The Peoples Democratic Party Presidential Campaign Organization has declared that President Muhammadu Buhari no longer has the moral standing to seek re-election until he directly answers its presidential candidate, Atiku Abubakar, on the revelation that the President has soiled his hands in the alleged corrupt acquisition of Etisalat Nigeria and Keystone Bank Plc.
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The Senate decision was sequel to a motion sponsored by Senator Adeola Olamilekan, who expressed dissatisfaction with the alleged diversion of the $1.2 billion for other purposes
The judgment was based on a suit filed by Christ Best West Africa Limited against Emerging Markets Telecommunication Services Limited (Etisalat Nigeria).
The Chief Executive Officer of 9mobile, Boye Olusanya, said at a news conference in Lagos that the new logo was in conformity with the new name
The confirmation was contained in a statement by the company’s Chief Executive Officer, Boye Olusanya
The demand for a change of name was handed down last week by the Etisalat Group in the United Arab Emirates, which gave three weeks ultimatum
ALTON’s Chairman, Gbenga Adebayo, told the News Agency of Nigeria in Lagos that the change of name was part of the transition process for the telecommunications company.
The management of the company said this in reaction to the three weeks ultimatum given it by United Arabs Emirate-based Etisalat Group to stop the usage of the brand name
Nigerian regulators intervened last week to save Etisalat Nigeria from collapse after talks with its lenders to renegotiate a $1.2 billion loan failed
Ojobo said that the attention of the commission had been drawn to a report by some media organisations to the effect that NCC was represented on the new Board of Etisalat.
There are four men and a woman on the Board.
The company said this is as a result of the ongoing restructuring efforts
The resignation is with immediate effect
The spokesman of the CBN, Isaac Okorafor, confirmed the intervention of the two regulators in the loan dispute
A management source close to the banks told the News Agency of Nigeria in Lagos that the banks want the government, through the Economic and Financial Crimes Commission, to wade into the matter by investigating what the company did with the loan
The assurance is coming on the heels of the change in the ownership structure of Etisalat Nigeria
Etisalat, with its parent company in the United Arab Emirate, on Tuesday confirmed the change off its shareholding structure, which was announced to the Abu Dhabi Stock Exchange on Tuesday
Dikko in a signed statement in Lagos on Thursday said there was no issue of deadlock on how to resolve the issue
The management of V-Exchange claimed that it sent a business proposal dated October 27, 2016 to Etisalat and subsequently met with the telecoms representatives on November 23, 2016, where it informed the company of some of its products with a view to partnering with Etisalat and launching the products on Etisalat’s platform
Osuntedo told the News Agency of Nigeria in Lagos that talks were still ongoing between the banks and the company