{"id":2559,"date":"2013-04-23T03:34:28","date_gmt":"2013-04-23T03:34:28","guid":{"rendered":"http:\/\/disnaija.com\/nigerian-newspapers\/mtn-to-sign-3b-deal-with-banks\/"},"modified":"2013-04-23T03:34:28","modified_gmt":"2013-04-23T03:34:28","slug":"mtn-to-sign-3b-deal-with-banks","status":"publish","type":"post","link":"https:\/\/disnaija.com\/mtn-to-sign-3b-deal-with-banks\/","title":{"rendered":"MTN to sign $3b deal with banks"},"content":{"rendered":"
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Mobile giant \u00a0MTN is set to sign a $ 3 billion (N470b) loan with a consortium of banks.<\/p>\n

The telecom operator said in an invitation to the ceremony that the medium-term facility will be signed today. MTN officials declined to give details of which banks are involved or what the money is to be used for.<\/p>\n

MTN has been borrowing to upgrade its network in Nigeria, as competition hots up in its most lucrative African market.<\/p>\n

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Posted in Nigerian Newspapers. <\/a>A DisNaija.Com<\/a> network.<\/p>\n

Source: The Nation Newspaper<\/p>\n

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