More Loss for Multichoce as Company Writes Off $21m in Heritage Bank After 243k Nigerians disconnect

More Loss for Multichoce as Company Writes Off $21m in Heritage Bank After 243k Nigerians disconnect …C0NTINUE READING HERE >>>

The $21 million that MultiChoice Group Limited had put in the bank has been written off by the companyIt made the decision following the revocation of Heritage Bank’s operating license earlier this yearThe group’s activities in its largest African market were further hampered by currency rate losses

Henzodaily.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

Following the liquidation of Nigeria’s Heritage Bank earlier this year,…

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