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Ecobank Nigeria to Host Maiden Fintech Breakfast Forum

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By Aduragbemi Omiyale

On Friday, April 22, 2022, stakeholders in the banking and financial technology (fintech) sectors will converge on Ecobank Pan African Centre (EPAC) on Victoria Island, Lagos, for the maiden Fintech Breakfast Forum organised by Ecobank Nigeria.

The event, which will also have virtual participation, is put together in conjunction with Tech Cabal, a digital media and publishing firm based in Nigeria, with its acting editor-in-chief, Koromone Koroye, as the moderator.

It will have the founder/CEO of Paga Group, Tayo Oviosu; co-founder/CEO of Bankly, Tomilola Majekodunmi; Africa Partner of QED, Gbenga Ajayi and the Group Head, Payments, Cash Management & Client Access, Ecobank Group, Isaac Kamuta as speakers.

The series, which requires registration to participate via https://cutt.ly/EcobankFintech, will examine two major topics; How bank-Fintech collaborations can drive ecosystem growth and Pan-African expansion opportunities and challenges.

According to the Managing Director of Ecobank Nigeria, Mr Bolaji Lawal, “The Fintech Breakfast series is conceived by Ecobank to provide a platform for banks and Fintech to explore areas of mutual interests and opportunities with a view to building a stronger ecosystem.”

“More collaboration is needed between Fintech and banks. We need to strike a balance. Many believe banks and Fintech are competitors. That is not true.

“This seminar will focus on how Fintech firms can find and nurture partnerships with banks, and how they can leverage these partnerships to grow and expand across the continent.

“It provides the opportunity for Fintech founders and executives to say what they are looking for from banks. It will also deepen skills for businesses and grow knowledge of the financial services industry,” he stated.

Mr Lawal called on operators of Fintechs and industry players to make a deliberate effort to be part of the seminar, stating that the outcome would impact their operations, performance and service delivery.

Ecobank Group, the parent body of Ecobank Nigeria, is widely acclaimed for its Open Banking strategy and for nurturing Fintech as a partner.

The Group runs several initiatives to foster Fintech development across Africa, including its flagship annual Fintech Challenge, in which hundreds of Fintech firms globally have participated in. The bank created the pan-African banking Sandbox, where Fintech firms may test their Application Programming Interface (API) in a safe environment and has developed several award-winning digital solutions.

Ecobank’s flagship pan African switch connects countries where it operates across Africa. This centralized switch allows easy integration, enabling instant transfers between 33 African countries. This provides huge opportunities, especially with the advent of the African Continental Free Trade Area (AfCFTA).

Ecobank Group is also the Gold Sponsor of the Africa Fintech Summits for 2022 scheduled for April 21 in Washington, DC to further demonstrate its continuous support for Fintech to help transform digital finance and banking across Africa.

Banking

Applications Open for GTCO ‘Take on Squad’ Hackathon 3.0

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By Dipo Olowookere

Tech enthusiasts interested in participating in the Take on Squad Hackathon, organised by Guaranty Trust Holding Company (GTCO) Plc, can now enter the contest via the official portal at https://squadco.com/hackathon.

The programme enters its third edition in 2026, and the theme for this year is Smart Systems: The Intelligent Economy, according to a statement issued by the organisers.

The hackathon brings together developers, designers and entrepreneurs across Nigeria in a collaborative environment to build practical solutions across key sectors, including financial services, healthcare, commerce and digital inclusion.

Participants are challenged to design and build intelligent, data-driven solutions that transform how communities engage with money.

It is part of the organisation’s commitment to fostering innovation, empowering talent, and supporting the development of technology-driven solutions that address real-world challenges across Africa.

 “Today’s dynamic, digitally driven world demands continuous innovation, which is shaping how economies grow, how businesses scale, and how societies evolve.

“Through Take on Squad Hackathon, we are deliberately investing in the ideas and talent that will define the future.

