30 results
- 4 Oct 2013
Reps Want Bailout for Moribund NITEL, MTEL
House of Representatives yesterday passed a resolution recommending a bail out for the Nigeria Telecommunications Limited (NITEL) and the Mobile Telecommunications Company (MTel) by the Central…
- 13 Apr 2015
NATCOM Consortium Pays Outstanding N29.6Bn for NITEL, MTel
NATCOM Consortium, the preferred bidder of Nigerian Telecommunications Limited (NITEL) and its mobile arm (MTEL), has paid $176,575,700 (N29,696,469,600) being the outstanding 70 per cent of…
- 5 Aug 2014
FG Okays Two Firms for Liquidation NITEL, MTEL
The National Council on Privatisation yesterday approved two firms for the guided liquidation of the Nigeria Telecommunication Limited (NITEL) and its mobile arm, MTEL. The two firms, NATCOM…
- 3 Dec 2014
NATCOM Offers $252m, Wins Bid for NITEL, Mtel
NATCOM Consortium, a special purpose vehicle has emerged the preferred for the Nigerian Telecommunications Limited (NITEL) and Nigerian Mobile Telecommunications Limited (Mtel), its mobile subsidiary…
- 15 Oct 2009
GSM Holders, Globacom Barred from Bidding for Mtel, Sat-3
Bureau of Public Enterprises (BPE) has disqualified GSM license holders (MTN, Etisalat, Zain and Glo) from buying Mtel, the mobile arm of Nitel, Nigeria’s beleaguered national carrier, Nigeria…
- 7 Sept 2009
Sat-3, Mtel, Main Attractions of Nitel Sale
Nigerian Telecommunications Limited (Nitel), the beleaguered national operator plagued by industrial actions, equipment loss and vandalism, a chronic lack of investment and allegations of…
- 21 Jul 2014
Investor in Court to Stop Sale of NITEL, MTEL
Basbsim International Limited has initiated a legal action against the moves by the Federal Government to sell the assets of moribund Nigeria Telecommunications (NITEL) Plc and Nigeria Mobile…
- 12 Jul 2013
FG Appoints Olutola Senbore and Co to Liquidate Nitel, Mtel
Federal government has appointed Olutola Senbore and Co., a consultant liquidator of Nigeria Telecommunications Limited (Nitel) and M-TEL, its mobile subsidiary after several attempts to privatize…
- 19 Dec 2014
NCP Ratifies Sale of NITEL, MTEL
National Council on Privatisation (NCP) yesterday formally ratified the sales of the Nigerian Telecommunications Limited and its subsidiary Mobile Telecommunications Limited to NATCOM Consortium. The…
- 9 Jan 2020
NITEL, MTEL Pensioners Get N842m from PTAD
The Pension Transitional Arrangement Directorate (PTAD) has paid one-month pension arrears of N842.8 million to pensioners of the defunct NITEL/Mtel in December, 2019. Dr. Chioma Ejikeme, executive…
- 17 Apr 2015
FG Approves Handover of NITEL/ Mtel to NATCOM
Federal government is to handover NITEL/MTEL facilities to NATCOM consortium having completed the payment of $252.251million cost of acquisition, according to Haruna Sambo, deputy chairman, National…
- 4 Dec 2015
Reps Urge FG to Revoke Sale of NITEL/MTEL
House of Representatives, yesterday, resolved to conduct an investigation into the sale of Nigerian Telecommunications (NITEL), and Mobile Telecommunications (MTEL), by the Bureau of Public…
- 12 Mar 2016
Reps Okay Sale of NITEL/MTEL to NATCOM
The House of Representatives yesterday approved the sale of Nigerian Telecommunications Ltd (NITEL) and its mobile arm, MTEL, to the NATCOM Consortium. The approval was given after the House adopted…
- 2 Feb 2014
FG to Make Another Attempt to Wind-Down NITEL
The federal government is to restart attempt to wind down Nigerian Telecommunications Limited (NITEL)., the moribund national carrier and MTEL, it mobile subsidiary, after a court blocked its…
- 8 Feb 2016
NATCOM Says New NITEL Employ 10,000 Nigerians
Nigerian Telecommunications Limited (NITEL) and MTEL, its mobile subsidiary are to employ 10,000 Nigerians, according to Mr. Olatunde Ayeni, chairman, NATCOM, new owners of the once…
- 19 Jan 2016
