Saturday, June 24, 2017.

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Etisalat

Why CBN, NCC intervened in Etisalat, banks $1.2bn loan crisis

Following the deepening crisis between Etisalat and a consortium of 13 Nigerian Banks over a syndicated loan of about $1.2 billion granted the telecom company by the banks, the Central Bank of Nigeria (CBN) on Friday, said the apex Bank and the Nigeria Communications Commission (NCC) decided to intervene...

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BUSINESS & ECONOMY

Etisalat

Why CBN, NCC intervened in Etisalat, banks $1.2bn loan crisis

Following the deepening crisis between Etisalat and a consortium of 13 Nigerian Banks over a syndicated loan of about $1.2 billion granted the telecom company by the banks, the Central Bank of Nigeria (CBN) on Friday, said the apex Bank and the Nigeria Communications Commission (NCC) decided to intervene...

CORPORATE SCORECARD

7-UP

Seven Up’s quarter of multiple loses

The Bottling Company Seven up Bottling Company’s loss figure in the second quarter multiplied more than three times at the end of the third quarter last December. The soft drinks manufacturer ended the period with a loss of close to N5 billion, more than three times the loss of N1.56...

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SPORTS

Sanchez celebrates after scoring Chile's goal against Germany

Sanchez makes history as Chile draw with Germany

Arsenal’s Alexis Sanchez became Chile’s all-time top-scorer with his 38th international goal in Thursday’s 1-1 draw with Germany at the Confederations Cup. The Gunners’ star, voted man of the match, wrote himself into the record books by capitalising on an early mistake in the German defence. However, Lars Stindl netted his...
Mexico rallied from behind to beat hard-fighting New Zealand

Mexico come from behind to beat New Zealand in Confederation Cup...

Mexico scored twice in a busy second-half performance to overcome New Zealand 2-1 and destroy the All Whites’ dreams of securing their first Confederations Cup victory at the 11th attempt. New Zealand had the better of the first half on Wednesday at the Fisht Stadium in Socchi, Russia and went...

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Mary Nta

Tribute to Mary-Nta, Mother Theresa of our time, by Folu Olamiti

For many, death is the end of life. But for the few and rare individuals who spent all of their lifetime serving God and humanity, they continue to live on in the hearts of all the people whose lives they touched, their admirers and all other people who...
Saraki in the dock

Bukola Saraki: Between CCT and EFCC, By Yushau A. Shuaib

“I swear by the Almighty Allah to do justice. We are all human beings and not God, we must be fair and just," – Umar Danladi ...