Microsoft gives fresh lead to why it diverted $30bn data centre to S’Africa
Additional ‘veiled’ reason on why Microsoft Corp. suddenly diverted its publicized $30 billion investments in new data centre from Nigeria to South Africa may have been revealed based on the company’s position during a one-day government conference on digital transformation…
Missing in 2018 ‘Where to invest in Africa’ minus for Nigeria at ITU
…priceless data floor may also weaken investors The 2017 edition of International Telecommunications Union (ITU) Telecoms conference in Busan, South Korea, kicked off on Monday with the Minister of Communications leading over 30 delegates peopled by officials of the Nigerian…
Why NBS, NCC figures are more credible to CB Insights report on sector growth
Nigeria and other African governments that did not take issues of gathering, processing and disseminating development statistics serious will continue to fall prey to unreliable data presented by the western world on Africa’s development. This was the summary of the…
CJN mulls review of NCC Act 14 years on, says many new things not covered
The Chief Justice of Nigeria (CJN), Justice Walter Onnoghen, has opened up on the need to quickly carry out a review of the 2003 Act establishing the Nigerian Communications Commission (NCC), saying it has not only become obsolete but emergence…
USPF Changemaker Challenge 2017 seeks youths’ creativity in problem solving
The Universal Service Provision Fund (USPF), has structured a platform designed to challenge Nigerian youths to engage their ingenuity to solve current problems using creativity and innovation. Tagged the USPF Innovation Changemaker Challenge 2017, the contest is coming as a…
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 of 13 banks. Running for months now, Etisalat Nigeria had…
Delegates of NCC at the ‘Broadband for All Summit’ with US telecoms boss, Pai
Delegation of Nigerian Communications Commission (NCC) to the ‘Broadband For All Summit’ holding in Sweden in a group photograph with the Chairman of USA Federal Communications Commission, Mr. Ajit Pai.
NCA: How Etisalat’s operating licence can be transferred to banks’ on further default
Barring further collapse of Etisalat’s $1.2bn syndicated loan repayment negotiations this week, legal experts have smoked out a possibility from the extant Nigerian Communications Act (NCA), showing that even though issuance of a mobile telephone license is personal to the…
How issues surrounding Etisalat’s $1.2bn loan crisis watered down Glo’s interest
More details emerged over the weekend indicating apparent loss of interest by Globacom in finalizing acquisition plans of the embattled Etisalat Nigeria. The key factors that botched the plan was traced to the unresolved debt crisis, the entire handling, information…
New twist as banks seek forensic investigation on how Etisalat used $1.2bn loan
Fresh strange developments seem to be trailing the ongoing determination of the destiny of embattled telecoms group, Etisalat this week. Latest on Wednesday indicates that the consortium of 13 banks, involved in Etisalat Nigeria’s $1.2bn loan has changed its game,…
