Monthly Archives: June 2017

UPDATE 1-Etisalat Nigeria has repaid almost half of the loan amount before default

(Add analyst commentary, background) LAGOS, June 22 (Reuters) – Etisalat Nigeria had already repaid $ 500 million of $ 1.2 billion in loans owed to banks before defaulting in February due to a currency devaluation, told Reuters on Thursday a senior manager. Talks between Etisalat Nigeria and lenders to restructure the $ 1.2 billion loan […]