Tag: business
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From Vision To Results: How Peter Mbah Is Transforming Enugu State Through Innovation, Technology And Discipline
By Prof Chris Mustapha Nwaokobia Jnr In less than three years in office, Governor Peter Ndubuisi Mbah has emerged as one of Nigeria’s most visionary and results-oriented State leaders. Through a blend of innovation, technology, fiscal discipline, and bold reforms, Mbah is steadily transforming Enugu State from a once “civil service economy” into a thriving…
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General Hydrocarbons Limited Vs. First Bank of Nigeria: The Facts, Half-Truths, and Fiction
General Hydrocarbons Limited (GHL) has disputed First Bank of Nigeria’s (FBN) claim of a $225 million loan, stating that the relationship between the two companies is a project finance agreement, not a normal commercial loan. According to a press statement released by GHL, the company was approached by FBN to finance the exploration, development, and…
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BREAKING: GHL Floors First Bank In Court As Justice Dipeolu Sets Aside Freezing Orders
….Judge Says First Bank Suppressed Relevant Facts To Secure Order In a landmark victory for General Hydrocarbons Limited, the Federal High Court in Lagos has set aside an order of Mareva injunction freezing the assets of the company and its directors. The court, while upholding the arguments of GHL’s counsel, Abiodun Layonu, SAN held that …
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Nigerian Movie Producer, Duke of Shomolu, Eulogizes Nduka Obaigbena Over Invitation to Thisday Award Ceremony
Popular Nigerian movie producer and author, Duke of Shomolu, has praised Dr. Nduka Obaigbena, the Chairman of Thisday Newspaper, for inviting him to the upcoming Thisday Awards, which will mark the 30th anniversary celebration of the newspaper. In a statement shared on social media this morning, Duke expressed his excitement and gratitude for the invitation.…
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THISDAY is 30, and Resilient on Jan 27
THISDAY, Nigeria’s Foremost Newspaper of Record, has clocked 30 years on the news stands. To mark the occasion, it has already set out to honour some of the nation’s ‘Tough and Resilient’ persons and institutions in selected fields of endeavours on Monday, January 27. The presentation of first awards began in Davos, Switzerland on Tuesday.…
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Alleged Contract Breach: How First Bank’s Reckless Actions Sparked Crisis, Endangered 93 Lives on Oil Rig – GHL Reveals
A recent statement by General Hydrocarbons Limited (GHL) has exposed a shocking incident involving First Bank of Nigeria (FBN) that put the lives of 93 people, including foreign nationals at risk on an oil rig. The incident occurred on October 7, 2023, when the drilling rig Blackford Dolphin ran out of fuel, food, water, and…
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GHL Denies Owing FBN $225M, Claims Moratorium Is in Place
In a recent statement, General Hydrocarbons Limited (GHL) has vehemently denied allegations of owing First Bank of Nigeria (FBN) $225 million. The statement, signed by Abdelmuizz Bello, Director of Strategy & Operations at GHL, provides a detailed breakdown of the issues in dispute between GHL and FBN. According to the statement, “We entered a legally…
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EDA Hosts Pan Africa/USA Business Summit in Minnesota December 5 -7
A Non-Profit Organization with focus on promoting equity and economic inclusion, Equitable Development Action (EDA) in partnership with Tibro Global Company Ltd, has concluded plans to hold Pan Africa/USA Business Summit in Minnesota with the aim of powering Pan Atlantic Economic Transformation through Trade and Investment. In a press statement released in Abuja on Thursday…
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New Youth Assembly of Nigeria Speaker Hails Matawalle’s Leadership and Loyalty
The Nigeria’s Minister of State for Defence, Dr. Muhammed Bello Matawalle, has received praise from Comrade Famuyibo Oluwasegun, the newly elected National Speaker of the Youth Assembly of Nigeria (YAN). Oluwasegun commended Matawalle’s courage in combating bandits and terrorists in North West of the country and his loyalty to President Bola Ahmed Tinubu. During his…
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CNPP Raises Alarm, Says Lingering Dangote Refinery Pricing Controversy Threatens Democracy
The Conference of Nigeria Political Parties (CNPP) has expressed deep concern over the lingering controversy surrounding the pricing of petrol from the Dangote Refinery, citing far-reaching implications for the economy, livelihoods, and democracy in Nigeria and Africa. “This discrepancy raises questions about transparency, accountability, and the potential for exploitation of ordinary citizens,” noted Comrade James…
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