The African bank Ecobank Transnational Incorporated (ETI) had to inject $ 64 million into its Nigerian subsidiary to end a controversy with the authorities of that country. All is part of the adoption by Ecobank in its 2017 accounts of a Naira / dollar exchange rate different from the official rate applied by the central…...
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Exchange losses: Ecobank replenishes its subsidiary in Nigeria
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Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
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