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UPDATE 1-Nigeria president approves sale of telecom Nitel

LAGOS, Oct 12 (Reuters) - Nigerian President Goodluck Jonathan approved the planned sale of state-controlled former telecoms monopoly Nitel, reviving a process that stalled over doubts about the financing behind a preferred a $2.5 billion bid.
Read the rest of the story on Reuters Nigeria

Added October 12, 2010
from Reuters Nigeria