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Monday, 9 October 2017
Monday, 10 July 2017
Etisalat pulls out of Nigeria after loan talks collapse
Etisalat pulls out of Nigeria after loan talks collapse
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#Etisalat has terminated its management agreement with its Nigerian arm and has given Etisalat Nigeria three weeks to phase out the brand in the country.
The decision of the Abu Dhabi owned telecommunications networks resulted after the failure its $1.7 billion laon talks collapsed.
Chief executive of Etisalat International, Hatem Dowidar said on Monday that the there was no need for the brand in Nigeria after the collapse of the loan talks.
Nigerian regulators intervened last week to save Etisalat Nigeria from collapse after talks with its lenders to renegotiate a $1.2 billion loan failed.
Although Etisalat Nigeria in a statement issued three weeks ago claimed that it had repaid 42 per cent of the loan. “As at today, we can categorically state that the outstanding loan sum to the consortium(of banks) stands at $227m and N113bn, a total of about $574m if the naira portion is converted to US Dollars. This in essence means almost half of the original loan of $1.2bn, has been repaid. “Etisalat continued to service the loan up until February 2017, when discussions with the banks regarding the repayment restructuring commenced,” Ibrahim Dikko, vice-president, Regulatory & Corporate Affairs of Etisalat Nigeria said.
However, Etisalat International announced on Monday that it was pulling out as all UAE shareholders of the company have exited and left the board and management of the Nigerian brand.
NAN -
Source - Goldmyn TV
Breaking: Obaseki wins at supreme court
Breaking: Obaseki wins at supreme court
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The Supreme Court has dismissed the case of Pastor Osagie Ize-Iyamu, and has affirmed Godwin Obaseki as the Governor of Edo state.
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The Supreme Court also disclosed that it would give its reasons for the judgment on July 24, 2017.
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More details soon... - #regrann
DEAL DONE: Manchester United have signed Romelu Lukaku on a 5-year contract.
DEAL DONE: Manchester United have signed Romelu Lukaku on a 5-year contract. £75m rising to £90m.
#DoneDeal #Lukaku #ManUtd #ManUnited #MUFC #RedRoom #PremierLeague - #regrann
Sunday, 9 July 2017
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Friday, 7 July 2017
Oge Okoye’s ‘Hips’ Has Got People Talking




Watch Uriel Oputa Gush Over ‘The Nexus Kitchen Cook Out With Uriel’ In Porthacourt
BB Naija runner-up, Uriel Oputa who is the latest brand ambassador of Nexus appliances is looking forward to her Nexus kitchen cook-out in Portharcourt.
“What do you like in Your Native Soup ,? i’m in PH yaaay !!! Lets get this Nexus kitchen cook with Uriel going!!!! Lots of give aways, crazy fun, and of course food…cant wait to see you all Lets eat and be merry because @nexusappliancessays so… at 238 Iyowuna drive off peter odili by market square (Higi Haga world wide) 4pm 8th july”
7 Times Madam Kofo Made A Statement With Her Peculiar Gele
1. That time her trademark ‘ceiling fan’ head gear was headed for the skies.







BB Naija Efe Prepares To Bring Down The Roof With New Club Banger, ‘Somebody’
Big Brother Naija Winner 2017 winner, Efe aka Efe Money shared the official music video to his recently released track, “Somebody“.
https://youtu.be/UHYY6oBIw4s
Ubi Franklin Performs The Most Adorable Daddy Duty Ever
“I’ll pause anything anytime to do this for you.
LoveChairman
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