MTN secures N200 billion loan for telecoms expansion drive
Telecommunications Company, MTN Nigeria, has secured a N200 billion medium-term loan agreement from a consortium of 12 Nigerian banks.This comes as the firm winds down next year, the repayment of a previously syndicated loan of N329 billion borrowed in 2013 for capital expenditure and working capital.....
by Clara Nwachukwu (Business Editor) and Adeyemi Adepetun (Head, Communications and Technology)
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