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Teleology has announced the creation of a new board of directors for the Nigerian telecommunications company 9mobile following the successful completion of the term of office of the former CB appointed by the Central Bank of Nigeria (CBN) and the definitive transfer of final ownership of the company to new investors Teleology Nigeria Limited.

"We thank all outgoing board members for supporting 9mobile in the critical transition phase that it has been undergoing since July 2017 and wish them well in their future responsibilities.

"The composition of the new Board of Directors is another important milestone for us, as a result of the final approval that the board of the Nigerian Communications Commission (NCC) has not objected to Teleology's technical and financial offers being submitted met for 9mobile and meets all regulatory requirements.

"This is indeed the beginning of a new era in the development of the 9mobile brand in the Nigerian market."

The new board is:

1. Nasiru Ado Bayero (Chairman)

2. Asega Aliga (non-executive director)

3. Adrian Wood (non-executive director)

4. Mohammed Edewor (non-executive director)

5. Winston Ndubueze Udeh (non-executive director)

6. Abdulrahman Ado (Executive Director)

7. Stephane Beuvelet (Acting Managing Director)

New CEO Alhaji Nasiru Ado Bayero welcomes the appointment: "At the beginning of this new era, we want to thank all the people who have built this sustainable business.

"Our gratitude also goes to our subscribers, although we assure them that they can prepare for real value in their relationship with the 9mobile brand, without which there could not have been a 9mobile business we could invest in today.

"We will base your confidence in our brand on significant investments that increase the value of 9mobile."

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