Daily Trust (Abuja)
15 June 2009
First Bank of Nigeria Plc in collaboration with Skye Bank and African Finance Corporation (AFC), have signed a $240 million financing deal with MainOne Cable Company, a private sector-led initiative with Main Street Technologies as sponsor.
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Hello Sunday, It would be good to know 1) when construction or commencement of the project begins? 2) when consumers in West Africa/Nigeria will have access to the additional bandwith
This project has huge implications for every aspect of business and communications in West Africa so please try to write on possible impact on our economy as we struggle to catch up with the West.
"The deal is for the construction of a sub-sea cable to deliver a 1.92 therapy per second"
Does this mean that the Daily Trust of Nigeria lack an editor that will at least look through articles before publishing? What is 1.92 Therapy per second? If you do not know the exact meaning of that acronym why not just leave it as 1.92Tps. It is Terabyte per second for Christ's Sake. Its becoming alarming when so many errors are found in Nigerian newprints these days. Don't forget you have audiance all over the world.