NEC approves refinancing of $3.3bn Project Gazelle to optimise cost, unlock additional liquidity
By Johnbosco Agbakwuru ABUJA — THE National Economic Council, NEC, has approved the refinancing of the $3.3 billion Project Gazelle Pre-Export Finance Facility through a new US$4.5 billion facility, named Project Gazelle 2. The approval allows NNPC Limited to refinance the outstanding balance of approximately $1.5 billion under the original 2023 facility, while unlocking an […]
Buhari, Enahoro, Utomi team up for mega party
By Kingsley Omonobi Abuja – Top political gladiators in the country, among them General Muhammadu Buhari, rtd, Chief Olu Falae, Chief Mike Enahoro, Alhaji Balarabe Musa and Chief Ayo Adebanjo, have agreed to form a broad-based mega political party with which they intend to provide a platform for genuine democratization and good governance in Nigeria. […]
Post-UME : ASUU threatens schools’ authorities
By Dennis Agbo Abakaliki- The Academic Staff Union of Universities (ASUU) has threatened to invoke the union’s sledge on universities that conducted Post University Matriculation Examinations for prospective students. Even though ASUU strike had paralyzed academic activities in the country’s universities for over two months, some universities recently conducted Post-UME screening, while others have continued […]
GUO transport boss, Godwin Okeke kidnapped
Awka – BARELY a week after the kidnap of a popular Nollywood actor, Chief Pete Edochie in Onitsha, Anambra state, another notable figure in the state, this time, a popular Onitsha based transporter and industrialist, Chief Godwin Okeke, popularly known as G.U.O, was kidnapped yesterday at about 9.45 am by armed men, numbering about 12 in front of All Saints Cathedral Onitsha.
UNIJOS justifies candidates’ invitation for post-UME
By Taye Obateru Jos – Vice-Chancellor of the University of Jos, Professor Sonni Tyoden, has defended the invitation extended to candidates who picked the institution as first and second choice for the recently conducted post-UME screening, saying it is in line with government’s directive. Tyoden, who told journalists that government is trying to ensure that […]
2011: Group to mobilise 100m voters
By Emma Ovuakporie Abuja – In a bid to ensure free and fair elections in 2011, the Civic Duties Awareness Initiatives (CADAI), yesterday said it would mobilise 100 million Nigerians to vote in the next polls in the country. It explained that the campaign would lead to the emergence of the true leaders of the […]
