Big Business

Nigerian banks finally takeover ‘struggling’ Etisalat
Big Business

Nigerian banks finally takeover ‘struggling’ Etisalat

A consortium of Nigerian and international banks have finally taken over Etisalat Nigeria, registered as Emerging Markets Telecommunications Limited. The consortium has appointed United Capital Limited, an asset management company as the consultant. Etisalat UAE, a co-investor with Mubadala Development Company PSJC said it has instructed Etisalat Nigeria to transfer […]

The positive in Nigeria’s recession
Big Business

The positive in Nigeria’s recession

As Nigeria’s recession recedes, there is an aura of good news spreading across Nigeria’s economy. Inflation is decelerating on a month on month basis since the beginning of the first quarter. However, the situation is not ‘All well and dandy’. At 16.25%, the Nigerian Bureau of Statistics, NBS said in […]