A British high street solicitor laundered huge sums of money in bribes to Nigeria via accounts in Switzerland and France, a London court was told during an extradition hearing yesterday. Jeffrey Tesler, 61, allegedly funneled bribes in millions of dollars … read more
President Umaru Yar’Adua is being treated in Saudi Arabia for acute pericarditis and it is unclear when he will return, his spokesman said Thursday. “The medical review and tests undertaken at the hospital have confirmed the initial diagnosis that the … read more
About 26 ex-militants at rehabilitation center located at the Social Development Institute (SDI) in Okeyi, Etche Local Government Area of Rivers State yesterday held a staff of the institute hostage over what they described as unfair treatment by their host. … read more
Nigeria plans to increase spending by a third next year, to help lift itself out of an economic downturn, overhaul its shambolic power sector and develop the Niger Delta, the restive heartland of its mainstay oil industry. President Umaru Yar’Adua … read more
Pirates attacked an oil tanker off the coast of West Africa, killing a Ukrainian officer before escaping with the contents of the ship’s safe, the ship’s owners and Benin’s navy commander said on Tuesday. Commander Maxime Ahoyo said the officer … read more
Ahead of today’s court appearance of Cecilia Ibru, former chief executive of Oceanic Bank Plc, federal investigators have asked that the bank freezes the account of Nanashettu Bedell, now a fugitive from the law, who is believed to be the … read more
President Umaru Yar’Adua will travel to Saudi Arabia on Monday for medical checks, his office said. “President Umaru Yar’Adua will leave Abuja today for the Kingdom of Saudi Arabia. While there, the president will call on his personal physicians in … read more
Nigeria’s anti-corruption police on Monday gave defaulting debtors of nine bailed-out banks two weeks to organise repayments or risk arrest, prosecution and the seizure of their assets. Nigeria has injected around 600 billion naira ($4 billion) into the banking system … read more
A 17-year-old Nigerian girl and three other pilgrims died of swine flu soon after arriving in Saudi Arabia, Saudi health officials said yesterday while announcing the first deaths from swine flu in this year’s hajj. The Saudi Health Ministry said … read more
TWO Policemen were killed yesterday in Port Harcourt and two others sustained gun shot wounds during a fierce encounter between the Police and gunmen around Woji road area of the state capital. Also, two children were kidnapped on their way … read more