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.
Veteran Nollywood actor, film producer, and respected cultural ambassador, Prince Jide Kosoko, has extended his…
The Zamfara State Government has signed an Air Route Development Partnership Agreement with XEJet Limited…
Nigeria’s growing dependence on digital connectivity means prolonged telecommunications disruptions could affect businesses, jobs and…
BY MICHAEL AKINOLA Trial of the Accountant-General of Bauchi State, Sirajo Muhammed Jaja continued on…
Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Ajayi Obasa, has described…
The Benin-Asaba Expressway Concession Company Limited (BAECC) has announced the appointment of renowned Public-Private Partnership…