Abu Dhabi’s Mubadala fund pulls out of Etisalat Nigeria

Abu Dhabi state investment fund Mubadala has pulled out of Etisalat Nigeria after the telecoms firm failed to renegotiate a $1.2 billion loan taken out four years ago with 13 Nigerian banks, the central bank said on Friday. It gave no details on what it meant by “pulled out” but said it had intervened in…… Continue reading Abu Dhabi’s Mubadala fund pulls out of Etisalat Nigeria