Tag Archives: Etisalat debt

There is no respite yet for the crisis rocking ETISALAT that has now metamorphosed to 9MOBILE as Industrial training Fund and its Director General have renewed their legal battle against the Telecommunication giant in a bid to collect statutory contributions in the sum of N4,5570,093,340.57 from the company. In a statement of  claim filed before the court by a Lagos lawyer Dr Clifford …

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Etisalat Nigeria has changed its brand name to 9Mobile, reports have said. The name change follows the pullout of Mubadala Group, Etisalat’s major investor from the United Arab Emirates, over a $1.4bn (N541bn) debt.  

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The board of the Nigerian Communications Commission (NCC) has held an emergency meeting to review the Etisalat debt issue in its entirety and also the intervention made by the commission. This is even as a House of Representatives panel on Thursday intervened in the current financial crisis that is rocking the telecom company in order to forestall further crisis. The …

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