Tag: Nigeria

Nigeria’s Communication Minister Visits ntel, Commends Huge Investments

25/4/2016/ntel NatCom Development and Investment Limited (trading as ‘ntel’), the company that acquired the core assets of NiTel/MTel (in liquidation) played host to Barrister Adebayo Shittu, the honourable Minister of Communication at their Tier III data center in Lagos on Monday April 25, 2016. The minister who was accompanied by […]

Nigeria to meet repayment to bondholders for cash-strapped states

25/4/2016/Reuters The Nigerian government will allow cash-strapped states to defer deductions for loans in March so that they will have sufficient funds to pay salaries, the finance ministry said on Monday. The government will instead make loan repayments to bondholders on the states’ behalf, the ministry said. Deductions of 10.9 […]