sub-Saharan Africa (SSA)” .
The four months campaign which ran between November 2021 and February 2022 had also seen a total of 800 customers winning N25,000 weekly in batches of fifty per week. Seasons 1 and 2 of the Super Rewards Campaign have produced a total of 8 Millionaires and 1600 customers winning N25,000 weekly.
Fitch has simultaneously upgraded the bank’s National Short-Term Rating to ‘F2(nga)’ from ‘F3(nga).’
O&O Networks Limited, a special purpose vehicle owned by the Ecobank Group, says contrary to certain media reports, there is no forfeiture order of the Federal High Court of Nigeria in its proceedings that is directed against Ecobank Transnational Incorporate or Ecobank Nigeria Limited.
Ecobank Nigeria Limited has stated that EcobankPay, a special merchant QR Code product of the Pan African Bank, has continued to enable customers make seamless payment for goods and services across the three major payment platforms without the use of plastic cards.
The bank, in a statement signed by the management of the bank, said contrary to the picture being painted by Honeywell Group, it is unhindered by the continued attempts to coerce the public into believing that the company has fully paid its overdue debt.
The announcement was announced in a statement by the bank on Thursday.
The company has largely been operating on the social media, especially WhatsApp, in carrying out its soliciting for investment
This latest promotion exercise, which affected about 30 per cent of core employees of the bank, is in line with the Bank’s commitment to recognizing and rewarding excellence and exceptional performance.
The Managing Director of the Bank, Charles Kie, says the move is part of the bank’s transformation agenda
Justice Dagat delivered the ruling on Monday on the basis that Ecobank’s suit was an abuse of court process