MTN secures N200bn loan from 12 Nigerian banks

MTN secures N200bn loan from 12 Nigerian banks MTN Nigeria has secured a N200 billion ($553.5 million) loan from 12 Nigerian banks. The loan, which the company will pay back over the next seven years (including a 2-year moratorium), will be used to fund its capital expenditure (CAPEX), working capital and new business opportunities as they…
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