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Tag Archives: loan

We Have not Taken over Etisalat – Banks

The consortium of 13 banks involved in Etisalat Nigeria loan on Thursday refuted reports that they have taken over the operations of the company. A management source close to the banks who pleaded anonymity said in Lagos that there was no truth in the report making the round. The source …

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We’ve Repaid 42% Of Our Loan – Etisalat

Etisalat has repaid 42 per cent of the debt owed Nigerian banks and is not owing the humongous $1.2 billion, as being reported in the media. The clarification was made by the troubled telecommunications company on Thursday (today). The company said in a statement by its Vice President, Regulatory and …

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NCC Begs 21million Etisalat Subscribers After Take-Over

Amid the move to takeover of Etisalat by a consortium of banks, the Nigerian Communications Commission (NCC) has assured subscribers that the network’s integrity would not compromised. The Director, Public Affairs of NCC, Mr Tony Ojobo, said in a statement on Wednesday in Lagos that the commission’s attention had been …

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Lagos Hairdresser Commits Suicide Over N150,000 Loan

A hairdresser, Yetunde Oladipupo, aka Iyabo, has committed suicide on Onabola Street, Owotutu, in the Somolu area of Lagos State. According to Punch Metro,the deceased commited suicide by drinking sniper insecticide on Friday shortly after seeing off some friends who had visited her. Although the cause of the visit could …

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