₦airaland Forum

Ecobank Nigeria has taken its digital product, EcobankPay Zone to the South East market with a launch at the popular Ariaria Market, Aba. Managing Director, Ecobank Nigeria, Patrick Akinwuntan while launching the product at the market said it will facilitate easy, secure and convenient transactions for merchants within Ariaria and other surrounding markets. The EcobankPay Zone is a digital payment hub enabling businesses within a location adopt Ecobank’s wide range of digital products for ease of payments for goods and services. “It is our determination to create ease of payment and boost economic activities most especially in a town like Aba, renowned for indigenous production of shoes and textiles. Our digital offering will be an opportunity for both buyers and sellers to increase their sales in an enhanced and secured way and without fear. The EcobankPay digital hub makes it easy for the seller to be paid instantly and buyers pay with ease and also have rest of mind associated with doing business without carrying cash around. Our Xpress point is also around for you to transact with ease, in as much as you have your phone you can bank with Ecobank. “The initiative of the Ecobankpay zone is to deepen financial inclusion in the communities and specifically aid business transactions between merchants and clients. EcobankPay’s unique offering is that anyone from any bank in Nigeria can pay with MasterPass, mVISA and mCASH with any phone by scanning QR code or using USSD”. “if the person that wishes to buy goods from you is coming from a bank that has mVisa and wishes to pay, the same QRcode would accept an mVisa payment and vice versa. That creates synergy between us and the other banks and convenience for the merchants. And as you know, the QRcode is much cheaper than having a point of sale (PoS),” he said. Mr Akinwuntan made an example of how the EcobankPay works by buying a pair of shoes from one of the Aba traders and make payment through QR scan and the seller received alert instantly. UNIPORT’s ‘No payment, examination charges’ Policy: We’re not being Wicked – VC EcobankPay is a fresh innovative payment solution that enhances transactions between merchants and their customers by eliminating risk of payment rejection and also delivers same day value and sales transparency for merchants. This is unlike the traditional ways that payments are made using cards on PoS where merchant, the small business person, the trader, the supermarket owner, the distributor that is holding a POS needs to wait for at least one day to get the value of the payment. EcobankPay enables the merchant receive credit instantly. This is very important for working capital particularly for small businesses. Ecobankpay enables easy tracking of customers business profiling for quick access to credit, save faster, reduces the risk of security in terms of exposure to cash or exposure to pilfering of merchant’s credentials. The beauty of the Ecobankpay is in the cost of setting up as the shop owner simply print the QR code on a paper and can stick it anywhere and do not run any risks”.

It was excitement and fun at Oluwole Market, Lagos Island, as Ecobank Nigeria launched its innovative digital payment solution, EcobankPay zone in the market on Wednesday.

Traders and market leaders who spoke at the event were filled with commendation for Ecobank for introducing EcobankPay zone to their markets, stressing that it would bring ease of transactions in Lagos Island generally.

Speaking on behalf of the market leaders, the Head of the Market Women (Iya Oja), Oluwole Plaza Market, Mrs Josephine Onwudiwe, said EcobankPay zone could not have come to the market at a better time, stressing that the digital payment solution would go long way to boosting activities in all the markets on the Lagos Island.

Onwudiwe who traced a long relationship between Ecobank and the traders thanked Ecobank management for selecting Oluwole market for the launch, stating that she would personally ensure all the traders in the market adopt and maximize the opportunity provided with the EcobankPay zone.

“On behalf of the traders in this market, I wish to thank Ecobank for bringing this payment technology to this market. I will personally ensure all of us in this market utilize this opportunity.”

In her testimonial on Ecobank Xpress point, Mrs Adunny Danmole attested to the benefits of the services, urging traders in the market and people living in the community to embrace the EcobankPay zone and other products of the bank.

According to her, since she enlisted as a Xpress point merchant of the bank, her business has received major boost, urging Ecobank to spread EcobankPay to all the major markets in the country

Speaking at the launch, Executive Director, Commercial Banking, Carol Oyedeji reaffirmed the bank’s commitment to ensure Nigerians get quality banking transactions and good business dealings at market locations. She emphasized that the digital payment zone will further boost easy and convenient transactions in the market place.

“The EcobankPay initiative would deepen financial inclusion in the community and specifically aid business transactions between merchants and clients. EcobankPay’s unique offering is that anyone from any bank in Nigeria can pay with MasterPass, mVISA and mCASH with any phone by scanning QR code or using USSD”. She noted.

Mrs Oyedeji called on the traders and other people living around the market to embrace the innovative pay zone. She explained that customers and non-customers of the bank who patronize the market will now have quick access to the bank’s digital payment offerings, as it would remove the stress and boredom associated with delays in paying for goods in the market.

