A Special Purpose Vehicle, NATCOM Consortium, on Wednesday
offered to pay $252.25m for the Nigerian Telecommunications Limited and its
mobile subsidiary, the Nigerian Mobile Telecommunications Limited. With no competitor, and with the offer meeting the reserve price set for the
telecommunication companies, NATCOM stands as the potential core investor in
the beleaguered public telecommunications companies. Two more hurdles, however, are ahead to be cleared. First, the bid has to be
approved by the National Council on Privatisation chaired by Vice President
Namadi Sambo; and the second is the consortium should be able to pay within
the specified time.
|
EDESON DOCUMENTARY: How To Check Your Blood Pressure ( Hypertension; Symptoms, Causes And Treatment)
Tuesday, December 9, 2014
Privatization: NATCOM to Acquire Nigeria Telecommunication – Nitel
Wednesday, December 3, 2014
President Jonathan honours & Hosts CEOs of Top100 companies in Nigeria
President Jonathan and the CEOs |
President Goodluck Jonathan on Monday, December 1, give special recognition to the top 100 Nigerian businesses that have contributed to making Nigeria the largest economy in Africa. The presidential dinner which HELD at the Presidential Villa, targerted at celebrating investors in the Nigerian economic space and encouraging more investement flow. According to the Chairman of the Business Assessment Committee, Mr. Jim Obazee, who is also the Chief Executive Officer of the Financial Reporting Council of Nigeria, the companies
Subscribe to:
Posts (Atom)