Etisalat Begins Exit From Nigeria - Business - Nairaland
Nairaland Forum › Nairaland General › Business › Etisalat Begins Exit From Nigeria (666 Views)
| Etisalat Begins Exit From Nigeria by UrbanNGCom(op): 2:48pm On Jul 11, 2017 |
Etisalat International on Monday said it had terminated a agreement with its Nigeria Unit , saying that it had given the business about three weeks to phase out the Etisalat brand in the country. The Chief Executive Officer, Etisalat International, Haten Dowidar, told Reuters that the exit process became necessary given that the firm had been unsuccessful at converting some of its dollar debts to naira. The Nigerian Communications Commission and the Central Bank of Nigeria had recently intervened to save Etisalat Nigeria from collapse after it failed to pay the remaining $589m from a $1.2bn loan it took from a consortium of 13 banks. Full Story Here:: http://www.urbanng.com/2017/07/etisalat-begins-exit-from-nigeria.html?m=1 |
| Re: Etisalat Begins Exit From Nigeria by Temitoppe(m): 2:57pm On Jul 11, 2017 |
eya
watin we go call this one now..EtXit( Etisalat Exit) |
| Re: Etisalat Begins Exit From Nigeria by UrbanNGCom(op): 3:02pm On Jul 11, 2017 |
Temitoppe:this matter really don't concern you   |
| Re: Etisalat Begins Exit From Nigeria by Nbote(m): 3:26pm On Jul 11, 2017 |
Its jus a change of name ... Dey already withdrew shareholders and board involvement long ago... |
Mr Price Plans To Exit Nigeria • Why Nigerians Haven’t Felt Impact Of Exit From Recession – NBS Boss • 2 • 3 • 4
N20K Website Design Deal! Email Marketing and Bulk SMS Service exclusive • Be The Best You Can Be In CAKES Making • BAT Changes Regional Management Structure After Reynolds Deal