THE
DAILY
TIMES
NIGERIA INDEPENDENT NEWSPAPER. EST. 1926 WWW.DAILYTIMES.NG https://plus.google.com/+DailytimesNgr/posts
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Etisalat faces uncertain future with new board
Exclusive analysis powered by SBM Intelligence For Daily Times
ÏÏÏ Following the intervention
of the Central Bank of Nigeria (CBN) and the Nigerian Communication Commission (NCC) who brokered a truce between Etisalat Nigeria and its 13 creditor-banks, there may not be light of the tunnel soon for the telecoms company, findings by The Daily Times
www.facebook.com/dailytimesngr
has shown. This is because observers say that the huge $1.2 billion loan secured by the company will continue to be its main albatross, as the intervention by the regulators may still hit the rocks in the near future, given other issues including legal that could result therefrom. With over twenty-one million subscribers, Etisalat Nigeria is Continued on page 12
THURSDAY, JULY 6, 2017 VOL. 3. NO. 402
N150
GLOBAL FINANCIAL/COMMODITY MARKETS
CURRENCIES/CBN: CBN: MƢƠǀêǀƠ ^&` #RGG `è Parallel Market: nd# MƢÕǀ POUND MƿÕƤ EURO Mƿơƾ NSE: d9 Ƣƾè ƢƠƾêƢƾ MARKET CAP ơơêơƢƐƏ 0L#_ RƃM ƤƠêǀƤ R ƣƤêƢƢ COMMODITIES: Wheat nd ǀƾƣêƿƠƃLj Rice nd ơơêǀÖƃLj Cocoa nd ơèÖƾơêƠƠƃ Coffee nd ơƾƣêƾƠƃdƅ ƍ Cotton nd ƣƢêÕƾƃn ƈƐ Sugar nd ơƢêƣƠƃRƑ ƅƆ METALS: Gold nd ơƾƾƾêƿƠƃRƑ ƅƆ Silver nd ơǀêÖƠƃRƑ ƅƆ Copper nd ƾêÕƿƃRƑ ƅƆ ENERGY: Brent nd ƿƤêơƠƃ^ è N/Gas nd ƾêƤÕƃ
Looters in trouble as FG strengthens anti corruption strategies
Ï zƆ Ɠ ôƐ Ɛ ƊƆ Ƒƍ ƈ ƑƆ ƓƈƐ M dd ƒƆƏ L Ƒè ƕ L Ƌ ƌƈ Ï zƆôƋƋ ƏƆ ƋƒƆ Ɛ Ɔ ƈ ƑƆ é Lƈ ƈ ƐƆƏ Ƈ 9 Ƈ Əƌ Ɛƈ Ï M dd ƌƈ ƅ ƐƏƑƆƗ R ƈ Ƅ Ɖ ô ƏƆƌ ƏƊ ^ƏƆ ƈƗƆ ƅƕ Ï ƑƏƐ ƏƗƆƏ 01 Ɛ ƌ ƊƆ ƍƑƄƋƈƅ ƌƆ Ƈ Ƒ ƍƆƅƐƆƗ Ƌ ƐƆƏ
Mathew Dadiya, Abuja & Peter Fowoyo, Lagos
ÏÏÏ The era of
impunity where looters used technicality to escape justice appears to be coming to an end as the Federal Executive Council (FEC), Wednesday approved a new anti corruption strategy intended to strengthContinued on page 5
Anti graft agencies may arrest some Senators 12 L Ɖ Ə ƊƆƑƍ Ə ƅƊ MC9 ƒƆƏ ƋƋƆ ƆƗ ƇƏ ƑƗ 5
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Anxiety as Reps C’ttee summons Jonathan over $1bn Malibu oil 9 deal ơêÕ ƄƈƋƋƈ ƈƋ ƅ ƌë ƑƏƐ ƗƌƈƐ ƍ ƕƌƆ Ɛ Ɨ ƅƑƌƆ Ɛ ƈ ƆƒƈƗƆ ƅƆ 9 ƈ Ɛ Rƌ Ɗ ƏƆ