Zenith Bank makes provision for 30% of loan to 9Mobile

Zenith Bank makes provision for 30% of loan to 9Mobile

Nigeria’s Zenith Bank has made a provision on 30 percent of its loan to 9mobile, the country’s fourth largest telecoms group formerly known as Etisalat Nigeria, the bank’s chief executive said on Monday. “We have taken about 30 percent … as a provision which we believe is very prudent as the company is undergoing restructuring…

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