considering how notorious this current economy recession has heated on their
activities. We earlier reported how Access bank, GTBank and Zenith had wanting
to takeover Etisalat NG over unpaid load of N541.8 billion.
Access Bank PLC and other Nigerian and foreign banks has taken over the management of Etisalat NG
effective from June 15th 2017.
up with the deadline given to them hence the effort of Emerging Markets
Telecommunications Services, EMTS falls on deaf hears since they couldn’t reach
of 100 percent of the company’s shares in Etisalat to the United Capital
Trustees Limited, the legal representative of the consortium of banks.
already announced the takeover on
Tuesday in a filing to the Abu Dhabi Securities Exchange in Abu Dhabi, United
following the demand notice for the recovery of a $1.72 billion (about N541.8
billion) loan facility it obtained from a consortium of banks in 2015.
news at all!