LBN News Digest: MTN Says Sabotage, Attacks Hampering Nigerian Services, Doctor Firings Expose Medical Failings in Nigeria & More News!

Nigeria Fines Emirati Telecom for Poor Performance
New York Times
DUBAI — Etisalat Nigeria, part-owned by the Emirati telecommunications giant Etisalat, was fined around $2 million by Nigerian regulators this week for poor service and failure to meet quality targets. The company says it plans to spend more than $500 

MTN Says Sabotage, Attacks Hampering Nigerian Services
The company only pays fees and operating taxes to the NCC. Nigeria needs to have one consistent set of taxes and regulations that it enforces, Goschen said. MTN is investing $1.4 billion in Nigeriathis year to improve infrastructure and capacity.

Doctor firings expose medical failings in Nigeria
 so the state hospitals represent a crucial safety net for the poor in a nation where the political andbusiness elite routinely fly out of the country for care. “In the 1960s here, even in the 1970s, the golden days of Nigeria, people came from 

Scomi Group sells Nigerian operations for RM123.9m
Malaysia Star
Scomi Group said on Thursday it had entered into a conditional share sale agreement with AOS Orwell Ltd to dispose of the stakes in the two companies which are involved in the machine shopbusiness in Nigeria. “The proposed disposal is to enable Scomi 

Shell Begins Repair Of Nembe Creek Trunkline In Niger Delta
Fox Business
IBADAN, Nigeria -(Dow Jones)- The Shell Petroleum Development Co. of Nigeria Ltd., or SPDC, said Wednesday it has begun repairing the Nembe Creek Trunkline after shutting it down on May 2 because of alleged crude thefts. The shutdown of the pipeline in 

Lee Ropiak Announces New Business Partners in Africa for Infinity Medical 
Houston Chronicle
Nigeria is no longer an empty field for medical diagnostic imaging. Competition has arrived. There,business is built on trust and trust is built on good communication and service. As the proverb “Through people to people” proves, it is references and 

Nigeria, France seal $200m power deal
The Nation Newspaper
He said the Minister of Power, Prof Barth Nnaji, and the Chief Executive Officer of the TransmissionCompany of Nigeria (TCN), Mr Sola Akinniranye, executed the MoU with the executives of the French companies, Mr Jean Paul Mairesse of the Electricite 

How to enter Nigeria’s booming consumer market
African Business Review
Nigeria ranks 133 from 183 in the ease of doing business index. This is a result of different factors like electricity, contracts, permits and tax issues. Also corruption has to be understood before entering the market. The most important aspect while 

Industrialisation holds key to unlocking Nigeria’s wealth – Aganga
 the Ministry of Trade and Investment had started brainstorming with the Organised Private Sector and the Ministry of Power to reduce the cost of doing business inNigeria and ultimately increase the productivity of the manufacturing sector.

Nigerian Case Study Wins 2012 Emerald/AABS Case Study Competition
A case study about popular Nigerian entrepreneur Nike Davies Okundaye has won the first prize for the 2012 Emerald and Association of African Business Schools (AABS) Case Study Competition. The announcement was made today at the AABS annual meeting 

Two Nigerian Oil Firms Take Over Shell In Kenya
Leadership Newspapers
Two Nigerian oil and gas firms Helios Investment Partners and Vitol Holding BV are set to buy over Royal Dutch Shell Plc business in Kenya. This deal is expected to bring about Kenya Shell petroleum trading business changing ownership in the next three 

NCC Slams MTN, Etisalat, Airtel, Glo With N1.17 Billion Penalty Over Poor
By Prince Osuagwu, 12 May 2012 The Nigerian Communications Commission, NCC, yesterday, slammed four major Nigerian telecommunications operators, MTN Nigeria, Etisalat, Airtel and Globacom with a cumulative fine of about One billion, one hundred and 

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