“The Lagos Island markets are dear to our heart. Today we bring good news to traders in this popular market and others that live in this vicinity. EcobankPay will make transaction simple and easy. It will create payment convenience for good and services and growing various businesses across the country. You do not need to be a customer of Ecobank. If the person that wishes to buy goods is coming from a bank that has mVisa and wishes to pay, the same QR Code would accept mVisa payment and vice versa. That creates convenience for the merchants. The QR Code is much cheaper than having a point of sale (PoS).” she noted.

EcobankPay is free to set up as the shop owner only needs his/her QR code and phone for notifications to start receiving quick and easy payments. EcobankPay, a special merchant QR Code product of the Pan African Bank, enables customers make seamless payment for goods and services across the three major payment platforms without the use of plastic cards.

For the merchants, the beauty of the EcobankPay is in the cost of setting up, as the shop owner simply prints the QR Code on a paper and can stick it anywhere and do not run any risks.
It would be recalled that the Bank had launched similar pay zones in Alaba International market and Amu market, Mushin.

Ecobank Nigeria has taken its innovative digital payment solution, EcobankPay to the ancient town of Ikorodu, a Lagos suburb. This, the bank said is in its plan to create ease of payment and boost economic activities in major market clusters across the country. The bank designated the popular Bale market, Ikorodu as an EcobankPay zone

Speaking at the launch, Executive Director, Commercial Banking, Carol Oyedeji restated the determination of the bank to ensure Nigerians get quality banking transactions and good business dealings, stressing that the digital payment zone will further boost easy and convenient transactions in the market place.

The initiative, according to her, would deepen financial inclusion in the community and specifically aid business transactions between merchants and clients. She reiterated that the EcobankPay’s unique offering is that anyone from any bank in Nigeria can pay with MasterPass, mVISA and mCASH with any phone by scanning QR code or using USSD.

She called on the traders and other people living around the market to embrace the innovative pay zone. She explained thatcustomers and non-customers of the bank who patronize the market will now have quick access to the bank’s digital payment offerings, as it would remove the stress and boredom associated with delays in paying for goods in the market.

“Today, we bring good news to traders in this popular market and others that live in this vicinity. EcobankPay will make transaction simple and easy. It will create payment convenience for good and services and growing various businesses across the country. You do not need to be a customer of Ecobank. If the person that wishes to buy goods is coming from a bank that has mVisa and wishes to pay, the same QR Code would accept mVisa payment and vice versa. That creates convenience for the merchants. The QR Code is much cheaper than having a point of sale (PoS).” she noted.

In her comment, the head of the Market Women, (Iya oja, Bale market), Alhaja Kehinde Abiola appreciated the bank for keeping its promise to bring easy banking to the market.

In her words “this is part of market development we crave for; this will reduce the large quantity of cash in our market, meaning more secured way to do our business. We encourage all traders to adopt the products introduced by Ecobank for ease of business for us all and our future generation”.

In their testimonials, Ecobank Xpresspoint agents and EcobankPay merchants alluded to the benefits of the services, urging traders in the market and people living in the community to embrace the EcobankPay zone and other products of the bank. Specifically, an agent, Odufuwa Olusegun, commended Ecobank for bringing banking services closer to the people.

According to him, “Life has become easy for the people in my local community since I started the Xpress point services. Customers daily troop to my shop to do small financial transactions without any stress and whenever, there is hitch, the bank gives us quick attention.”

EcobankPay is free to set up as the shop owner only needs his/her QR code and phone for notifications to start receiving quick and easy payments. EcobankPay, a special merchant QR Code product of the Pan African Bank, enables customers make seamless payment for goods and services across the three major payment platforms without the use of plastic cards.”

For the merchants, the beauty of the EcobankPay is in the cost of setting up, as the shop owner simply prints the QR Code on a paper and can stick it anywhere and do not run any risks.

It would be recalled that the Bank had launched similar pay zones in Alaba International market and Amu market, Mushin.

Photo Caption. FromL eft: Ecobank customer, Pastor Idowu Olukoya; Regional Head, Lagos Branch Network, Ecobank Nigeria, Mojisola Oguntoyinbo; Head, Market men (Baba Oja), Bale Market, Ikorodu, Aliu Muyideen and Executive Director, Commercial Banking, Ecobank Nigeria, Carol Oyedeji at the launch of EcobankPay zone at Bale market, Ikorodu on Tuesday

Ecobank Nigeria over the weekend carted away the “Electronic Data Rendition Compliance and Integrity” Award at the 2019 edition of the Central Bank of Nigeria (CBN) Electronic Payment Incentive Scheme (EPIS) Efficiency Awards. The CBN EPIS Efficiency Awards is organized to celebrate financial institutions, merchants and other stakeholders at the forefront of driving electronic payment in Nigeria. Now in its fourth edition, the awards are based on objective analysis of all E-payments data collated by the Nigeria Inter-Bank Settlement System (NIBSS) over a full calendar year.

