Ecobank Injects $64 mln Into Nigerian Unit

Ecobank Injects $64 mln Into Nigerian Unit

LEADERSHIP:
Africa’s Ecobank has injected $64 million into its Nigerian unit after its decision to adopt a different exchange rate for the naira to the one supported by the central bank affected its capital ratio, it said on Monday. Ecobank said its board decided in November to adopt a market exchange rate of 364 naira to […]
The post Ecobank Injects $64 mln Into Nigerian Unit appeared first on Leadership Newspaper and  Nigeria News.

Source: Ecobank Injects $64 mln Into Nigerian Unit


The story behind the headline — analyzed by 10 AI models, updated 4x daily. → drux.space/hub