British Authority Fines GTBank for Money Laundering
Britain’s financial services regulator said it had fined the UK subsidiary of Nigeria’s Guaranty Trust Bank (GUARANT.LG) (GUARq.L) 525,000 pounds ($815,000) for failing to have adequate controls to prevent money…
Why Plot Against Jonathan will Fail…
Ken Ugbechie No single human has defined the treachery of Nigerian politics than President Goodluck Jonathan. For some uncanny reasons, Jonathan has become the prime target of a legion of…
Covenant University Student, Unekwu Opaluwa, Sister Kidnapped
Suspected robbers on Sunday evening stormed the residence of an engineer, Mr. Samson Opaluwa, in Karmo, Abuja, kidnapping two female members of the family after robbing them. While the elder…
Jonathan May Extend IGP Abubakar’s Tenure as Lobbyists Kick
There is a crack on the wall of the Nigeria Police Force. The Force management is divided since news of President Goodluck Jonathan’s plan to elongate the tenure of the…
Broadband Council pushes for Smart States and 50% 3G-coverage
The Broadband Council is pushing for increased 3G coverage to 50% of the Nigerian population by 2015. This was one of the outcomes of the 4th Broadband Council meeting held…
World Cup: Hackers, Prostitutes Snoop on Visitors
As soccer fans around with globe prepare for the World Cup, hackers are getting excited, too, according to a new report on cybersecurity in Latin America from Symantec. The tournament,…
Amaechi Laments as Military Bans Private Jets From Kano Airport For Security Reason
The Defense Information Director, Major General Chris Olukolade, said on Monday that both grounding of Governor Rotimi Amaechi’s of Rivers State private jet at Kano airport and the subsequent banning…
World Bank, IMF Want Review of Acquisition of Oceanic Bank, Others
Unless for a last minute U-turn, the Federal Government may call a total review of the policy guidelines used by the former Governor of Central Bank of Nigeria (CBN) in…
Riot in Kano as Sanusi Emerges New Emir
The immediate past Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, has emerged the new Emir of Kano, succeeding late Ado Bayero. But his choice, considered by…
First Lady Mourns as Akunyili Dies of Cancer
Former Director General of NAFDAC and one time Minister of Information and Communications, Prof. Dora Akunyili finally bowed to cancer after a long-drawn battle spanning two years. She died Saturday…