Browsing: Ecobank Nigeria

Led by the seasoned Pan-African financial services expert Patrick Akinwuntan, Ecobank Nigeria has been bolstering its digital capabilities and human capital with the goal of delivering optimum value for clients and shareholders across several value chains. It is in this line that  Babajide Sipe was recently appointed to Head the Marketing and Corporate Communications department for Ecobank Nigeria. An experienced Marketing & Brand Manager, Sipe’s multi-faceted career, which cuts across several fields, industries and regions within the country and abroad will come to play in leading and enriching the Bank’s Marketing and Communications efforts with in-depth expertise, top-notch creativity and an extensive breadth of value-adding networks.

She disclosed that the bank currently parades 30,000 agent locations across the country, stressing that the agency banking scheme is driving entrepreneurship, providing employment opportunities and supporting micro, small and medium enterprises (MSMEs).

Ambassador Mariam  Katagum in her goodwill message at the Ecobank-Vanguard Digital Summit with the theme: “Unlocking Credit Growth in a Changing Consumer and MSME Digital Lending Landscape”  last Friday, stated that the Muhammadu Buhari –led administration is strategically positioning the MSMEs towards achieving their full potential with a view to contribute more to the economy of the nation, stressing that the financial sector has a great role to play in this regard.

Commenting on the partnership, Executive Director, Commercial Banking, Ecobank Nigeria, Carol Oyedeji, said the collaboration is in line with the bank’s empowerment and entrepreneurship initiatives to reduce unemployment in various parts of the country. She stressed that the collaboration will be mutually beneficial to both parties as it would achieve sustainable business growth and overall skill development amongst MSMEs operating in Lagos state. She pointed out that the partnership will engender structured capacity building, technology skill acquisition, access to business mentoring and access to finance.

Speaking at the maiden edition of the Diaspora Quarterly Lecture Series with Ecobank as the sole banking partner which took place on Saturday, 8th May, 2021, he noted that Ecobank remains a critical bridge for Nigerians abroad, as it has made huge investments in the necessary platforms to enable them connect with home seamlessly.  The event held online and had over 2000 participants from across all the continents in attendance.

Korede Demola-Adeniyi, Head, Consumer Banking, Ecobank Nigeria, who announced the commencement of the campaign in Lagos , said the scheme is designed by Ecobank to reward customers’ loyalty, explaining that 50 customers with the highest deposit will be rewarded with cash prizes worth N25,000 weekly. The campaign runs between March and July 2021.

Kola Adeleke, Executive Director, Corporate Banking, Ecobank Nigeria, made this assertion while speaking on African Continental Free Trade Area strategy, opportunities, challenges in export and trade at Ecobank/Nigerian Export Import Bank webinar for exporters on Thursday.

Korede Demola-Adeniyi, Head, Consumer Banking, Ecobank Nigeria, who announced this in Lagos, stated that the decision was in line with the CBN’s directive and fully aligns with efforts to encourage the inflow of diaspora remittances into the country.

He pointed out that the bank recognises MSMEs as the drivers of post COVID-19 economic recovery for Nigeria, stressing that additional funding support from the bank would further generate and bolster activities in the sector, thereby driving the much-needed growth in the country, provide jobs and support wealth creation.

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan, who stated this in Lagos, reiterated Ecobank’s commitment to be the foremost financial institution in the country providing thought leadership within the Small and Medium Enterprises space and also supporting them with access to financial products and services to succeed.

Emeka Agada, Head, SME, Ecobank Nigeria, says the programme, which is being syndicated across 10 radio stations in Nigeria, is one of the several initiatives the bank is deploying to empower its SME customers with the right resources to thrive.