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AGPC secures $260 million financing for $650 million gas processing facility

ANOH Gas Processing Company Limited (AGPC), a gas processing company established by the Nigerian Gas Company (NGC) and Seplat Petroleum Development Company Plc (Seplat) on a 50-50 basis has successfully raised $260million in debt to fund the completion of the AGPC Gas Processing Plant. The financing was more than 50percent oversubscribed.
African Export-Import Bank (Afreximbank)’s President, Prof. Benedict Oramah, said this at the on-going Afreximbank Annual Meeting (AAM 2019) in Moscow on Thursday.

Afreximbank raises $907.5 million syndicated loan

The African Export-Import Bank (Afreximbank) has demystified market uncertainties caused by COVID-19 pandemic and successfully concluded a dual-currency Syndicated Loan, equivalent of US$907.5 million.

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The communiqué, which was signed by NYCN President, Comrade Solomon Adodo and Secretary, Suleiman Musa, further called for support from youths and other stakeholders in the region for Buhari and Akpabio.

Niger Delta: President Buhari has surpassed all past presidents – NYCN

National Youth Council of Nigeria (NYCN) on Sunday said that President Muhammadu Buhari has surpassed all past Presidents of the country in the development of the Niger Delta region.
Manchester United plan to keep Edinson Cavani at Old Trafford for the 2021-22 season by offering the striker a wage increase of £50,000, according to reports.

Edinson Cavani offered £50K pay rise to stay at Manchester United

Manchester United plan to keep Edinson Cavani at Old Trafford for the 2021-22 season by offering the striker a wage increase of £50,000, according to reports.

Federal pensioners pull out of pensions union

The crisis among pensioners on Sunday got messier as Federal Civil Service Pensioners (FCSP) finally opted out of the Nigeria Union of Pensioners (NUP) over alleged denial of the branch’s rights and privileges.
David Moyes fears West Ham’s slim hopes of Champions League football could be affected further by Manchester United forced to field weakened teams.

David Moyes lashes out at Premier League chiefs over Manchester United decision

The Hammers boss – whose men were beaten by Everton – has called on the Premier League to explain the questions surrounding the integrity of the competition being affected with United’s 3-1 win at Aston Villa their first of three games in five games.
All Progressives Congress (APC) Nigeria

APC needs credible candidate to win Anambra election – aspirant

Chief George Moghalu, the All Progressives Congress (APC) governorship aspirant in Anambra, says electing a credible candidate is critical for the party to capture power in the state.

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Rector: Contractors demanding payments for abandoned projects in Maritime Academy

Contractors handling abandoned projects at the Maritime Academy of Nigeria (MAN) have written to the management of the school, demanding payments for work not completed, the school management revealed over the weekend during a press briefing held in Lagos.
At least 31 Nigerian soldiers were killed when IS-aligned jihadists ambushed a military convoy escorting weapons and overran a base in northeast Nigeria's Borno state, military sources told AFP Monday.

Attacks: Orlu deserted as security agents comb for IPOB members

Orlu, the commercial and social centre of Orlu Local Government Area of Imo has been deserted following a massive manhunt for members of Eastern Security Network (ESN), the militant wing of the Indigenous Peoples of Biafra (IPOB), which has been waging a relentless war against security men.
Mohamed Salah has tied a Champions League mark achieved by Barcelona legend Samuel Eto’o by scoring against Real Madrid on Tuesday at Estadio Alfredo Di Stefano.

PSG prioritising summer deal for Liverpool star Mo Salah

Paris Saint-Germain are prioritising a summer deal for Liverpool striker, Mohamed Salah.
The Speaker of the Lagos state House of Assembly, Rt. Hon. Mudashiru Obasa, on Friday, said the potentials embedded in sports have been highly underestimated in Nigeria.

Lagos Assembly suspends three council chairmen for ‘disobedience’

The Lagos State House of Assembly on Tuesday suspended three local government council chairmen over alleged disregard for the guidelines governing their activities.
Ayodeji Abass-Aleshinloye.

Ex-Oyo ALGON boss: Supreme Court verdict victory for democracy

The Association of Local Government of Nigeria (ALGON) in Oyo State, has lauded the Supreme Court verdict on sacked council executives, describing it as victory for democracy.