Etisalat Nigeria Owes Stanbic IBTC USD24 Million - Business - Nairaland
Nairaland Forum / Nairaland / General / Business / Etisalat Nigeria Owes Stanbic IBTC USD24 Million (349 Views)
Brief Profile Of The New Board Members Of Etisalat Nigeria / Access Bank Takes Over Etisalat Nigeria Over N541 Billion Debt / Nigeria Owes China $3.22bn —NBS (2) (3) (4)
(1) (Reply)
| Etisalat Nigeria Owes Stanbic IBTC USD24 Million by wontiboje: 7:57pm On Mar 29, 2017 |
Stanbic IBTC Bank, a Standard Bank unit in Nigeria has disclosed that Etisalat owes the bank USD24 million. This is approximately NGN7.3 billion using the current official exchange rate. The bank made the statement to analysts in Lagios adding that restructuring talks were "ongoing". Etisalat Nigeria, a subsidiary of Abu Dhabi-listed telecoms company Etisalat UAE has been discussing with 13 local banks about renegotiating the terms of a USD1.2 billion loan after missing a payment. "The members are continuing discussions with Etisalat with the hope of restructuring the loan," the bank told an analysts' call in Lagos, Nigeria's commercial capital. Read more https://pageone.ng/2017/03/29/etisalat-nigeria-stanbic/ |
(1) (Reply)
Coincup / Verified Nigeria Paypal Account Needed / Cheap Flight And Hotel Booking In Any Part Of Nigeria.
(Go Up)
| Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 6 |