Why 13 creditor banks suddenly seized fire on 9mobile, formally Etisalat
Two weeks of undercover investigations by Business Hilights Economic Research Team (BHERT) on why the rush and aggression deployed by the consortium of 13 banks fighting for their trapped $1.2bn at Etisalat Nigeria, now 9Mobile suddenly eased has paid off….
NCC hosts 9Mobile exco, opens up on why it intervened with CBN
At last, the Nigerian Communications Commission (NCC) has revealed why it was attracted to resolving the Etisalat debt issue, saying it had targeted a hanging $2bn Foreign Direct Investment (FDI) expected from Mubadala of United Arab Emirates, core investors in…
UAE based Etisalat Group terminates rights granted EMTS, banks today
Final lap of severance of business relations between the United Arab Emirates (UAE)-based Etisalat Group will end today with the termination of all rights granted to the Emerging Markets Telecommunication Services (EMTS) Limited and EMTS lenders to use its Etisalat…
CBN makes key management appointments at Etisalat to drive transition process
The Central Bank of Nigeria (CBN) on Tuesday, announced in Acting Capacity, one of its deputy governors, Dr. Joseph Nnanna as Chairman for a replacement of the founding chairman of Etisalat Nigeria, Mr. Hakeem Bello-Osagie who resigned late last week….