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Nigeria Taps Global Markets with $2.25B Eurobond Sale
In a bold financial move, Nigeria has launched a $2.25 billion Eurobond issuance, even as geopolitical tensions swirl. The sovereign debt is split into two tranches—10-year and 20-year—offeri...
SEC, CBN APPROVES ECOBANK CUSTODY BUSINESS
SEC, CBN APPROVES ECOBANK CUSTODY BUSINESS1. Background Information:- Ecobank Nigeria Limited has received approval from the Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (C...
Ecobank Group Profit Before Tax Hits $581 Million
Ecobank Group posted a profit before tax of $581 million on Tuesday for the year ended December 31, 2023.The Group's audited 2023 year-end results, posted on the Nigerian Exchange, highlight the stabi...
Elon Musk Endorses Dogecoin as the Future Payment to Purchase a Tesla
Recently, Tesla boss Elon Musk announced during a press conference that Tesla is working to ensure the enablement of Dogecoin payments soon. The CEO stated that DOGE will again become one of the offic...
Ecobank Gets $250 Million Loan Facility to Boost Liquidity
Ecobank Transnational Incorporated recently announced that it has gotten a $250 million loan facility to boost liquidity.The Group's Chief Financial Officer, Ayo Adepoju, announced this in a statement...