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Etisalat acquires Dangote’s subsidiary with 3G licence

By Dayo Oketola Thursday, 2 Dec 2010 Etisalat Nigeria has acquired Alheri Mobile Services Limited, a fully owned subsidiary of the Dangote Group and a recipient of a 3G licence from the Nigerian Communications Commission. Speaking in Lagos on Wednesday, the Chief Executive Officer, Etisalat Nigeria, Mr. Steven Evans, said that, […]

Banks should seek moral regeneration – Skye Bank GMD

By Stanley Opara Thursday, 2 Dec 2010 The Group Managing Director and Chief Executive Officer, Skye Bank Plc, Mr. Kehinde Durosinmi-Etti, has said Nigerian banks should seek moral regeneration through their training programmes, policies and processes. He said this would restore the virtues that attracted young people to the banking profession […]

N18.2bn trapped funds: NDIC to pay MFB depositors next week

By Ifeanyi Onuba, Abuja Thursday, 2 Dec 2010 The Nigeria Deposit Insurance Corporation has said that it will begin the payment of N18.2bn trapped funds to depositors of 80 out of the 224 microfinance banks, whose licences were recently revoked by the Central Bank of Nigeria, from Monday next week. The […]