According to the NIBSS, the annual award puts into consideration electronic payment transactions data rendered to CBN by Banks and other licensed payments service providers as well as public voting and surveys administered to industry stakeholders for transactions within the year under review.

Commenting on the award, Managing Director, Ecobank Nigeria, Patrick Akinwuntan stated that the award lends credence to the accuracy and integrity to “our electronic data and the proper rendition and compliance to the regulator’s standard. This also attests to Ecobank’s digital contributions and innovation in the Nigerian financial sector. We are using our digital strength to push financial inclusion in Nigeria. Our array of electronic products include the EcobankPay, Rapidtransfer, Omni-Lite”.

Further he reiterated that Ecobank is “excited to receive the NIBSS award for outstanding performance in Electronic Data Rendition, Compliance and Integrity. We are at the forefront of financial inclusion in Nigeria. Our digital offerings have simplified financial transaction processes and are safe, fast and reliable. There are testimonies on the efficiency of our products and we are happy that the regulators recognize our efforts”.

Nigeria Inter-Bank Settlement System Plc (NIBSS) is owned by all licensed banks including the Central Bank of Nigeria (CBN). It possesses modern world-class infrastructures for handling inter-bank payments to remove potential bottlenecks associated with inter-bank funds transfer and settlement. The company also operates the Nigeria Automated Clearing System (NACS) which facilitates the electronic clearing of cheques and other paper based instruments, electronic funds transfer, Automated Direct Credits and Automated Direct Debits.

The Central Bank of Nigeria (CBN) has recognized and awarded Ecobank Nigeria on its laudable sustainability and Corporate Social Responsibility (CSR) initiatives. The CBN at its 2018 annual awards for sustainability in Lagos, recognized Ecobank’s activities in four categories which include Sustainability Bank of the Year;; Sustainability Bank of the Year -oil and gas; Sustainability Bank of the Year -power sector and the Women Empowerment category – the bank was first runners up in all four categories. These recognitions are an acknowledgement not only of the bank’s efforts at supporting industrial sector development but also in the development of efficient sustainability programmes for the good of the citizenry.

The CBN Sustainability Awards – a part of the Nigerian Sustainable Banking Principle, NSBP, initiated in 2012, is an award that appreciates the efforts of financial service providers who have been able to successfully integrate social and environmental considerations into their operations, spanning across their processes and strategies.

In his comment, Managing Director, Ecobank Nigeria, Patrick Akinwuntan, said: “it is a deliberate policy of Ecobank Nigeria to embark on sustainable projects that impact people and the environment. Last year we focused on removing plastic waste and other non-biodegradable elements from our streets, and this recorded huge success. We engaged young people to gather and bring to us at least one million plastic and glass bottles from homes, offices and drainages; these we bought from them for proper disposure by the authorities. This was done over a week period tagged the ‘Ecobank sustainability week’ during which we also organized symposia for secondary schools students to create awareness on tackling plastic wastes. On the CSR front, in 2018 we constructed boreholes for schools across the country and also embarked on many other CSR activities.”

Further he said, Ecobank is proud of its contributions to the development of the nation’s economy through its support for the oil and gas and power sectors. “I dedicate the awards to staff and customers of the bank who worked relentlessly towards maintaining high sustainable standards that has earned us the CBN awards. I assured that the bank will continue to embark on initiatives that impacts the people, environment and the economy”.

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan, has said the bank’s recently upgraded online banking platform for businesses called Omni Lite, is versatile, secured and user- friendly.

In a statement, he urged business owners to take advantage of the services available on the platform which had been specifically optimised for them.

He stated, those in the commercial sector such as small and medium enterprises, faith-based organisations, educational institutions, non-governmental organisations, and government institutions, among others, could manage their transactions effectively and access an array of tailor -made solutions designed to empower their businesses.

Akinwuntan said that Omni Lite was primarily designed with business owners in mind.

“It comes with features to enhance businesses such as efficient and seamless cash flow management, easy view of all accounts and expenses in one place, convenient salary payment with bulk payments upload, management of loan payments, exchange rates calculation and other interesting features,” he added.

