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Tag Archives: Etisalat Nigeria

Senate probe of Etisalat’s $1.2bn debt may disrupt buyers’ appetite—Experts

NASS Abuja

…As Fidelity Bank takes 5% impairment charge on debt Industry analysts have picked holes in recent move by the Senate on Tuesday to begin investigation into the crisis between Etisalat ...

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How Etisalat experience forced NCC to begin telecoms stress test

The telecoms regulator, Nigerian Communications Commission (NCC), has technically begun stress test to weigh and ascertain the liquidity status of mega telecoms to avoid the repeat of the 9Mobile experience, ...

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9Mobile unveils website, www.9mobile.com.ng, says life begins @9

9Mobile

Formerly Etisalat Nigeria, now 9Moblie today, Tuesday, July 18, 2017 unveiled its new website, www.9moblie.com.ng. In a telephone interview with a senior official of the telecoms industry regulator, Nigerian Communications ...

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Etisalat’s 18.5m subscriber base bad for foreign buyers, good for Glo—BH Analysis

Etisalat banks

Contrary to speculations that Etisalat Nigeria loan default crisis will finally terminate with foreign investors coming to acquire its assets and liabilities, analysis of facts and figures on ground has ...

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Etisalat Experience forcing NCC board to think stress test for telecoms

NCC Borad Cm

Considering the near financial insolvency troubling Etisalat Nigeria in the last couple of months following its inability to pay back $1.2bn syndicated loan from a consortium of 13 banks, the ...

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Etisalat’s destiny to be decided in six months as new appointees take charge

Nnanna Etisalat

Though the safety of subscribers is now guaranteed, issues surrounding who will own Etisalat Nigeria is expected to be figured out within the next six months of the transition managers ...

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Why Nnanna, Ex-CBN Dep. Gov. was appointed to lead turnaround of Etisalat Nigeria

Nnanna Etisalat

More details have emerged on the choice the former deputy governor, Financial System Stability of Central Bank of Nigeria (CBN), Dr. Joseph Nnanna, as the new chairman of Etisalat Nigeria. ...

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CBN makes key management appointments at Etisalat to drive transition process

Etisalat

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 ...

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Etisalat: Window of hostile acquisition widens with Belo-Osagie’s resignation

Etisalat

Following the resignation of the Chairman of Etisalat Nigeria, Hakeem Belo-Osagie, from the telecommunications company over the $588.6m debt owed a consortium of 13 banks, pundits following the development has ...

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Etisalat’s loan: CBN, NCC should stop tossing lenders’ around—Banks’ shareholders’

Leading capital market pundits and leadership structures of shareholders associations have waded in to the Snell speed handling of the $1.2bn syndicated loan default between Etisalat Nigeria and a consortium ...

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