Tag: Stanbic ibtc

Etisalat Nigeria owes Stanbic IBTC USD24 million
Big Business

Etisalat Nigeria owes Stanbic IBTC USD24 million

Stanbic IBTC Bank, a Standard Bank unit in Nigeria has disclosed that Etisalat owes the bank USD24 million. This is approximately NGN7.3 billion using the current official exchange rate. The bank made the statement to analysts in Lagios adding that restructuring talks were “ongoing”. Etisalat Nigeria, a subsidiary of Abu […]