Etisalat owes 13 banks N377bn, to renegotiate payment
The Nigerian affiliate of Abu Dhabi-listed telecoms company Etisalat is in talks with 13 Nigerian banks to renegotiate the terms of a $1.2 billion loan it took out four years…
How Ashinze, Dasuki’ aide, others shared N5.6bn – EFCC Witness
Hassan Seidu, a witness of the Economic and Financial Crimes Commission, EFCC has told Justice Gabrial Kolawole of the Federal High Court, Abuja how Nicholas Ashinze, and others got N5.6billion…
Osinbajo marks 60th birthday, says ‘I feel so blessed’
Acting President Yemi Osinbajo marked his 60th birthday with Federal Executive Council (FEC) members on Wednesday at the State House, Abuja. He told media men at the end of the…
Ethiopian Airlines opens Kaduna airport, lands Dreamliner with 52 passengers
The Ethiopian airlines on Wednesday opened route for daily International flight operations at the Kaduna international airport, hours before the planned shutdown of the Abuja International airport scheduled for 12:00…
Ex-military Governor, Adebayo, dies on eve of 89th birthday
The former military governor of defunct Western Region, Gen. Adeyinka Adebayo, is dead The elder statesman died in Lagos on Wednesday on the eve of his 89th birthday. Family sources…
ZTE sees $343m loss after $1bn US settlement
Chinese vendor ZTE, just hours after announcing a near $1 billion settlement with the US government, issued its guidance for 2016, with a projected net loss of CNY2.36 billion ($343…
Customs dares Senate, to go ahead with swoop on automobiles over duties
Despite the resolution by the Senate to halt the planned Nigerian Customs Service nationwide swoop on vehicles without duties, the Customs is going ahead with the plan. Rather than address…
MTN South Africa CEO quits in latest management upheaval
MTN South Africa CEO Mteto Nyati will leave the company on 13 March and is set to be replaced by the group’s current VP Godfrey Motsa. In a filing on…
Bloody Wednesday as five die in Osun Yoruba-Hausa community fight
A bloody fight between two ethnically opposing communities in Sabo Are of Ile- Ife in Osun state has claimed five people. Trouble reportedly started Tuesday night when a Yoruba trader…
MTN South Africa CEO quits in latest management upheaval
MTN South Africa CEO Mteto Nyati will leave the company on 13 March and is set to be replaced by the group’s current VP Godfrey Motsa. In a filing on…