Ecobank scraps sale of stake in Nigerian unit after market slump

Pan-African lender Ecobank Transnational Incorporated has scrapped a sale of part of its Nigerian business because falling market values mean it wouldn’t get a good enough price, according to Chief Executive Officer, Ade Ayeyemi. “The market is not right for us to be selling part of that unit,” Ayeyemi, 52, who started the job last […]

Ecobank scraps sale of stake in Nigerian unit after market slump

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