$21 million loss

  1. MultiChoice Faces Financial Setback as $21 Million Is Forfeited Due to Heritage Bank’s Collapse

    Nigeria MultiChoice Faces Financial Setback as $21 Million Is Forfeited Due to Heritage Bank’s Collapse

    MultiChoice forfeited a $21 million deposit with Heritage Bank after the bank's liquidation in 2024. The loss is part of the company's financial challenges in Nigeria, including a drop in cash remittances and subscriber losses, worsened by inflation and naira devaluation. MultiChoice Group has...
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