Tag: Etisalat

3 posts.

Etisalat Now 9 Mobile

Etisalat now 9 mobile. It is official, it has been announced, to the general public that Etisalat is now 9 mobile. Its successor company, Emerging Markets Telecommunication Services Limited (EMTS) formally confirmed the development on Tuesday in a statement released. “Emerging Markets Telecommunication Services Limited (EMTS), which previously traded as ‘Etisalat Nigeria’ wishes to inform…

Gale Of Resignation At Etisalat Over Management Take Over By Banks

As we reported earlier A consortium of three Nigerian banks and their foreign counterparts Wednesday took over Etisalat Nigeria after the telecommunications company failed to pay a loan sum totalling $1.72bn (about N541.8bn) granted to it by the consortium in 2015. The three Nigerian banks are Guaranty Trust Bank, Access Bank and Zenith Bank. ‎As…

Updated

Three Banks Take Over Etisalat Over N541 Billion Debt

Reports by Vanguard and other online sources indicate that three Nigerian banks and their foreign affiliates, yesterday, took over Etisalat Nigeria for allegedly failing to repay a loan of over $1 billion (N541 billion) it secured from the consortium of three Nigerian banks and foreign affiliates in 2015. The Nigerian banks are Guaranty Trust Bank,…