Business Hilights

Tracking Nigeria's Headline Business News Online

United Capital Trustees Limited

9mobile 88
ICT

9mobile sale: Airtel, Helios petition FG over confidence issues

Fresh controversy is about to envelope the nearly concluded sales process of embattled 9mobile, formally Etisalat Nigeria. Only yesterday, Wednesday, indication emerged that Bharti Airtel International, owners of Airtel Nigeria and UK private equity firm, Helios Investment Partners, have petitioned…

9Mobile
ICT

9mobile: Confidence crisis hits sale as 3 out of 5 finalists develop cold feet?

Inability of the sales handlers to deny a report by The Cable since weekend that three out of the five shotlisted five companies including Airtel, Helios and Globacom may have developed cold feet in the final bidding round of troubled…

Banking/Investments

Game over as 13 banks now part owners of Etisalat, new ownership structure underway

After weeks of lifeless battle and semantics to maneuver 13 lion-eyed Nigerian banks, indication emerged Tuesday evening that the end game has been won and lost as struggling telecoms group, Etisalat Nigeria is now working out new ownership structure that…