Business
MTN secures N200bn loan from Diamond bank, 11 others
MTN Telecommunications Nigeria Limited, today, signed a N200 billion major loan deal with twelve Nigerian banks. The medium-term loan will help facilitate the company’s expansion plans, particularly the expansion of its operations into underserved parts of Nigeria such as villages.
The 12 banks are Diamond Bank Plc, Fidelity Bank Plc, First Bank Nigeria Plc, Standard Chartered Bank Plc, Stanbic IBTC Bank Plc, Union Bank of Nigeria Plc, and Unity Bank of Nigeria Plc.
Citibank Nigeria Limited, Ecobank Nigeria Plc, First City Monument Bank Plc, FSDH Merchant Bank Limited and Rand Merchant Bank Nigeria Limited were also part of the deal.
-
Education1 week agoUniversity of Ibadan releases 2026/2027 post-UTME screening results
-
Football1 week agoUnpaid £185m Club World Cup fund sparks fresh FIFA controversy
-
Football3 days agoFrance confirms U-20 Women’s World Cup participation amid FIFA-UEFA rift
-
Business3 days agoNigeria’s external debt service falls 31.5% to $954m in Q1 2026
-
Business1 week agoBreaking: NNPCL reduces pump price of petrol as competition intensifies
-
Featured3 days agoOsun Governorship Election: Adeleke faces tough test as APC, ADC mount challenge
-
Latest2 days agoNFF denies calling for Infantino’s resignation
-
Business3 days agoNaira at ₦1,360/$: Can the currency’s new stability last?