- Renewable Energy: The Hottest Investment Space in Africa?
- 15th Edition Connected Banking Summit – Innovation and Excellence Awards 2024
- FTSE 100 back in the red amid inflation update and earning season ramp up
- Rethinking Card Issuing in an Age of Fintech Disruption
- 5th Edition Connected Africa- Africa's Premier Telecom Summit
Etisalat Nigeria Owners Said to Face Write-offs After Default
LAGOS (Capital Markets in Africa) – Lenders who took over Etisalat Nigeria last month after the wireless carrier defaulted on $1.2 billion in debt are being advised to take a writedown to ensure a planned sale of the company is successful, according to people familiar with the matter. Whether to write down the asset has emerged as a sticking point between the owners, who include Nigerian lenders Access Bank Plc, Guaranty Trust Bank Plc and Zenith Bank Plc, and investments…
Read More