CBN speaks on probing extortion allegation at Ecobank

The Central Bank of Nigeria (CBN) has denied claims that it is investigating Ecobank Nigeria and Ecobank Transnational Inc. Specialised Resolutions Company (ETISRC) for alleged extortion. In response to a statement titled ‘Central Bank of Nigeria investigating allegations of extortion at Ecobank Nigeria,’ the CBN clarified that it is not conducting any probe into the financial…