3 Nigerian banks set to take over Etisalat today over N541.8 billion debt

Three Nigerian banks are set to take over telecommunications firm Etisalat today, Wednesday, March 8, over unpaid N541.8billion debt,Premium Times reports. A top source at the NCC said late Tuesday that the commission had approved the takeover, which is expected to occur today. The consortium of some foreign and Nigerian banks, including Guaranty Trust Bank, Access Bank and Zenith Bank, have been having a running battle with the mobile telephone operator over a loan facility totalli......Click to See more

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