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Ecobank To Share N70bn In Agric Financing Scheme

Ecobank To Share N70bn In Agric Financing Scheme   Ecobank Nigeria has announced an Agricultural Business Finance Scheme, where it plans to disburse an additional loan of N70 billion for operators in different agric value chains of in the next two years. This announcement came just as...

Ecobank, 21 Business Firms Drag Stock Market Lower

Ecobank, 21 Business Firms Drag Stock Market Lower   The nation’s stock market shed a further N15bn on Thursday as losses in stocks, led by Ecobank Transnational Incorporated, dragged the market lower. The market capitalisation of equities listed on the Nigerian Stock Exchange dropped from N13.198tn on...

NIRSAL’s Commodity Initiative Gets N70bn Boost From Ecobank

NIRSAL’s Commodity Initiative Gets N70bn Boost From Ecobank The Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending has signed a memorandum of understanding with Ecobank on N70bn portfolio commitment to agribusiness projects initiated by NIRSAL. The facility will be drawn down in series, with the pact effectively...

NIRSAL, Ecobank To Share N70bn To Farmers

NIRSAL, Ecobank To Share N70bn To Farmers Ecobank Nigeria has entered into a partnership with the Nigeria Incentive-Based RiskSharing System for Agricultural Lending (NIRSAL) with a N15 billion agricultural investment scheme being the first tranche in agricultural value chain financing. The partnership between both institutions is...

Ecobank’s New $50m Eurobond Oversubscribed By 460%

Ecobank’s New $50m Eurobond Oversubscribed By 460% Ecobank Transnational Incorporated, ETI, the parent company of the Ecobank Group,announced on Thursday that it had successfully tapped the international capital markets for an additional $50m in Eurobonds due April 2024. It said in a statement that the bonds...

Ecobank Plans Sale Of $500m Eurobond

Ecobank Plans Sale Of $500m Eurobond Ecobank Transnational Incorporated has revealed plans to sell $500m Eurobonds at yields that may rank among the highest from emerging markets this year. Bloomberg reported on Thursday that talk in the market revealed that the notes were priced high nine...