NATCOM Injects $1Bn in NITEL, Begins Operations in March
NATCOM Development and Investment Limited, new owners of Nigerian Telecommunication Limited (NITEL) and its sister company, Mobile Telecommunication Limited (Mtel), has reportedly spent about $1…
- 12 May 2008
Transcorp and Nitel’s Fortune
This is certainly not the best of times for Nigerian Telecommunications Limited (Nitel), and its mobile arm, Mtel, no thanks to recent events which have flung and scattered the national carrier among…
- 6 May 2008
Nitel: FG Accuses Transcorp of Incompetence
The prolonged claims and counter charges surrounding Transcorp activities in Nitel, the premier national carrier and Mtel, its mobile arm took a new twist at the weekend with the federal government…
- 4 Aug 2008
BNP Paribas to Advice on Nitel Sales
BNP Paribas Consortium to offer Technical advisory services for the privatization of the Nigerian Telecommunications (NITEL) and its mobile outfit (MTEL), following the emergence of the consortium as…
- 15 Mar 2010
NCP Sets up Committee to Probe Nitel Bidders
The National Council on Privatisation (NCP) has set up a seven-member ad-hoc committee to undertake further due diligence on the prospective investors that bid for the sale of Nigeria…
- 25 Jan 2010
BPE Fixes Feb. 5 as Deadline for Submission of Proposal on Nitel
Bureau of Public Enterprise (BPE) has extended the deadline for the submission of technical and financial proposals for the privatization of Nigerian Telecommunications Plc (NITEL) and its mobile…
- 14 Dec 2009
Nitel to Borrow N3Bn from Pension to Pay Salary Arrears
The National Council on Privatisation has approved that N3 billion be borrowed from the accounts of Nitel Pension Fund in Liquidation to pay five months salary of workers of the Nigeria…
- 18 Jan 2010
Investors Bidding for Nitel Increases to 14
The number of investors bidding to acquire the 75 per cent equity share being offered for sale in the Nigeria Telecommunication Company limited (Nitel) by the government, has risen to 14 from the 10…
- 19 Mar 2012
Why Nitel Cannot Be Sold for $105m - BPE
Nitel, Nigeria’s crippled public telecom provider which has been in the open market but without buyer for over a decade is still not looking good even as the Bureau of Public Enterprises, (BPE), the…
- 17 Jan 2018
PTAD lauds Impact of Technology in Pension Verification
Mrs Sharon Ikeazor, Executive Secretary, Pension Transitional Arrangement Directorate (PTAD) says the deployment of technology has made pension verification seamless. Few years ago, when PTAD was…
- 3 Jul 2026
FG Clears N39Bn Pension Arrears for NITEL, PHCN, Other Retirees
Federal Government has cleared nearly N39 billion in outstanding pension liabilities owed to retirees under the Defined Benefit Scheme (DBS), including former employees of the defunct Nigerian…
- 9 Dec 2013
OneCard Nigeria Appoints Ahmad Baba CEO
OneCard Nigeria, a fast moving consumer goods company that provides top up solutions on services on multiple platforms ranging from mobile phones, toll fees, pay television and fuel cards nationwide…
- 14 Sept 2014
Remains of CDMAs Litter Telecom Graveyard
Nigerian Communications Commission (NCC), the telecoms industry regulator has declared 13 telecoms operators inactive, suggesting a crowded graveyard especially for the once active code division…
- 10 Sept 2014
NCC Declares Starcomms, 12 Other Telcos Inactive
Nigerian Communications Commission (NCC), the telecoms industry regulator has declared 13 telecoms operators that were hitherto vibrant, as inactive. The list of inactive operators, which was posted…
- 4 Apr 2013
el-Rufai Responsible for Nitel’s Death, Former Workers Claim
Some former chief executives, union members and retirees of failed national carrier, the Nigeria Telecommunications Limited (Nitel) have joined the war of words over the failure of national carrier…