BP to Pay $18.7B Compensation for US Oil Spill…Hard Lesson for Nigeria
According to the Associated Press, the Gulf Coast states and the United States government have reached a tentative settlement with BP for the British oil company to pay $18.7 billion…
New INEC Chair: PDP Accuses Buhari of Bias; No, We Followed Due Process, Says President
The opposition Peoples Democratic Party (PDP) has faulted President Muhammadu Buhari in his appointment of Mrs Amina Zakari as Acting Chair of the Independent National Electoral Commission (INEC), saying she…
SEC fines Deloitte & Touche $1 million for violating auditor independence rules
The US Securities and Exchange Commission Wednesday charged Deloitte & Touche LLP with violating auditor independence rules when its consulting affiliate kept a business relationship with a trustee serving on…
EFCC Arraigns Two for $64,000 Romance Scam with American Lady
The Economic and Financial Crimes Commission, EFCC, on Wednesday July 1, 2015, arraigned the duo of Osaze Akhigbe and Ndekwu Jindu before Justice Lawal Akapo of the Lagos State High…
EFCC Arraigns Man for Dud Cheque, Forgery
The Economic and Financial Crimes Commission, EFCC, on Wednesday, July 1, 2015 arraigned Raymond Duke Haruna before Justice O.C Agbaza of Federal Capital Territory High Court Jabi on an 11-count…
Court Dismisses FG’s Suit to Extradite Kashamu
A Federal High Court in Abuja has dismissed an application for the extradition of Ogun-East Senator in the National Assembly, Buruji Kashamu, to the United States of America to face…
Court Clears Fani-Kayode of Money Laundering Charges
A Federal High Court in Lagos in south-west Nigeria has discharged and acquitted a former Minister of Aviation, Femi Fani-Kayode, of money laundering charges. Delivering judgment on Wednesday, the judge,…