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Thursday, May 16, 2013

GTB, ZENITH BANK GOES AFTER NDUKA OBAIGBENA…Set to retrieve his facilities WHY JIMOH 1BILLION NAIRA LOAN CANT SAVE HIM…more, much more…




More drama is beginning to play out following the last week Thursday, May 9, 2013 protest of THISDAY Newspaper staffers fueled by Nigerian Union of Journalist NUJ.
Recall that we reported here exclusively that the newspaper publisher, Nduka Obaigbena, escaped at the heat of the protest with the special aid of armed policemen.
In this edition, www.myemag.net has an exclusive twist to the story this time.
 Insiders who spoke to our reporter today in Lagos revealed that the headquarters of THISDAY located in Apapa, Lagos, had been on chain locks ever since, with top editorial staffers of the newspaper meeting secretly at Protea Hotel, Ikoyi where the production of few editions of the paper took place during the week, before shifting base for security reasons.
Speaking further on the embattled company, our source hinted that Nduka secured a loan from Jimoh Ibrahim in the tune of one billion naira. The loan which is not in cash, we learnt will see THISDAY newspaper being printed at Jimoh Ibrahim’s National Mirror Printing Press within a stipulated period.
On the other hand www.myemag.net  private checks revealed that staffers of THISDAY have as well embarked on a 3months compulsory strike which took effect same day of the protest. Insisting on a ‘No Work, No Pay’ condition.
As the case maybe, some staffers of the newspaper are bent on digging it with Mr. Obaigbena who seem unconcerned about seeing the matter resolved.
This is coming at the heels of the huge loan facilities incurred by Mr. Obaigbena from new generation banks like GTB and Zenith banks respectively.
Our source however revealed that, so huge was the sum that prior to this time, Zenith Bank had to occupy a building in This Day Newspaper’s office at Creek Road, Apapa in order to recover part of their money.
As at the time of filing this report, feelers reaching this news portal from an insider at GTB is that the management of the bank is currently contemplating whether to go after the publisher of THISDAY who is currently at large or take over some of its facilities located at choice areas in Lagos and Abuja.
At the heat of this crisis some insiders maintain that Nduka is unconcerned and still goes about his usual frivolous lifestyle. Touring cities, lodging at choice hotels and frolicking with women. Like some staffers of the newspaper told us exclusively, ‘its fight to finish’.
Don't go anywhere; we shall be keeping you posted as events unfold.

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