ICYMI: Weekly roundup of major news from Nigeria’s Financial Sector
This is a roundup of the major news in the Nigerian Financial Sector for the week ended June 30th 2017 ...
Tag: Nigerian Banks
News and stories about Nigerian banks
Another Bailout? CBN/NCC said to take up board position in “New Etisalat”
In what appears to be yet another twist in the Etisalat Nigeria saga, the Federal Government through the Central Bank ...
Explained: Why banks won’t give your business a Loan
Most governments around the world have identified small businesses as a major catalyst for economic growth. However, small businesses cannot ...
Etisalat claims it owes banks $575million not $1.2 billion
Etisalat Nigeria has revealed that the $1.2 billion widely reported as its indebtedness to about 13 Nigerian banks is not ...
No ‘hostile takeover’!!! Regulators warns banks
Better late than never
Likely effect of an Etisalat solvency on the profits of these banks
Summary: An equivalent of 49% of the profits made by Fidelity Bank in 2016 could be lost Access Bank could ...
Sequence of events that led to the exit of Etisalat UAE
Nigeria’s fourth largest GSM service provider Etisalat Nigeria announced on Tuesday that its parent company, Etisalat UAE has decided to ...
List of Nigerian banks exposed to Etisalat’s $1.2 billion debt
Etisalat UAE has officially decided to pull out of Nigeria following a series of negotiations with a consortium of commercial ...
Official: Etisalat UAE pulls out of Nigeria, may also take back naming rights
Etisalat Nigeria has confirmed changes in its shareholdings structure. Its Abu Dhabi parent company, Etisalat UAE informed the Abu Dhabi ...
7 funding options available to Etisalat to avoid going bust
Etisalat UAE, the largest shareholder in Nigeria's third largest GSM Network, Etisalat Nigeria, may have discretely agreed to pull out of ...
