Nigeria foreign exchange rate

This came months after discussions with a consortium of 13 banks, including Guaranty Trust Bank Plc and Access Bank Plc, to restructure the loan after the telecoms firm missed repayment deadlines failed to produce an agreement. In a statement on Tuesday, Etisalat Nigeria confirmed the development and said it had commenced the restructuring with changes to its shareholding.

The statement, signed by the Vice-President, Regulatory and Corporate Affairs, Etisalat Nigeria, Ibrahim Dikko, did not give details of the new shareholding structure and the likely trading name. Operations and services to our subscribers remain normal and will in no way be affected as we continue to deliver quality services to our subscribers.

The Etisalat Group, with a 45 per cent stake in the Nigerian arm, said it had been ordered to transfer its shares to a loan trustee by June 23, after negotiations failed, Reuters reported. Dikko said the management was continuing to run the business after the shareholding changes and that there were contractual and regulator issues to be finalised. Meanwhile, the NCC has assured the over 21 million Etisalat subscribers that it will do all within its regulatory power to ensure that they continue to enjoy the services provided by the operator.

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Naira Exchange Rates - Parallel Market Lagos. It added that it was carrying the stake at nil value. The TWG, with membership drawn from the….

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News Nigeria loses N20bn daily to bad Apapa road — Dangote - Today Aliko Dangote, president of Dangote Group, says the economy loses about N20 billion daily to the state of Apapa-Wharf road. Dangote, who commended the efforts of the government concerning the rehabilitation, said the state of the road is….

Ibe Kachikwu, has said. Forex , Forex Rates Dollar to Naira Rate Black Market June 21 Dollar to Naira Rate Black Market June 21 Today's Naira Black Market Exchange Rates. These are the prevalent rates for Lagos.

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Actual rates may vary slightly based on vendor. FG to release Nbn for capital projects - Punch Ifeanyi Onuba, Abuja The Federal Government is set to release the first tranche of capital release of Nbn to its Ministries, Departments and Agencies for implementation of the budget.

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