Ecobank Transnational Inc. is seeking to raise $250 million in fresh capital through a targeted issuance to a limited pool of investors, the pan-African banking group said Thursday, as it moves to strengthen its balance sheet ahead of a regulatory deadline in Nigeria.
The offer, approved at an em
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Wasiu Alli
Wasiu Alli is a business, economics cum data journalist with strong expertise covering macro trends, capital markets, government policies, corporate earnings and comparative economics analysis. Alli turns raw data into trends that not only tells compelling stories but nudges investors to make valued and informed decisions. He’s an alumnus of Lagos State University and trained at Lagos Business School. He formerly heads the Companies and Markets desk at BusinessDay where he writes and supervises the production of well researched articles on earnings updates, corporate sectoral comparisons, market intelligence as well as interviews with C-suite executives.
