Ecobank Nigeria Ltd. has repaid $150 million, representing 50 percent of its $300 million 7.125 percent Eurobond due February 2026, reinforcing its liquidity position and commitment to balance sheet optimisation.
The early redemption, completed on July 8 through a tender offer and exit consent pr
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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.