Akinwuntan stated that with Omni Lite, customers had access to real time transaction details, domestic and interbank funds transfers and online loan requests.

The platform, he added, “comes with best in its class security tools to ensure that users are protected.”

A Federal High Court in Ikoyi, Lagos, has ordered the remand of Ifeanyi Chukwu Azike, a former manager of Ecobank Nigeria, over allegations of defrauding the bank’s customers to the tune of N411million. Azike, who was handed over to the police by the investigative unit of the bank was arraigned before Justice Ayotunde Faji on Tuesday, by the Special Fraud Unit (SFU) of the Nigeria Police Force on a three-count charge bordering on obtaining money under false pretences, false representation and fraud. The defendant, however, pleaded not guilty to the charge upon his arraignment.



Following his plea of not guilty, police prosecutor, ASP Daniel Apochi urged the court to remand him in prison pending trial. Consequently, Justice Faji ordered that the defendant be remanded in prison till 8th of March, 2019 when his bail application would be heard. In a charge marked, FHC/L/56c/2019, the police alleged that between 2016 and 2017, Azike fraudulently obtained N150 million from a customer of Ecobank Nigeria under false pretence of buying him Federal Government Treasury Bill in his bank.



Azike was also alleged to have forged the bank customer’s signature, picture and letter of Instruction which he used in opening another parallel account as Ikenna Okafor Kelvin with account number: 5333063028. The police also alleged that the bank manager without the consent of the bank fraudulently converted the sum of N411 million belonging to the bank to his personal use. The offences were said to be contrary to Sections 1 (1) (a), 15(1)(2) and 15(2) of the Advance Fee Fraud and Other Fraud related Offence Act No. 14 of 2006, and punishable under Section 1 (3) of the same Act.

Lagos, February 12, 2019 - Ecobank Nigeria has stated that its innovative digital products are available to make this Valentine season an exciting one for its customers. The bank’s customers are being offered mouth-watering deals and offers when they pay with EcobankPay at designated merchant locations in Aba, Lagos, Abuja, Port Harcourt .

Executive Director, Commercial Banking, Carol Oyedeji, who stated this in Lagos, said the Valentine season is another opportunity to show love to customers by rewarding their loyalty and enabling them achieve their valentine wishes. She said, “customers who use EcobankPay to make payment at selected outlets in Aba, Lagos, Abuja, Port Harcourt during this Valentine season will get exciting discounts thereby ensuring they get more value for their spend”

Further, Mrs. Oyedeji said , “We have provided digital solutions to ensure this season of love is a memorable one for our customers. They can send money to their loved ones with Ecobank Mobile or our Internet banking platform, Ecobank Online. For those away from their loved ones, distance should not be a barrier as they can top up airtime to stay in touch simply by dialling *326*Amount#. Shopping can be done seamlessly with our debit cards. We have also extended our zero fees offer on the Rapidtransfer app till 31st March, 2019 to ensure that those living abroad are able to send money to their loved ones at home without hassles”

Mrs. Oyedeji used the opportunity to thank the bank’s customers for their loyalty to the Ecobank brand. “We are grateful to our customers and non-customers who depend on our platforms to achieve seamless banking transactions and wish everyone a happy valentine celebration”.

[Ecobank deepens financial inclusion, Launches EcobankPay Zone AT Alaba Int. Market

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan, has launched EcobankPay zone at Alaba International Market, Lagos, and expressed the bank’s commitment to continue innovating more payment and financial solutions to best serve traders across the country.

According to Akinwuntan, the bank has designated Alaba market as an EcobankPay zone, meaning that patrons of the market, Ecobank and non-Ecobank account holders, have more easy, secure and convenient ways to pay when they visit the market. He added that EcobankPay’s unique offering is that anyone from any bank in Nigeria can pay with MasterPass, mVISA and mCASH with any phone by scanning QR code or using USSD.

Traders, he said, can now enjoy more possibilities to grow their business as they can also sell to customers with EcobankPay in 32 countries in Africa. He added that “EcobankPay is free to set up as the shop owner only needs his/her QR code and phone for notifications to start receiving quick and easy payments.

EcobankPay, a special merchant QR Code product of the Pan African Bank, enables customers make seamless payment for goods and services across the three major payment platforms without the use of plastic cards. The uniqueness of the digital product according to the bank is that it has MasterPass, MVisa and Mcash embedded in the merchant identity QR Code. If the person that wishes to buy goods is coming from a bank that has MVisa and wishes to pay, the same QR Code would accept MVisa payment and vice versa. That creates interoperability and convenience for the merchants. The QR Code is much cheaper than having a point of sale (PoS).

