Assign modules on offcanvas module position to make them visible in the sidebar.

Testimonials

Visit Elombah.com for breaking news from Nigeria

Visit Elombah.com for breaking news from Nigeria

For those interested in acquiring 9mobile, the Nigerian Communications Commission (NCC) has set a new deadline to conclude its acquisition.

The NCC has stated that the bidding for the acquisition of 9Mobile is Jan. 16, as against Dec. 31, 2017, the former date.

The Director, Public Affairs of NCC, Mr Tony Ojobo, said that the extension was because there had not been any preferred bidder for the acquisition of 9Mobile in a statement on Friday.

Ojobo said that an approval of the request for extension of time by the 9Mobile Interim Board was given by the two regulators, NCC and the Central Bank of Nigeria (CBN).

He said that the approval set the deadline for the receipt of biding offers from the prospective bidders till Jan. 16, 2018.

“Our attention has been drawn to newspaper publications alleging that a preferred bidder has been anointed to acquire 9Mobile and otherwise speculating on the outcome of the ownership transfer process.

“For the avoidance of doubt, we wish to provide clarification that Barclays Africa remains in full control of the process leading to the emergence of a new owner for the company.

“Barclays has not authorised any publication on the matter and is obliged to maintain full confidentiality thereon.

“Contrary to speculations that a winner will be announced on the same day (Jan.16), we wish to clarify that Barclays is expected to review the bids received by the deadline and to make recommendations to the 9Mobile Interim Board thereafter,’’ Ojobo said.

He said that the NCC and the CBN would be duly notified once the 9Mobile Interim Board accepted Barclays’ recommendations and a winning bid was determined in accordance with the terms of the exercise.

----

Would you like to be receiving ALL Elombah.com news links ‘On The Go’ on WhatsApp Or Telegram?  If yes, please provide us your Telephone number via This email address is being protected from spambots. You need JavaScript enabled to view it. or sms/inbox +2349050382526 and you are ready to go!

© Copyright 2017 www.elombah.com; unless otherwise indicated, all images are courtesy of Twitter; send eyewitness accounts/reports/articles to This email address is being protected from spambots. You need JavaScript enabled to view it.; follow us on twitter @Elombah; like our Facebook page: Elombah.com; join us on WhatsApp HERE

For adverts & inquiries, call +447460770987, +2349050382526

Elombah Television

loading...