Oil financing: Standard Chartered, UBA launch $1.1bn loan

Oil financing: Standard Chartered, UBA launch $1.1bn loan

A $1.1bn programme debt financing for Nigeria National Petroleum Corporation, NNPC, and Exxon Mobil Natural Gas Liquids, NGL2 liquids producing asset has been launched to the bank market by Standard Chartered and United Bank for Africa, UBA Plc.
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False accusation: Court orders lawyer, client to pay trader N2.05m

False accusation: Court orders lawyer, client to pay trader N2.05m

AN Anambra State High Court sitting at Otuocha has ordered an Onitsha-based legal practitioner, Mr. Chibuzo Odili, and his client, Mr. Chinonso Nwajeri, to pay the sum of N2.05 million to one Mr. Samuel Ugokwe, an Onitsha-based trader over alleged false accusation.

No to legislative  tyrants

No to legislative tyrants

MEMBERS of the current session of the National Assembly surely qualify as the worst crop of legislators ever assembled in Nigeria. Since the Freedom of Information Bill was introduced about 10 years ago, the House of Representatives, Senate and Presidency have been dancing circles around it to ensure it does not become law because if it does, governance will be demystified in accordance with genuine democratic traditions.

ELECTORAL ACT : Govs launch offensive against lawmakers

ELECTORAL ACT : Govs launch offensive against lawmakers

The nation’s governors have launched an offensive including the use of carrot and stick to kill the proposed law aimed at integrating members of the National Assembly into the National Executive Committees of the political parties.

At last, the league

At last, the league

Last week end, the Nigeria premier league clocked three weeks.
After all the back and forth, the wrangling and disagreements, it was quite pleasing to see chairman Owumi on Lagos television say all was well. Also instructive is his assertion that fellow board member Baribote was flowing along and that he “ has so far attended two matches as an assessor”.