For the merchants the beauty of the EcobankPay is in the cost of setting up, as the shop owner simply prints the QR Code on a paper and can stick it anywhere and do not run any risks. It is convenient and the mobile app is ubiquitous, it allows you 24/7 access, it is affordable and for every Nigerian. As a merchant on EcobankPay, you automatically have a QR Code that accepts all the three payment platforms – MasterPass, MVisa and Mcash. Shoppers who used the EcobankPay QR Code are right now treated to special discount transactions at selected shops in Lagos, Abuja, Port Harcourt and Aba.

We’ve Built Digital Technology That Enable Us Deliver Seamless and Affordable Services to Our Customers - Ecobank MD


Lagos, 5 February, 2019 - The Managing Director of Ecobank Nigeria, Mr Patrick Akinwuntan has asserted that the bank’s focus on technology and innovation is what drives it to be a leader in the provision of financial services across Africa. “We provide full service banking right from the wholesale business to the small, medium scale and to individuals. To do this, we've built technology services that enable us deliver our services in a convenient, accessible and reliable manner. This is affordable and sustainable to our customers, while also ensuring good returns to our shareholders,” he stated.

Akinwuntan, who had an interactive session with the media in Lagos, informed his audience that Ecobank which commenced operations in five countries in 1989 grew to become a formidable financial institution of repute in Africa and boasts of its presence in 40 countries in less than 30 years.

According to him, “We were established from day one as Pan African entity with shareholding from sixteen countries, and within our first year of operation, we had established in five countries – Nigeria, Benin, Togo, Ghana, and Ivory Coast. Today, we are present in 36 African countries and four outside Africa which are UK, UAE, China and France essentially to provide linkage to global reach and facilitate financial transactions of our customers.”

“We have a customer base of over 20 million as a group, with Nigeria accounting for about nine million of this figure; over 400 branches and 4,000 agency locations; and a balance sheet in the region of N2 trillion that shows that we have demonstrated ability to be a reliable keeper of customers funds and a reliable supporter of those who wish to borrow money to grow their business,” Akinwuntan continued.

He ascribed this growth to the quality of services the bank renders to its numerous customers, which hinges on the bank’s focus on innovativeness as a way of driving customer satisfaction.

The Managing Director listed some of these innovative products to include the deployment of over 4,000 agency locations known as Ecobank Xpress point which aimed at bringing banking to every neighbourhood; the Ecobank Mobile which brings banking to your palm; the Ecobankpay which is a payment solution that enables you to scan and pay with a mobile phone; the Ecobank Value card, an e-wallet that worked like a prepaid card which was introduced as far back as year 2000 when none of the international credit cards were available in Nigeria.

“If you came into Nigeria in 2002 with a Visa card, no ATMs in Nigeria accepted a Visa card. No ATMs accepted a MasterCard. None accepted any of the international card brands and as an individual in Nigeria, you could not apply for these cards. Once you put your Nigerian address, they tell you this service is not available in Nigeria. That, for us in Ecobank, was not acceptable. So, we took the bold step of going to MasterCard and Visa and said ‘why don't you allow us issue a MasterCard or Visa Card in Nigeria?. That discussion sparked off some other ones that led to the coming of Visa and MasterCard to Nigeria. Ecobank Nigeria was the first banking institution to issue an international card in Nigeria in 2004. Actually, that card was issued and used in this bank premises. The first time an ATM in Nigeria paid money on an international card happened in our premises”. He concluded.

Akinwuntan announced the bank’s yet another novel product of the bank, EcobankPay which is a payment solution that enables customers to scan and pay with their mobile phone or by using the *326# code to get into USSD platform and make payment seamlessly. He listed the benefits of this product to include instant transfer of funds without any chances of repudiation by the creditor thereby boosts the business of the vending partner. He explained that the “EcobankPay is affordable and almost risk-free, as you can have 100 QR codes at no additional cost. Also, you don't have to protect the code as it cannot remove money from your account because it can only receive money into your account.”

###

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan, has committed to building a solid partnership with the business women and men in Alaba International Market, Lagos. In his congratulatory message to mark the market’s 40th anniversary, Mr. Akinwuntan noted that Ecobank will continue innovating more payment and financial solutions to best serve the traders.

