WITH the expected sale of Zain Nigeria and other Zain African networks in the next few weeks to Bharti Airtel, India’s largest mobile operator, the Zain brand and subscribers on the network may have to contend with a new brand name as the Nigerian operations may soon change its brand name again.

By the unanimous resolution of both chambers of the National Assembly on Tuesday February 9, Vice President Goodluck Ebele Jonathan, was made acting president and commander-in-chief of the Armed Forces of the federation pending the return of President Umaru Musa Yar’Adua from Jeddah, Saudi Arabia, where he is currently undergoing medical treatment since November 23, 2009. With this momentous development, Dr Jonathan can now wield all instruments of state power without let or hindrance.
History, undoubtedly, had beckoned and called upon Dr Jonathan at a critical turning-point in the socioeconomic and political development of the country.

(L-R) Chima Ibeneche, MD, Nigeria LNG Limited, discussing with Andrew Jonathan Nok, award winner at the public presentation of the winner of the Nigeria prize for science 2009 organised by LNG in Lagos.

ATMOSPHERE of uncertainty pervades Zain’s operations across Africa, a development that will have negative impact on the company as it strives to keep up with stiff competition from more vibrant operators in the continent, BusinessWorld Intelligence can now reveal.

(R-L) Cyril Chukwuma, MD/CEO, Bank PHB; Alwan Hassan and Olusegun Bolaji, executive directors of the bank, during the bank's press briefing held in Lagos recently.

THE Central Bank of Nigeria (CBN), would soon put in place a state of the art communication network that would ensure it becomes as proactive as its counterparts in other parts of the world.

(L-R) Reginald Ihejiahi, MD/CEO, Fidelity Bank Plc and Willie Obiano, ED at the 21st annual general meeting of the bank in Lagos.

EVEN as Nigerians want an urgent end to the difficult economic situation in the country, there are strong indications that the fundamentals that would drive such expectation are not really in place.

Telkom South Africa’s investment in Multi-Links, a fixed wireless operator in Nigeria, has hurt its bottom line again as the company writes off another R2.14 billion (about N20 billion) in the half-year to September.

As at last week, total debt owed the major information and communications technology firms in the country by the 15 healthy banks was put at about N2 billion, BusinessWorld Intelligence can reveal.

Abimbola Tooki reports on the 10 most dangerous threats small organisations should watch out for in 2010.