Abu Dhabi's Mubadala withdraws stake in Etisalat Nigeria

Abu Dhabi's Mubadala withdraws stake in Etisalat Nigeria

Photographer: Jonathan Drake/Bloomberg News

Abu Dhabi state investment fund Mubadala has pulled out of Etisalat Nigeria after the telecoms firm failed to renegotiate a $1.2 billion loan taken out four years ago with 13 Nigerian banks, the central bank said on Friday.

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