Ecobank MD Applauds Nigeria’s Eurobond Issuance Plan

Ecobank Nigeria’s Managing Director, Mr. Patrick Akinwuntan has expressed support for the Federal Government of Nigeria’s plan for a Eurobond issuance in the International Capital Market, describing the multi-billion dollar offering as …

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Dangote’s $2bn Petrochemical Plant to Produce 77 Grades of Polypropylene

The $2 billion Dangote Petrochemical Plant located in Ibeju-Lekki, Lagos State, is designed to produce 77 different high-performance grades of polypropylene in the country. With a turnover of $1.2 billion, …

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How To Bridge Nigeria’s Infrastructure Gap – Akinwuntan

Managing Director, Ecobank Nigeria, Mr. Patrick Akinwuntan has advocated a synergy between financial institutions and private investors to address infrastructure deficit in the country. Mr. Akinwuntan made the suggestions in …

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Ecobank Nigeria Partners IFC, Nigerian Exchange On Gender Equality

Ecobank Nigeria has entered into partnership with the International Finance Corporation, (IFC) and The Nigerian Exchange Group, (NGX) on the ‘The Nigeria2Equal Gender Program’ targeted at reducing gender gaps across …

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Direct Forex Sale: Banks Ramp Up Marketing To Customers

Following the directive by the Central Bank of Nigeria to banks to set up teller points for sale of foreign exchange to customers, many of the financial institutions have mounted …

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2021 NATIONAL DIASPORA DAY: MATTERS ARISING

The 2021 National Diaspora Day has come and gone. It was marked last Sunday, 25th July. There was a flurry of activities, mostly online and by various groups, including government …

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Ecobank Receives US$50m Trade Finance Facility From UK’s CDC Group

CDC Group, United Kingdom’s development finance institution and impact investor, has announced a US$50 million trade finance facility for Ecobank International (EBI SA), the international subsidiary of Ecobank Group. This …

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For Two Years In A Row – Herbert Wigwe is African Banker of the Year

Access Bank’s Group Managing Director/CEO, Mr. Herbert Wigwe has again been recognised as the African Banker of the Year at the 2021 edition of the African Banker Awards. Mr. Wigwe …

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IMF Concerns For Nigeria – The Real Issues

The International Monetary Fund (IMF) team which held several virtual meetings with Nigerian Government officials for over a week earlier this month, has released its report. The team which was …

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