Ecobank Transnational Incorporated (ETI) has announced plans to raise fresh funds from the international debt capital market through the issuance of Tier 2 qualifying Nature Notes. The bank disclosed this in a statement released on Thursday and signed by its Group Executive Director and Chief Financial Officer, Ayo Adepoju. According to the statement, the funds …
Ecobank Transnational Incorporated (ETI) delivered solid growth in 2025, but a loss in its Nigerian business and a rising tax exposure across its subsidiaries cast a shadow over an otherwise strong performance. The pan-African banking group grew earnings, expanded its balance sheet, and improved efficiency, according to a Pinnacle Daily review of its 2025 audited …
Nigeria’s banking sector is approaching a decisive moment with just 77 days to the March 31, 2026, recapitalisation deadline. So far, about 22 licensed banks, approximately 65 per cent of the total, have confirmed full compliance with the Central Bank of Nigeria’s (CBN) minimum capital requirements. Tier-1 lenders make up the bulk of banks that …
