NigComSat-1R

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$11.44m Debt: China Threatens to Shut Down Nigeria’s Communications Satellite NigComSat-1R

Felix Ifijeh, THEWILL -
March 09, (THEWILL) — The China Great Wall Industry Corporation (CGWIC) has threatened to suspend operations of Nigeria’s communications satellite, NigComSat-1R, over an outstanding debt of $11.44 million accumulated over the past seven years. The company gave Nigerian Communications...
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Fidelity Bank Redeems $400m Eurobond at Maturity

Fidelity Bank Plc has fully redeemed its $400 million 7.625 per cent Senior Unsecured Eurobond at maturity, meeting all its payment obligations under the five-year debt instrument.
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