The crisis confronting debt-ridden Etisalat, one of Nigeria’s biggest telecom companies, took a disturbing turn yesterday, with the Central Bank of Nigeria (CBN) urging a consortium of banks to which Etisalat is indebted to the tune of over $1.2 billion to stop putting pressure on the telecom company. Two banking sources, including one present at…
Telecoms giant, Etisalat, has been slammed with an N11 billion lawsuit barely a month after their competitor, MTN was sued for N16 billion by the Copyright Society of Nigeria, COSON. The latest is coming from the collective management organization for musical works and sound recordings in Nigeria. Joined in the suit at the Federal High…
Chairman of Etisalat Nigeria, Hakeem Belo-Osagie, has a portion of his wealth domicile in trusts and shell companies in some notorious tax havens around the world, with some in Jersey in the Channel Islands, Premium Times reports. The reputable online newspaper said the Channel Islands are a tax haven and an archipelago in the English…
The ongoing advert campaigns rolled out by two of the telecommunication companies in Nigeria, Airtel and Etisalat, have been criticised a cross-section of subscribers, who term them as ‘fraud’. The full report is reproduced below; The on-going advert campaigns by the four major telecom service providers on their 11 kobo per second tariff for calls…
One of Nigeria’s GSM network providers, Etisalat, has signed prolific actress, Genevieve Nnaji as its brand ambassador. The telecoms company announced the deal with the star actress on a popular micro-blogging website, Twitter, on Wednesday night. “We officially welcome Genevieve Nnaji as an Etisalat Ambassador for EasyFlex. We do quality not quantity. Flex 4000, Flex…