Africa Business Source Beta

Privatization of Nigeria’s State Telecoms Company NITEL Underway

According to Reuters, there are now 13 investors interested in the purchase of at least 75% of Nitel, the state telecoms company which has been undergoing this privatization process for several years.
The Bureau for Public Enterprises (BPE) is evaluating both local and international bids from as far away as Spain and India.
Nigeria is a [...]

• Industries:
• Infrastructure

• Countries:
• Nigeria

• Tags:
• BPE,
• Bureau for Public Enterprises,
• Egypt,
• Etisalat,
• Globacom,
• ICT,
• Information and Communication Technologies,
• M-Tel,
• MTN,
• MTNL,
• Nigeria,
• NITEL,
• Orascom Telecom,
• SAT-3,
• South Africa,
• Spain,
• Telecommunications,
• Telecoms,
• Telefonica,
• Transcorp Nigeria,
• Umaru Yar'Adua

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Nairobi Stock Exchange Broker Introduces Stock Trading on Mobile Devices

Standard Investment Bank on Thursday introduced a new value added short message service (SMS) to its clients, which provides for mobile trading on the Nairobi Stock Exchange.
“Clients are increasingly getting busy and do not find time to physically come to the offices. The product, therefore, aims at offering that convenience of time as well as [...]

• Industries:
• Banking and Finance

• Countries:
• Kenya

• Tags:
• Africa,
• Mobile Phone Penetration,
• NSE,
• Standard Investment Bank,
• Telecoms

1 Recommendations