The efforts of the embattle debtor teleco, Etisalat Nigeria seeking reprieve from the Central Bank of Nigeria (CBN) and telecom regulator, Nigerian Communications Commission (NCC) over the his debt to four Banks yielded at last after meeting convened by financial regulator, to find a quick resolution to the loan default crisis facing the company. The […]
Read MoreThe potential for Nigeria, Africa’s biggest economy, to become a construction powerhouse is massive. However, like many developing nations, its workforce requires upskilling to meet this challenge. All that is about to change thanks to a collaboration between Cross River State’s government and a UK-based education management firm. Called the “Royal Academy for Construction and […]
Read MoreNigerian banks have opposed a proposal by Etisalat Nigeria to convert part of a $1.2 billion loan from dollars into naira and want Abu Dhabi telecoms group Etisalat and its other shareholders to recapitalise it instead, a source said. A banker with knowledge of the negotiations told Reuters that the seven-year syndicated loan, on which […]
Read MoreAFTER severe setback last year following the crisis of its smartphone, Galaxy S7, Samsung Electronics Co Ltd, has shock the entire mobile device market with the introduction of an Artificial Intelligence smartphone, Galaxy S8 flagship smartphone. The latest device launch which signalled the retaking of its market leadership it lost to Apple Incorporated was unveiled […]
Read MoreTRUECALLER has gone into a strategic agreement with Google to integrate Google Duo, a high quality video calling service, within the Truecaller app. This will add a crucial communications layer that strengthens the value of Truecaller’s wildly popular dialler, caller ID, and spam blocking app already used by more than 250 million users globally. The […]
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