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N541bn Debt: Banks Reject Etisalat Nigeria’s Loan Restructuring

The Etisalat Group, parent company of Etisalat Nigeria, has informed the Abu Dhabi Securities Exchange that a group of Nigerian commercial banks have refused to agree to the restructuring of 541 billion Naira debt owed by the company. A statement issued on Tuesday by the telecoms group, said its total shares in the subsidiary, Etisalat Nigeria have been transferred to United Capital Trustees Limited. The deadline for the transfer of the shares has been agreed to extend till 5:00 pm Nigerian time on Friday, June 23. Abu-Dhabi based Etisalat group established Etisalat Nigeria with effective 45 per cent and 25 per cent ordinary and preference shares respectively. Reuters quoted an official of Etisalat Nigeria as saying that discussions with the group of Nigerian commercial lenders are ongoing to find a ”non-disruptive” solution to the 1.2 billion U.S. dollar-debt.

Buhari sends ministers, aides packing orders them to meet Acting President Osinbajo

President Muhammadu Buhari, has reportedly been resisting attempts by some government officials, including ministers to undermine Acting President Yemi Osinbajo, He has refused to see such officials who sneak to the United Kingdom with files for his signature, it was gathered. the source said,  Buhari rejected the files and asked the affected government functionaries to take all documents and issues to Acting President Osinbajo. He has also refused to grant audience to ministers and some presidential aides who indicated interest to see him.But the President met with First Lady Aisha during her recent trip to London. Sources said the President insisted that his administration runs one Presidency and since there is an Acting President in place, any attempt to create a division by anyone will not be tolerated. It was gathered that one of the delegations that went on a futile trip to see Buhari returned to Abuja on Wednesday a few hours to the signing of the 2017 Budget by the Act...

Apostle Suleman blows hot over removal of CRK in curriculum, warns Buhari, North

President of the Omega Fire Ministries, Apostle Johnson Suleman, has expressed outrage at the removal of Christian Religious Knowledge (CRK) as a subject of study from the secondary school curriculum, describing it as a move by President Muhammadu Buhari to Islamise Nigeria. Recall that the Christian Association of Nigeria (CAN) complained about the development during its meeting with Acting President Yemi Osinbajo at the Presidential Villa, Abuja. The delegation led by its President, Rev Dr Samson Olasupo Ayokunle, also  listed demands on the matter  and other burning issues in a letter delivered to Osinbajo. In a statement issued on Sunday by Phrank Shaibu, spokesman of the church, Apostle Suleman, stated that the decision to scrap CRK as a subject in the curriculum but only to be studied as a theme in civic education while leaving Islamic/Arabic studies as a subject to be studied in the secondary school curriculum, is a deliberate plot by the Buhari administrat...

Justin Bieber Preaches at Manchester Benefit Concert: “God is Good in the Midst of the Darkness”

Justin Bieber: “God is Good in the Midst of the Darkness” Only two weeks since a suicide bomber left 22 dead and more than 50 others injured at an Ariana Grande concert in Manchester, more than 50,000 people came together to raise money and stand in support of the victims, their families, and the city of Manchester. A-list stars came out to perform and offer a token of unity to the crowds, but when Justin Bieber hit the stage, he took the focus off of himself, and put it on the goodness of God. Bieber started by sharing some emotional words with the crowd “I just want to say thank you so much for having me. You guys are so brave,” he said. “What an amazing thing we’re doing tonight, would you not agree? Would you agree that love always wins?” Then he did something that no one was expecting… He really started preaching “I’m not gonna let go of hope, I’m not gonna let go of love, I’m not gonna let go of God. Put your hand up if you’re not gonna let go...

Breaking: Beyonce gives birth to twins

Entertainment Weekly, Us Weekly and People magazines confirmed the news, but the date of birth and gender of the babies are not yet publicly known American pop star Beyonce has given birth to twins, according to media in the US. Entertainment Weekly, Us Weekly and People magazines confirmed the news, but the date of birth and gender of the babies are not yet publicly known. Beyonce, who is married to rapper Jay-Z, announced her pregnancy in an Instagram photo in February – the most-liked post in history on the network. The couple already have a daughter, Blue Ivy, aged five. There has been no official confirmation of the birth from Beyonce and Jay-Z themselves. Other photos Beyonce posted after her pregnancy announcement showed her swimming under water, reclining on a bed of roses and sitting naked on a floral throne. In one, the ‘Lemonade’ singer stood naked, cradling her belly with one hand and a breast with the other, next to the sculpted head of an Egyptian ruler. Speculat...

North cut off from the South as two bridges collapse between Jebba and Mokwa Read more at: http://www.vanguardngr.com/2017/06/north-cut-off-south-two-bridges-collapse-jebba-mokwa/

 It is now a difficult moment for transporters, commuters and motorists shuttling  between the northern and southern parts of the country through Ilorin-Mokwa-Jebba road. This is because the two major bridges linking the two parts of the country collapsed in the last  two weeks as a result of torrential rainfall in the area. One of the bridges is in Tatabu/ Gidan Moin along Jebba- Mokwa road while the  other, Bokani bridge, is  along Tegina-Makera road, both in Mokwa Local Government Area of the state. Bokani bridge was  washed off last week, forcing vehicles, especially trucks, to divert  from  Makera- Tegina road to Bida- Minna road. Tatabu bridge, washed away, last Sunday night  after a torrential rainfall, has left  all categories of vehicles plying the busy road stranded for days while some trucks fell into the bridge but no life lost. Some smaller vehicles were however lucky to escape from the spot after creating alternative routes...

GOVERNMENT OF JAPAN (Monbukagakusho: MEXT) SCHOLARSHIP FOR 2018 (Graduate Level)

UNIVERSITY OF NIGERIA Office of the Vice-Chancellor (Information & Public Relations Unit) Ref. No:  UNN/VC/PR/133                                             Date:  June 02, 2017 Subject: GOVERNMENT OF JAPAN (Monbukagakusho: MEXT) SCHOLARSHIP FOR 2018 (Graduate Level) The Ministry of Education, Culture, Sports, Science, and Technology (MEXT) Japan, offers scholarship to international students who wish to study in graduate courses at Japanese universities as research students (either non-degree or degree students) under the Japanese Government (MEXT) Scholarship Programme for 2018. The academic year beginning in April and October 2018, is open to graduate students not more than Thirty-Five (35) years of age. You can download the Application Forms...