Tags: etisalat

Loan Scandal: CBN Browbeats Banks As Etisalat Proposes Only 10% Payment Of Bad Loans

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…

Etisalat Chairman, Hakeem Belo-Osagie Implicated In Panama Papers

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…

Etisalat Grabs Genevieve As Brand Ambassador

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…