Etisalat Nigeria

The management of Keystone Bank says it has no ties with President Muhammadu Buhari or former vice president Atiku Abubakar.

A group of investors in Lagos State has denied claims that members of President Muhammadu Buhari’s family own shares in Etisalat Nigeria and Keystone Bank, declaring that the allegation was false.

The campaign of lies and falsehood launched against President Muhammadu Buhari and members of his family by Peoples Democratic Party (PDP) and its presidential candidate Atiku Abubakar will not stick.

The Peoples Democratic Party Presidential Campaign Organization has accuse the Buhari Presidency and the All Progressives Congress of secretly drawing over N478 million from the coffers of the Niger Delta Development Commission to rent a crowd and offset bills in President Muhammadu Buhari’s expensive re-election campaign rally held on Friday in Uyo, Akwa Ibom State.

Shehu Sani, the Senator representing Kaduna Central has called on Etisalat Nigeria and Keystone Bank PLC to publish the full names of their shareholders to verify President Muhammadu Buhari’s alleged ownership of shares.

The Peoples Democratic Party (PDP) Presidential Campaign Organisation (PPCO) has challenged President Muhammadu Buhari to answer an allegation made by Atiku Abubakar that family members of the president had acquired Etisalat Nigeria and Keystone Bank Plc at the tune of N1.032 trillion.

Nigerian Music star, Olubankole Wellington, a.k.a Banky W says his nine-year old Range Rover Sports will be auctioned for charity.

After series of twists and legal turns in the takeover process of 9mobile, Teleology Technology Limited on Monday officially took over the operational affairs of the telecoms company.

The operators of 9mobile, formerly Etisalat, Emerging Markets Telecommunication Services Limited, has thanked Nigerians for their patronage as the company marks its 10th anniversary in Nigeria.

The bid for the sale of 9mobile equities followed disagreement between Emerging Markets Telecommunication Services Limited (EMTS), formerly trading as Etisalat Nigeria, and the banks to restructure the repayment of a seven-year mid-term facility secured by the telco to service an existing loan and expand its network in 2013.

The chief executive officer (CEO) of 9mobile, Boye Onasanya, has finally confirmed that the telecommunications company, formerly known as Etisalat Nigeria, will be sold to Teleology Holdings.

Indications have emerged that Teleology Holdings Limited may have been finally selected as the preferred bidder for 9Mobile, formerly Etisalat Nigeria, the country’s fourth-largest mobile network.

Spectrum Wireless Communication has issued a buyers beware notice on the sale of 9mobile.

The sale process of 9mobile will now be concluded on January 16, 2018 following an approval of the extension of the deadline by the Nigerian Communications Commission (NCC), according to TheCable.

The House of Representatives ad-hoc committee investigating the operations of telecommunications service providers and vendors yesterday summoned some heads of telecoms companies in the country over alleged non-payment of taxes and the required percentages of their profits to the Federal Government.

If the Sunil Mittal-led telecom firm buys 9mobile, it will become the number one operator in Nigeria, Goldman Sachs added in the report based on an analyst meet arranged by the company.

Private equity firm Helios Investment Partners has submitted a bid to acquire Nigeria’s 9mobile under a sale process aimed at finding new investors for the debt-laden telecoms firm, one person fimilar with the matter told Reuters.

The House of Representatives has mandated its Committee on Telecommunications to investigate and ascertain the circumstances which led to the collapse of Etisalat Network so as to protect Nigerian subscribers’ interest.