“Our objective is not simply to encourage innovation, but to enable its translation into scalable solutions that deliver real and measurable impact.

“This reflects GTCO’s role as a financial services platform that connects capital, capability, and creativity to drive sustainable progress,” the Managing Director of HabariPay, Ms Eduofon Japhet, stated.

The social coding event remains a cornerstone of HabariPay’s mission to foster creativity and problem-solving among emerging tech talents. Competing teams will leverage Squad’s advanced APIs to create scalable digital tools that address everyday challenges faced by businesses and individuals.

Through initiatives such as this, GTCO continues to position itself at the intersection of finance, technology and enterprise, actively shaping the future of digital transformation in Africa.

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Banking

Easter: Ecobank Assures Customers Uninterrupted Banking Services

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By Dipo Olowookere

Banking services will not be interrupted throughout the Easter public holidays, from Friday, April 3, to Monday, April 6, 2026, for any reason, Ecobank Nigeria has assured its customers.

In a message over the weekend, the member of Africa’s leading pan-African banking group, Ecobank Transnational Incorporated, said customers would continue to enjoy quality service delivery during the period.

It noted that its secure and robust digital platforms would remain fully operational to support financial activities during the festive period.

All digital channels, including the Ecobank Mobile App, Ecobank Business App, USSD *326#, Ecobank Online, OmniPlus, Omnilite, EcobankPay, Ecobank Cards, ATMs, PoS terminals, and over 35,000 Ecobank Xpress Point agent locations nationwide, will remain accessible throughout the holiday, the financial institution further said, urging customers to conveniently conduct transactions at any time using this wide range of digital solutions.

Ecobank customers were encouraged to maximise the bank’s alternative channels for transfers, bill payments, airtime purchases, card services, and account management.

They were also advised to stay vigilant by shopping only on trusted websites; avoiding the sharing of PINs, passwords, and one-time passwords (OTPs); refraining from banking on public Wi-Fi networks; being cautious of urgent or emotionally charged messages; and regularly monitoring their account activity.

“Customers will continue to enjoy a full bouquet of services during the holiday, including local and international funds transfers, bill payments, airtime top-ups, merchant payments, balance enquiries, account statements, and cardless cash withdrawals via ATMs,” the Head of Products & Analytics, Consumer & Commercial Banking at Ecobank Nigeria, Mr Victor Yalokwu, stated.

“We understand that festive seasons come with increased financial activity, and our priority is to ensure our customers enjoy fast, reliable, and secure banking wherever they are.

“Our digital channels are designed to support uninterrupted transactions, and we have strengthened our systems to guarantee optimal performance throughout the Easter break,” he added.

Mr Yalokwu noted that, “Ecobank remains committed to providing innovative financial solutions and exceptional customer service. We wish all our customers and partners a peaceful and joyful Easter celebration.”

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Banking

Polaris Bank to Limit Access to VULTe for Four Days

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By Dipo Olowookere

Customers may have difficulty accessing the digital platform of Polaris Bank, known as VULTe, during the Easter holidays from Friday, April 3, to Monday, April 6, 2026.

This is because the financial institution is carrying out system maintenance on the platform in its effort to ensure users enjoy a better banking experience.

In a notice over the weekend, the lender said “access to VULTe may be limited,” but it provided an alternative, which is the PolarisXperience.

Polaris Bank, which expressed regret over “any inconvenience” this action may cause its customers, said the “scheduled system maintenance” would happen from 10 pm to 8 am daily, promising that normal service would return after the maintenance.

“In continuation of our commitment to delivering a seamless and improved banking experience, we will be conducting a scheduled system maintenance during the Easter holidays.

“During this period, access to VULTe may be limited. We have provided an alternative channel, PolarisXperience:

“Please go to our website to onboard or use it as an existing user. You can also use this link: (https://elogin.polarisbanklimited.com).

“We regret any inconvenience and appreciate your understanding. Normal service will resume after the maintenance,” parts of the notice seen by Business Post read.

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