30 results
- 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…
- 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…
- 16 Mar 2009
FG to Offload Stake in Nitel
Federal government has began the process of selling its stake in Nigerian Telecommunications Limited (Nitel) as the National Council on Privatization (NCP) has approved the advertisement for…
- 7 Aug 2026
Guinness Rewards Consumers with ₦17 Million in First Week of 'Open for More' Promo Draw
Guinness Nigeria has officially begun rewarding consumers under its nationwide 'Open For More' National Consumer Promotion (NCP), with an impressive ₦17 million in rewards to 107 winners during the…
- 21 Jul 2014
NCP/BPE Approves Terminal “B” Warri Old Port EOIs Extension
National Council on Privatization (NCP) in understanding with the Bureau of Public Enterprises (BPE) has approved the extension of the closing date for the submission of expressions of interest…
- 14 Jul 2026
Guinness Rolls Out Nationwide Consumer Rewards Promotion
Guinness Nigeria has launched a nationwide National Consumer Promotion (NCP) tagged ‘Open For More'. This is a consumer rewards initiative that will see more than ₦400 million in cash and prizes won…
- 25 Aug 2008
Senate Rejects BNP Paribas’s Appointment
The Senate Committee on Communications have adduced various reasons for rejecting the appointment of BNP Paribas as consultant/adviser to the National Council on Privatization (NCP) in a bid to fund…
- 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…
- 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…
- 28 Apr 2015
FG Hands Over NITEL to NATCOM, Core Investor
Federal government yesterday finally handed over the beleaguered first national telecommunications company to new core investor, NATCOM Consortium. At a ceremony attended by notable persons in the…
- 8 Jun 2009
Revocation of SSPA: Death Call for Nitel
The federal government through announced last week the revocation of Shares Sales Purchase Agreement (SSPA) it entered with Transnational Corporation of Nigeria (Transcorp) and subsequently…
- 9 Feb 2009
FG opens Bid for Sale of Savannah Sugar
The Bureau of Public Enterprises (BPE), has opened financial bids for the remaining Federal Government equity in Savannah Sugar Company (SSCL.) The Federal Government has 4.88 % in SSCL which…
- 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…
- 8 Mar 2010
New Generation Consortium Needs $4.5Bn to Rejig Nitel
New Generation Telecommunications Consortium, the preferred bidder for the purchase of a controlling stake in Nitel/Mtel may have won the first phase of the battle for what is left of the beleaguered…
- 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…
- 9 Jan 2015
NATCOM Makes Part Payment of N12.7Bn for NITEL/MTEL
Bureau of Public Enterprises (BPE) said that the preferred bidder at the recently held liquidation of NITEL/MTEL had paid $75.7 million (N12.7 billion) as part payment of its $252.5 million bid…
- 23 Feb 2012
Oil Spill Eater II Rings Solution to Oil Spill in Niger Delta
Oil Spill Eater II is the name of a non-toxic product which provides the means for moving oil spill response out of its 19th Century methodology into the realm of advanced technological 21st Century…
- 26 Jun 2012
Postal Sector Bill, Others Ready Soon – BPE
Seven bills which have been pending since 2009, including bill on the postal sector reform would be ready soon, Nigeria CommunicationsWeek can now report. Ms. Bolanle Onagoruwa, director general of…
- 1 Apr 2013
Atiku, el-Rufai Trade Words over Killing of Nitel
Mallam Nasir el-Rufai, former director general, Bureau for Public Enterprise (BPE) under whose watch the controversial contractual agreement with Pentascope, a Dutch firm to manage Nitel , Nigeria’s…
- 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…
- 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…
- 20 Dec 2018
Star Lager and Star Boy Thrill Fans At Wizkid’s Exclusive Event
Star Lager, National Premium beer, headlined the sponsorship of Wizkid’s VIP Exclusive Event held on Wednesday, 19th of December, 2018. The beer brand which is the first to be locally brewed…
- 26 Aug 2020
New Regulatory Agency Coming for Nigeria Postal Sector
An independent regulatory agency to be known as the Nigerian Postal Commission (NPC) will emerge after the reforms of the postal services sector, to ensure efficiency, service delivery and check…
- 27 Aug 2020
FG Carves Out 3 Firms from NIPOST, Plans Commission for Courier Industry
Federal Government has created three commercial ventures from the Nigerian Postal Service (NIPOST) even as it said National Postal Commission (NPC) will be established soon to regulate the courier…
- 23 Jan 2022
ALSCON Crisis: Appeal Court Affirms Order to Jail DG of BPE
The Appeal Court in Abuja on Friday in a unanimous ruling gave the Bureau of Public Enterprises (BPE), and Alex Okoh, its director-general, 30 days to comply with and enforce the July 6, 2012 order…
- 14 Jan 2019
Lagos Guber debate: ICT, security, education, others take centre stage
Information technology, Security, education, health and fight against corruption were among areas that took the centre stage of discussion at the gubernatorial debate organised by the Diocese of…
- 27 Oct 2008
Globacom, Others Race to Buy Nitel/Mtel
Globacom Limited, Nigeria's second national carrier and reputed as Africa's fastest growing telecommunications network has expressed interest in 51 percent equity of Nitel/Mtel, beleaguered premier…
- 25 May 2009
SAHCOL: BPE Begins Evaluation of Proposals
The Bureau of Public Enterprises (BPE) said that it will this week commence the evaluation of technical proposals harvested from prospective core investors for the privatisation of Skypower Aviation…
- 8 Dec 2009
Nitel Privatisation: Guiding against Previous Mistakes
The inability of Bureau for Public Enterprise (BPE) to conclude the sale of Nigerian Telecommunications Limited (Nitel) within the 60 days as directed by Vice president Goodluck Jonathan, who is also…
- 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…