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Home Gist NCC: Jan 16 Deadline for Conclusion of 9mobile Sale is sure

NCC: Jan 16 Deadline for Conclusion of 9mobile Sale is sure

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Nigerian Communications Commission (NCC), has stated that there would be no shift in the date fixed for sale of 9mobile.

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It insisted that the transaction and hand over to its new owner must be concluded on January 16.

NCC Executive Commissioner, Stakeholders Management, said this in a chat with Thisday.

Barclays Africa, the financial adviser handling the sale of 9mobile, had the initial mandate of December 31, 2017 to conclude the sale of 9mobile.

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However, the company, citing reasons, wrote to the Central Bank of Nigeria (CBN) and the NCC, asking for extension of date from December 31, 2017, to (approved) January 16, 2018.

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