Etisalat Allegedly Going Down Today Over N541.8Billion Debt

Premium Times is reporting that three Nigerian banks are set to take over telecommunications firm Etisalat today, Wednesday, March 8, over unpaid N541.8billion debt. According to the report, the move follows the failure of the Nigerian Communication Commission (NCC) to broker a peaceful resolution between Etisalat Nigeria and a consortium of banks.The banks involved are:1. Guaranty Trust via IFTTT