Telcos squeezed as domestic loans’ interest rates rise

    Temitayo Jaiyeola | Top Stories | May 26, 2025    
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MTN Nigeria Communications Plc and Airtel Africa have aggressively reduced their foreign debt exposure, repaying $1.12 billion between March 2024 and March 2025 in a move to mitigate foreign exchange (FX) risk and return to profitability.

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