Hong Kong court orders China’s Evergrande, which owes $300b, to liquidate

A Hong Kong court ordered China Evergrande, the world’s most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure $300 billion owed to banks and bondholders that fueled fears about China’s rising debt burden. Judge…

Hong Kong court grants Chinese real estate giant reorganisation postponement

Hong Kong’s Supreme Court has once again granted the highly indebted Chinese real estate giant Evergrande a postponement for its reorganisation plan. Judge Linda Chan surprisingly postponed the decision until Jan. 29, the South China Morning Post reported on Monday.…

*Gunmen Break into Abuja Homes, Abduct Residents, Kill Housewife (DailyTrust)*Lagos State students demand ban on daytime movement of articulated vehicles (Sun)

Gunmen Break into Abuja Homes, Abduct Residents, Kill Housewife (DailyTrust) A housewife simply identified as Salamatu was shot dead when kidnappers stormed Piri community in Kwali Area Council of Abuja. At least eight residents were reportedly abducted in the incident…

*Pastor seeks divorce, accuses wife of defamation (Vanguard)*Court remands applicant for allegedly shooting man in groin (Sun)

Pastor seeks divorce, accuses wife of defamation (Vanguard) A 48-year-old pastor, Nosa Abume, on Monday approached an Igando Customary Court in Lagos to nullify his 17-year-old marriage accusing his wife of defaming his character. “My wife is making statement that…

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