Nigeria spent a total of N13.12 trillion on servicing its debts in 2024, a big jump from the N7.8 trillion it paid in 2023. This is a 68 per cent …
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FOREIGN DEBT
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AfricaAFRICA NEWSBusinessMobile Telecommunications Network (MTN)NewsNigeriaSouth AfricaSouthern AfricaTelecommunicationsWestern Africa
MTN repays billions in foreign debt due 2024
MTN Group has settled US$300-million (R5.2-billion) in Eurobonds that were due in 2024 early, helping deleverage its balance sheet. The early repayment brings MTN’s dollar-denominated debt down to 35% of total …