Just like the Nigerian Communications Commission (NCC), the leadership of the Central Bank of Nigeria (CBN) has informed the 13 banks that extended a $1.2 billion facility to Etisalat Nigeria that it would resist the move by the lenders to take over the network operator without its express approval.
This was the fallout of a meeting held between CBN officials and the CEOs of the 13 banks Wednesday in Abuja.
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