Business Hilights

Tracking Nigeria's Headline Business News Online

Abu Dhabi Exchange

Why parent firm, Etisalat UAE is helpless on Etisalat Nigeria’s N537bn debt

Though the Nigerian affiliate of Abu Dhabi-listed telecoms company Etisalat, is in talks with 13 Nigerian banks to renegotiate the terms of a $1.2 billion loan, the profit it recorded in the recent results released at the Abu Dhabi Exchange…