GLO,usually pride themselves as 'unlimited'&have used that slogan over the years for commercial purposes. Were i'm confused right now is that dangote company,a bigger firm than GLO,uses 'limited'. Could it be GLO is a bigger firm?

first u must note that d slogan used by glo i.e unlimited is just a way of quantifying their services to d masses as this is different from being a limited and unlimited company...a company is said to b limited if in case of liquidation (close down) the debt of the company will only be limited or paid from only d shares of d shareholders but in d case of unlimited company if d company should liquidate debt will not only be paid from shares of shareholders but wil use personal properties of d shareholders to settle the debt.... i think we have few unlimited liabilities companies

Simple: 'un' lol i am waiting to learn too

To simplify

A limited company has "Limited Liabilities"; this means when the company is in trouble, its troubles are limited to whatever the company owns, and doesn't extend to the assets of its shareholders and owners.

TYPES OF LIMITED LIABILITY COMPANY (LLC)
1. Private limited liability company (Ltd.) e.g Globacom Ltd.
2. Public limited liability company (PLC) e.g Dangote Sugar PLC


Sole proprietorship, a.k.a one-man business is an example of an unlimited liability company. This is because when the company gets in trouble, it will affect not only the company but the assets of the business owner(s).

I hope I've been elaborate enough?

A Commerce textbook or Google search will enlighten you further