Transcorp's collapse stands as Nigeria's biggest investment scam

07/19/2009 | Vanguard (Nigeria)

The stock of Transnational Corp. of Nigeria, known as Transcorp, is now worthless, and the country's Bureau for Public Enterprise is taking action to reprivatize the telecom's assets, according to this article. The company's acquisition of NITEL has been canceled.

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Vanguard (Nigeria)