Mr. Akinwuntan disclosed that the bank has designated Alaba market as an EcobankPay zone, meaning patrons of the market, Ecobank and non-Ecobank Account holders, have more easy, secure and convenient ways to pay when they visit the market. EcobankPay’s unique offering for traders and their customers is that anyone from any bank in Nigeria can pay with MasterPass, mVISA and mCASH with any phone by scanning QR code or using USSD. Traders can now enjoy more possibilities to grow their business as they can also sell to customers with EcobankPay in 32 countries in Africa

“We celebrate with our esteemed traders in Alaba on this occasion of their 40th anniversary. We treasure our long-standing relationship and want to assure them that we will continue to work tirelessly to delight them with our service and grow with them. This is why we are designating this market as the hub of our EcobankPay zones to enhance digital payments within the market, and drive the digitization of Nigeria’s economy.”

He added that “EcobankPay is free to set up as the shop owner only needs his/her QR code and phone for notifications to start receiving quick and easy payments. When you sign up, your EcobankPay QR is emailed to you, which you can print and post/stick anywhere your customers can see it to easily scan and pay. When paid, you receive notifications and transactions can be viewed in merchant app or online. Your customers can now pay you from anywhere in Nigeria and around the world, anytime. Your customers can use the Ecobank Mobile App or others to pay with mCASH, mVISA and Masterpass. We are excited by this opportunity and thank you for making Ecobank your payments partner of choice”.

The Managing Director, Ecobank Nigeria, Patrick Ainwuntan has said the bank’s decision to charge zero fee of (on) RapidTransfer remittances is borne out of the need to ensure Nigerians abroad are able to send home 100 percent of monies made through hard work.
According to him,” “Because we are able to do it per scale and because we know that when Nigerians work abroad, close to 7 per cent to 8 per cent of their sweat is taken as commission when they are sending money home, we decided to make the cost of sending money home free.
We want 100 per cent of the money made through the sweat and hard work of Nigerians, find its way back to Nigeria, to support and develop our economy in Nigeria. This is why we made the RapidTransfer charges zero.”
The Ecobank Nigeria Managing Director, who was speaking during round table meeting with the media in Lagos noted that “any Nigerian in the Diaspora can download the Ecobank RapidTransfer App from any of the stores, attach his or her card, say in Canada, UK or US and remit $50, $30, £30, £25 or £100 instantly to a recipient in Nigeria. The recipient could have a bank account in Ecobank or any other bank in Nigeria”.
He affirmed that Ecobank leverages on the Nigerian Inter-Bank Settlement System (NIBSS), which he said has done a great job in bringing a common settlement platform for all the banks in Nigeria.

cruzydal:
this bank is the worst in terms of services .. the mobile app is the worst , their atms dont dispense cash and it gives enough dispense error ..
i too hate the bank ..

what then will you say for other banks that have more serious issues that are worse? Ecobank has better platforms where any issues can be resolved 24/7. you can always use their twitter handle @ecobank_nigeria if you have any complaints or comments.

Floyd45:
I walked into an Ecobank branch in Lagos on Tuesday and filled the form to purchase treasury bills. I was told the form will be scanned to my bank outside of Lagos to have it purchased. I just put a call through to my branch outside Lagos and the customer care officer told me they received my form, but are yet to bid because they have not received bid for this week.
He was trying to convince me to go for fixed deposit saying it was almost the same rates. He wasn't sounding like they planned on putting any effort soon to purchase the T.Bills.
My question is how can I speed up the process of getting this T. Bills. Thank you

Simply call Ecobank Customer Care number on +2347005000000. They should be able to provide answers.

Please read more here.....

https://www.google.com/amp/s/www.vanguardngr.com/2019/01/ecobankpay-enables-seamless-transaction-across-three-payment-platforms/amp/#ampshare=https://www.vanguardngr.com/2019/01/ecobankpay-enables-seamless-transaction-across-three-payment-platforms/

Floyd45:
Good morning, I'm also a newbie here and was thinking about walking into Ecobank this morning to find out their rates. So you did all this without having to walk into a banking hall?
From my little knowledge gained from this thread, I guess your interest should be around 23,000 if I'm not wrong.

Good Morning, Please call Ecobank Customer Care number in order to make your enquiries. You can reach them on +2347005000000.

FIRE INCIDENT: AT ECOBANK’S LAGOS HQ COMPOUND
No loss of life and damage only to diesel tanker and generator house

Lagos, 31 July 2018 – There was a fire incident this morning in the compound of Ecobank’s Lagos head office when a tanker delivering diesel to the Bank caught fire. The fire was contained within the generator house and the diesel truck and there was no loss of life or damage to any other property.

The Lagos State Fire Service, the Lagos State Emergency Management Agency (LASEMA) Response Unit and the Federal Fire Service arrived quickly and put out the fire.

