Nigeria’s banking industry is poised for a new wave of consolidation as five major lenders have reportedly met or surpassed the Central Bank of Nigeria’s (CBN)...
Ecobank Transnational Incorporated has bolstered its liquidity reserves with the successful acquisition of a $250 million loan facility, according to the bank’s Group Chief Financial Officer,...
The demand stems from an alleged unsettled debt of N13.5 billion Otudeko owed Ecobank Nigeria Limited.
The projection stems from Ecobank Nigeria notable improvement in creditworthiness compared to other Nigerian issuers.