Smile Telecoms Holdings Ltd., a Pan-African telecommunications group with operations in Nigeria, Uganda, Tanzania, and the Democratic Republic of the Congo, announced today, March 30th 2021 that its RP (Restructuring Plan) has been approved and agreed with the lenders.
This debt restructuring plan sees an injection in fresh money funding from Smile’s majority shareholder, the Al Nahla, and rescheduling on debt repayment until post-March 2022.
The fresh injection of $51m in funding for Operations will further enhance Smile’s position in its respective markets and energize Smile’s operations and support efforts towards achieving better performance.
The Permanent Chairman of the Southern Nigerian Traditional Rulers Council (SNTRC), Arole Oodua Olofin…
As Nigeria commemorated Democracy Day, the leadership of the Geneith Health Competition (GHC) joined millions…
Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has congratulated some…
As Nigeria marks another historic June 12 Democracy Day, prominent political leader, Aarebirin Hon. Princess…
OLALEKAN ONI As Nigeria marks another Democracy Day, the Executive Chairman of Ikeja Local Government,…
JMG Limited, Nigeria’s foremost integrated electromechanical solutions company is celebrating 28 years of innovation, growth, and industry leadership, marking…