Charles Kie, Managing Director, Ecobank Nigeria, said “We commend the fire service personnel for their diligence, expertise and bravery in dealing with this incident. We sincerely thank Fidelity Bank Plc, Union Bank of Nigeria Plc, United Bank for Africa Plc, First Bank of Nigeria Limited, Julius Berger Nigeria and NAPIMS for providing much needed support and we also express our sincere appreciation to the general public and all well-wishers.”

Ecobank’s Data Centre was unaffected, and business at the Head Office rapidly returned to normal. Ecobank assures everyone that the bank’s building and all its other facilities are unaffected. Ecobank successfully triggered its business continuity plan and normal banking activities have continued.

-ENDS-

Contrary to some misleading headlines, Ecobank main building was not affected in the fire outbreak. The accident happened at the generator house which is not part of the main building. The fire has been put our and business has resumed at the office. Those of us who have money at Ecobank can relax. Our money is safe. Lol

This is a big and expensive joke. The fire happened at the generator house and was put out. It didn't get to the main building. you can even see from pictures and videos online that the generator house is not part of the main building. Our money is safe. lol

lexy2014:
360million what?

Wao this is good news for us staying at Ikare Akoko. Im so glad Tantalizer is here.

Tunukeobi:
Tantalizers, one of the leading brands in the nation’s Quick Service Restaurant sector, says its expansion program is fully on course as many towns in the country have been identified for new restaurant locations soon.
In pursuance of this business resolve, Tantalizers has opened a new outlet in Ikare Akoko, Ondo State, bringing the brand’s number of outlets to over 60 across the country.

While speaking during the official opening of the new outlet located within the Forte Oil Filling Station Complex along Ikare-Arigidi-Akoko road, Deputy Managing Director of Tantalizers Plc, Mr. Gbolahan Labinjo, encouraged Nigerians to be a part of the brand’s growing franchise program.

He said the new outlet was opened in response to the desires of consumers in Ikare Akoko and environs for a qualitative QSR outlet that would serve and excite consumers in the entire Akoko area of Ondo state including Akungba, Oba and Arigidi.

Mr. Labinjo further stated that the new outlet would offer all Tantalizers product offerings including popular local favourites.
Tantalizers, a wholly indigenous QSR company is the only quoted company in its category on the Nigerian Stock Exchange and presently has over 60 outlets in the country.

The QSR is a one-stop restaurant brand that offers a wide variety of products and services including ‘local favourites’ which are the meals of the locality where each restaurant is located.

Please send your request to Ecobank Ombudsman via 07005000000 or via Whatsapp +234808760 3717.

Vyktall:
hellooo goodday...please i have an inlaw who wants to access his late sisters account......he has tried using the *326# ussd code to get the OTP but its not working.......he has all her credentials....national ID, drivers licence, voters card, international id card...everything.....its not a stolen card please....thanks all..he has the ecobank atm card and phone....but doesnt have the pin number........how can he trasfer money out of the account.....please he needs the money for so many arrangement ........her soul RIP//..... ...

"Horrible,bastards, idiots"! All because you left #1000 in their care to manage for you? And you receive sms every month telling you the state of your account?? Guy, if you keep #1m in your account, i bet you will call them worse names. Mtcheeeew.....

ClumsyFlimsy:
I swear ecobank na horrible bank

I jejely left my 1000 naira which dey withheld as minimum deposit balance

Yet this bastards kept on debuting from the 1000 till e turn 300

now if I receive another money they idiots go still collect 1k from the money then give me 300

That bank is the worst bank ever

...

chineji:
I have been trying to no avail for the past one week to pay money to my facebook ad account with my ecobank mastercard but the transaction keeps on declining. I have mailed the bank and they are saying its a DCC issue. Is anyone else having the same issues with ecobank

I also heard about that opportunity this month. I tried it but it did not work. I learnt it would start in May.

Network issues, call the number which Madlin recommended.

Helenoftroy27:
[color=#990000][/color] I mistakenly transfered money to one of the Beneficiaries I have on my GTB app. I immediately called my bank to report since I don't remember who the Beneficiary is. The next day I tracked the Beneficiary and he happened to be a guy I av sent money for payments before and he agreed to a reversal immediately, now it so happened that ECO Bank blocked his account due to me calling my bank earlier. Before he could ask for reversal they demanded all sorts of identification which we finally brought, but now my money is no longer in the guys account and he could not av withdrawn since his account is still blocked. We went to speak with the customer care at eco bank and aside their rudeness told me the money is hanging and its left for my bank to request a reversal. Went to my bank and they told me its left to eco bank for reversal and now I feel stock and don't know what to do. Since when did money start hanging and where exactly is it hanging or in whose account. Now I and the boy are confused the next step to take. And beside I feel ECO Bank is on the verge of shutting down.

