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Ecobank Nigeria to appeal Honeywell's purported N72b court judgement

Ecobank Nigeria to appeal Honeywell’s purported N72b court judgement

News July 19, 2023 at 1:01 pm 0 comments

  Ecobank Nigeria Limited has said  it will appeal a judgement delivered by the Federal High Court in Lagos, presided over by Hon. Justice Liman, in favour of Honeywell Flour, against the bank.   The Lagos Federal High Court had, in the judgement, ordered the bank  to pay the sum of N72 billion, a judgement described by the bank asRead More

NMMP 11 implementation may sack local meter manufacturers - MAN

NMMP 11 implementation may sack local meter manufacturers – MAN

News July 17, 2023 at 11:13 am 0 comments

The Manufacturers’ Association of Nigeria (MAN) has stated government’s implementation of the National Mass Meter Manfacturing Programme (NMMP) Phase II World Bank-funded supply of 1.2million smart energy meters may displace local meter manufacturers and assemblers. Expressing these concerns in a statement issued over the weekend, the Director General of the Association, Segun Ajayi-Kadir, described the advertised financial requirements, and theRead More

You can't impose uniform  prices, FCCPC warns AMMBAN

You can’t impose uniform prices, FCCPC warns AMMBAN

News July 14, 2023 at 2:35 am 0 comments

Babatunde Irukera The Federal Competition and Consumer Protection Commission (FCCPC), has warned Point of Sales  (PoS) operators, under the aegis of the Lagos Chapter of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), against setting  uniform prices for a range of transaction services.   The Executive Vice Chairman of the Commission, Mr. Babatunde Irukera, in a statement, Read More

Jumia Report puts phones, perfumes, men's clothing, as most demanded in Nigeria's rural areas

Jumia Report puts phones, perfumes, men’s clothing, as most demanded in Nigeria’s rural areas

News July 13, 2023 at 3:24 pm 0 comments

    A study released by popular e-commerce platform, Jumia, recently, has identified  phones, beauty items and perfumes, men’s Clothing, home (furniture, bedding, )  and men’s shoes as the most popular in  Nigeria’s secondary cities and rural areas, and therefore belong to the most sought-after categories by consumers in those areas.   Tagged “E-Commerce in Rural Areas”, the Report alsoRead More

With our Mobile, Omnilite apps, customers can send money across Africa, in seconds -Ecobank

With our Mobile, Omnilite apps, customers can send money across Africa, in seconds -Ecobank

News July 13, 2023 at 2:17 pm 0 comments

   The management of Ecobank Nigeria has stated customers of the bank will further have their banking experience enhanced, as  the bank’s Mobile and Omnilite apps allow such customers to  transfer money, in seconds, to 33 African countries, where Ecobank Group operates,  and with the recipient getting immediate credit in the target country’s local currency.   Announcing this new developmentRead More