Business Hilights

Tracking Nigeria's Headline Business News Online

Mubadala Development Company

Yahsat Michael Brown

Can Satellite drive broadband penetration in Nigeria better than fibre?

…Yahsat CEO, Brown prefers satellite but… A serious debate between satellite driven broadband penetration and fibre optic cables powered penetration is now trending in Nigeria. Besides, the debate is further tracked based on the fact that the challenges facing licenced…

Nnanna Etisalat

Etisalat Nigeria’s new name, 9Mobile may have come from ‘9ja4life’

New website up before end of business today With the effective change of brand name from Etisalat Nigeria to 9Mobile, after a crucial management meeting in Lagos, on Thursday, a new website which its construction started yesterday may be up…


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

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 argued that chances of a possible acquisition of the company…


Last week to decide Etisalat’s destiny on $1.2b debts owed banks begins today

Feelers form some of the major banks owed by the telecoms group; Etisalat on Sunday revealed that this week remains the period for final decision on the troubled $1.2 billion syndicated loan crisis rocking the firm with about 13 Nigerian…