Bedlecturer:
Unlike the stewpid ECOBANK that blocked its network all through the week.
Im filing a case against that silly bank this week.
Yeye bank.

Yes there were problems but I used the Ecobank mobile application during the weekend and I experienced no service problem. I learnt their internet banking and Atm machines are up and running too

It has come to our notice that a company called ALTLANTIC GLOBAL ASSET MANAGEMENT (AGAM) - which claims to be an Asset Management Company, with the headquarters in Cape Verde, - has been distributing marketing messages via Whatsapp soliciting for investment from individuals. In the messages they claim to have a cooperative relationship with Ecobank Nigeria Ltd.

Please note that Altlantic Global Asset Management is not known to Ecobank Nigeria. Ecobank Nigeria is in no way associated or connected with Altlantic Global Asset Management and will therefore not be liable in any manner whatsoever to any member of the public who relies on the false reference to Ecobank Nigeria in the broadcast of Altlantic Global Asset Management. Please be warned.

Ecobank Nigeria is not responsible for and is not obligated to control the actions or information (including content) of third parties; however Ecobank reserves the right to take legal action, including criminal action, against such individuals/entities if they infringe or infer false allegations of partnerships or business dealings which might call into question Ecobank’s reputation & standing.

For any financial requirements please contact Ecobank directly via our official websitewww.ecobank.com or call +234 700 500 0000.
Ecobank Nigeria Ltd

http://www.6334reporters.co.uk/ecobank-dissociates-self-from-atlantic-global-asset-management/

Hey Guys,i came across this fraudulent post. http://www.jagabanking.com/ecobank-graduate-trainee/
However, Ecobank Nigeria has disowned it and labelled it fraudulent. kindly help share this information to stop the activities of these fraudulent people.
Thanks

The issue is frm the ATM programming, so you shud lay your complaint to Union Bank and not Ecobank

talktrue1:
Last week, I was at Enugu for a wedding and wanted to buy something worth of N65,000 from market. I went to use my Ecobank ATM card on Union Bank ATM along Ziks Avenue. I withdrew N20,000 three times i.e. N60,000 and put it in my bag. On getting to the seller, I removed N5,000 from my wallet and added to the money I withdrew from ATM. After counting the money twice in my presence, he said that the money is N62,000. I counted it back myself and it was short of N3,000. I searched my bag again and nothing was left inside

I was sure of the N5,000 from my wallet, and so definitely the shortage was from the ATM. Having withdrawn three times and having a shortage of N3,000, It therefore means that I was paid N19,000 on every N20,000 withdrawn.

I couldn’t go back to the bank for complaint since it was ATM transaction and I have never experienced such.

Na so I lost N3k for this hardship

My advice will be, you should call this number 01-2260450 or whatsapp them on 08087603717 and they will attend to you.

Gidobaba:
Hello nairalanders. This is what ecobank did to me. On the 19th of June 2016, I got back to Nigeria from school. around 5AM, I attempted withdrawing some money using diamond bank Atm because it was closest to me. The money is what I was supposed to use for transportation to warri where I live. Instantly I got a debit alert and waited for my money that never came out. I didn't leave there until one hour passed because I've heard stories like this and the money comes out eventually. My people I waited and nothing showed up. I was so stranded in lagos because I had no one. Didn't even know how I could go about it but I was later able to reach my sister whom eventually, I got a transfer from hours later. Immediately I got home I started processing my complaint. I reached out to them via email and they assured me they were working on it. I also went to their branch and did all they asked from filling their forms to constantly visiting the branch but all was in futility. A week later I got the most insulting mail of my life. Ecobank sent me a mail insisting that I took the money. I also replied them telling them I didn't. Since then, all my mails haven't been replied, I've gone to their branch severally but the usual "don't worry we'd work on it" is what I get.



Good people, I've been through a lot. I don't know how to go about this anymore. I can't leave my cash with them. Someone suggested I get a lawyer and slam them with a suit.




Mods please help me get this to front page. I need as much advice and views I can get.

If you say Senator dino Melaiye is controversy personified, you are not far from the truth. The Kogi-born senator of the federal republic courts troubles effortlessly. If he is not having issues with his women, he firing tirades at party members or leading protest against one form of injustice or the other.

But he seems to have bitten more than he can chew in his latest public fiasco. Perhaps, smarting from British Prime Minister, David Cameron’s derogatory remark about the high level of corruption in Nigeria, the upwardly mobile politician had taken to twitter to deride Cameron for firing such a salvo at Nigeria.

http://www.airwavesreport.com/index.php/society/item/478-is-melaye-poster-boy-of-corruption