How issues surrounding Etisalat’s $1.2bn loan crisis watered down Glo’s interest
More details emerged over the weekend indicating apparent loss of interest by Globacom in finalizing acquisition plans of the embattled Etisalat Nigeria. The key factors that botched the plan was traced to the unresolved debt crisis, the entire handling, information…
Zenith Bank’s exposure in Etisalat’s $1.2bn loan caused 3.5% jump in total loan book
More negative effects of the trending crisis trailing the Etisalat’s syndicated loan default among 13 Nigerian banks are still emerging. New report published by a London based independent investment banking services specialist firm, Exotix Capital Limited, showed that Zenith Bank…
