Nigeria gets approval to try to sell Nitel, but success is not guaranteed

A Nigerian court last week gave the green light to the privatization of state-owned Nigeria Telecommunications (Nitel) and its mobile arm, Mobile Telecommunications (Mtel), but there are no guarantees this latest effort to sell the company will succeed. In October last year, Nigerias lawmakers passed a motion in the House of Representatives to block a planned liquidation of the company ...
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Added October 13, 2014
from Yahoo Nigerian News