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Etisalat Nigeria defaults in $1.2bn loan payment Negotiation

Chikas Report On Judesblog The Vice-President, Regulatory Affairs, Etisalat Nigeria, Ibrahim Dikko, said the firm missed payment schedules due to an economic downturn in the country, devaluation of the naira and dollar shortages in the interbank market. Nigerian affiliate of Abu Dhabi-listed telecommunications company, Etisalat, is in talks with local …

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FCMB Group Announces Leadership Changes.

FCMB Group Plc has announced the re-organisation of its leadership at the Group level, as well as its flagship company First City Monument Bank Limited (FCMB Limited). Effective March 20th, 2017, Ladi Balogun, having served as Group Managing Director of the commercial banking arm, FCMB Limited for 10 years, will …

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