Tuesday, 14 March 2017

Etisalat May Leave Nigeria After Repaying $1.2bn Debts - Reuters

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The Abu Dhabi telecoms group Etisalat may sell its stake in Etisalat Nigeria following the recent issues surrounding it, sources said according to Reuters. 

Etisalat Nigeria has defaulted on a $1.2 billion loan, but the parent company wants the debt restructured before it sells its stake in the firm. 

The Central Bank of Nigeria, CBN, and the Nigeria Communications Commission, NCC, have interfered in the matter and are in talks with the banks concerned and Etisalat Nigeria. 

Photos: Ooni of Ife and wife meet British royalty, Prince Charles and wife Camilla


Ooni of Ife, His Imperial Majesty Oba Adeyeye Enitan Ogunwusi Ojaja II and his wife, Olori Wuraola, met with british royalty, Prince Charles and his wife, Camilla, Duchess of Cornwall, at the Commonwealth day reception in London Monday evening. The Ooni and his wife are currently in the UK on a 10-day tour to promote the yoruba culture. More photos after the cut...

Despite financial crisis, Namibian president Hage Geingob increases his salary


Namibian president Hage Geingob last week approved salary increases of 6% for himself and fellow politicians, effective from this month. In 2015, the Public Office-Bearers Remuneration and Benefits Commission (POBC) recommended the increases in salary for politicians but Geingob did not approve them because of the economic situation.
On Friday, the Presidency gazetted the salary increases, detailing how much the politicians will earn.

Xenophobic attacks: Minsiters of Foreign Affairs and Interior Affairs arrive South Africa, to hold talks with Pres Jacob Zuma


Minister of Foreign Affairs, Geoffrey Onyeama and his Ministry of Interior counterpart, Abdulrahaman Dambazzau, are presently in South Africa to hold talks with the South African president, Jacob Zuma,  following the recent xenophobic attacks that led to the loss of some businesses owned by Nigerians in South Africa.

Nigerian man bags 20 years in prison for sex offences in South Africa

A Nigerian national who trafficked a 15-year-old girl, forcing her into prostitution, has been sentenced to 20 years in prison in South Africa.
Eke Ugochukwe‚ 30‚ was sentenced in the South Gauteng High Court on Monday morning after he was convicted of sexually exploiting the 15-year-old girl.
Delivering judgment, Judge Majake Mabasele of the Gauteng High Court said what the suspect did to the girl was cruel.

Vladimir Putin says Clinton campaign advisers met with the Russians


Russian President Vladimir Putin's spokesman and press secretary, Dmitry Peskov, had an interview this weekend with the unsurprising revelation that the Russian ambassador, Sergey Kislyak, who was associated with former National Security Advisor, Mike Flynn, also met "with people working in think tanks advising Hillary or advising people working for Hillary”.

Photos: Bauchi residents slaughter camel to celebrate Pres Buhari's return from the UK

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Bauchi state residents trooped out en-masse on Sunday as they celebrated the return of President Buhari from his UK medical vacation on Friday morning. They slaughtered a camel to celebrate his return. More photos after the cut...

Anti-IPOB Protesters Take Case To American Embassy (Photos)

Members of Stand Up for Peace Movement have gone on a protest in Abuja on Thursday, in reaction to America’s stand that IPOB is not a t...