MTN Nigeria CEO Karl Toriola joined the Global Business Report to speak on the recent upgrade of the company’s Global Credit Rating, among other topics.
Nigeria’s largest telecommunications company by subscribers announced that the GCR upgraded the national scale long-term rating of the recently concluded N110 billion Series 1 Senior Unsecured Bond to AAA with a stable outlook.
Toriola says the upgrade is a reflection of strong cash generation opportunities, strong competitive position, minimal risk in business, good governance and a strong management team.
Toriola continues that the upgrade gives MTN Nigeria the ability to raise capital at a lower rate because of a lower risk premium.
Watch the interview for more…
[bc_video video_id=”6260818548001″ account_id=”6116119081001″ player_id=”default” embed=”in-page” padding_top=”56%” autoplay=”” min_width=”0px” playsinline=”” picture_in_picture=”” max_width=”640px” mute=”” width=”100%” height=”100%” ]
Follow us on:
President Bola Tinubu on Friday declared that his purpose for seeking the nation's number one…
Kano state government is partnering Tony Blair Institute for Global Change to attract $23.5 million…
Nigeria's federal government has said it is currently reviewing the nation’s legal frameworks, among other…
The Nnamdi Azikiwe International Airport, Abuja, and the Port Harcourt International Airport have been recognised…
https://cdn.veri.app/13646108-d5ec-478b-a54c-b01f60dbca29.mp4 President Bola Ahmed Tinubu On Thursday directed Vice President, Kashim Shettima to lead Nigeria’s…
The United Sates (US) Vice President Kamala Harris has expressed her willingness to use her…