Tag: ETISALAT

$1b Loan: CBN, NCC Launch Rescue Mission For Etisalat

Filed in News by on March 10, 2017 0 Comments
$1b Loan: CBN, NCC Launch Rescue Mission For Etisalat

A rescue mission was launched yesterday for troubled mobile giant Etisalat. The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) resolved to intervene in the over $1billion loan repayment issue between the telco and its local creditors. According to the NCC, the decision was taken yesterday afternoon after a meeting in Abuja […]

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Etisalat In Talks With Banks Over $1b Loan

Filed in News by on March 9, 2017 0 Comments
Etisalat In Talks With Banks Over $1b Loan

Global Systems Mobile Communication (GSM) service provider Etisalat is locked in discussions with its creditors who are battling to recover a $1billion loan. In the talks are three banks – Zenith Bank, Access Bank and Guaranty Trust Bank—which advanced the telco the loan about two years ago. A large portion of the loan, which was […]

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Etisalat, FC Barca U-17 Schools’ Cup Set To Inspire Talents

Filed in News by on August 5, 2013 0 Comments
Etisalat, FC Barca U-17 Schools’ Cup Set To Inspire Talents

Fun, excitement and display of talents are some features football lovers can look forward to as Etisalat Nigeria, last weekend, announced the launch of the Etisalat FC Barcelona U-17 School’s Cup; a 5-A-Side football competition for secondary schools in Lagos. In the competition, 16 secondary schools are competing against each other for the star prize […]

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Porting: MTN Is Biggest Loser, Etisalat Biggest Gainer

Filed in Business by on August 1, 2013 0 Comments
Porting: MTN Is Biggest Loser, Etisalat Biggest Gainer

 MTN Nigeria has taken a big hit by recording 49 per cent of the overall subscribers that have switched service providers under the recently introduced Mobile Number Portability (MNP) scheme, according to figures released this week by the Nigerian Communications Commission (NCC). With over 114 million active phone lines in Nigeria, mobile phone subscribers now […]

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MTN, Etisalat, Others Frustrate Criminal Investigations –Police

Filed in News by on July 22, 2013 0 Comments
MTN, Etisalat, Others Frustrate Criminal Investigations –Police

Some of the criminal investigations carried out by the police suffer setback because of the refusal of some major telecommunications companies in the country to cooperate with security agents, Daily Independent has learnt. A senior police officer at the Federal Anti-robbery Squad (FEDSARS) at Adeniji Adele in the Lagos Island Local Government area of Lagos […]

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