CBN move to prevent Etisalat Nigeria job losses over default

Pages: [1] Go Down

Topic: CBN move to prevent Etisalat Nigeria job losses over default (Read 1275 times)

0 Members and 1 Guest are viewing this topic.

CBN move to prevent Etisalat Nigeria job losses over default

« on: June 25, 2017, 07:03:31 AM »

CBN move to prevent Etisalat Nigeria job losses over default

Central Bank of Nigeria, CBN, said yesterday that it intervened in talks after Etisalat Nigeria defaulted on a $1.2 billion loan because it sought to prevent job losses and asset stripping. Isaac Okorafor, a spokesman for the Apex bank, said they intervened, along with telecoms regulator the Nigeria Communications Commission ,NCC, because Etisalat Nigeria is […]
Source: CBN move to prevent Etisalat Nigeria job losses over default

----
post culled from nigerianpilot.com

Logged

Pages: [1] Go Up

« previous next »

Related Topics

Subject / Started by	Replies	Last post
No Medal for Nigeria at the Olympics - Okagbare losses one final Hope Started by olutee Sports	0 Replies 2321 Views	August 05, 2012, 07:25:50 PM by olutee
MOVED: No Medal for Nigeria at the Olympics - Okagbare losses one final Hope Started by flukky01 General News	0 Replies 2194 Views	August 05, 2012, 07:31:23 PM by flukky01
Etisalat may exit Nigeria over debt default Started by thenation Newspaper Board	0 Replies 1401 Views	March 14, 2017, 07:00:17 AM by thenation
Breaking: Etisalat pulls out of Nigeria Started by clowntom Newspaper Board	0 Replies 1181 Views	July 10, 2017, 07:00:27 PM by clowntom
Reps move to protect Interests of Nigerians others, in defunct Etisalat Started by thenation Newspaper Board	0 Replies 1328 Views	November 23, 2017, 07:01:54 PM by thenation
Default Filing Fees: Abuja Lawyer Sues CJN, 1 Other Started by flukky-2 Newspaper Board	0 Replies 868 Views	January 01, 2022, 07:02:16 PM by flukky-2
Troops, CJTF move to prevent use of IEDs by terrorists Started by olutee Newspaper Board	0 Replies 822 Views	February 23, 2022, 01:05:53 PM by olutee
US May Default on its Debt from June 1 if Congress Doesn’t Act, Yellen Warns Started by thisday Newspaper Board	0 Replies 549 Views	May 02, 2023, 01:01:22 PM by thisday
WFP seeks $228m to prevent famine in Nigeria’s N’East Started by olutee Newspaper Board	0 Replies 462 Views	October 15, 2024, 01:07:45 AM by olutee
Default: 34 states, FCT shun N263bn UBEC grants Started by olutee Newspaper Board	0 Replies 620 Views	November 19, 2024, 07:02:58 AM by olutee