$125m Loan Default Threatens Smile Communications’ Operations

Emma Okonji Smile Communications, the broadband company which emerged as the reserved bidder in the sale of 9mobile is currently battling with a loan default of $125 million, THISDAY has gathered. According to reliable sources, Smile Communications got the loan from Afrexim Bank, and routed the loan through a local bank, Diamond Bank.

Posted: 2018-05-09 05:02:00

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