Nigeria’s latest plan to end militant attacks in the volatile Niger River delta that have cut oil production to a 20-year low appears to have collapsed. Secretary of State Hillary Clinton endorsed the plan during a visit to Nigeria earlier … read more
Our attorney general, the highly voluble Michael Aondoakaa, has been very quiet lately. It is a season of upheaval in our financial system, in which the greed and avarice and sheer criminality of many of our business leaders have been … read more
The Honourary Special Adviser to President Umaru Musa Yar’Adua on Niger Delta, Mr. Timi Alaibe, has warned the Movement for the Emancipation of the Niger Delta (MEND) over reports that it has threatened to resume attacks on oil installations. MEND … read more
Former Delta State Governor, James Ibori, on Sunday described as dishonest allegation that he took loans from some of the five distressed banks to fund companies, whereas the historical accusation had been that he stole money from the public purse … read more
The furore that followed the sack of Boards and Chief Executive Officers, CEOs, of five banks and subsequent release of highly controversial list of bad debtors of the banks by the Central Bank of Nigeria, CBN, took a new turn … read more
Leader of the Movement for the Emancipation of the Niger Delta (MEND), Mr. Henry Okah, flew into South Africa yesterday for medical treatment, THISDAY checks have revealed. Okah, first beneficiary of the federal government’s amnesty granted militants, regained his freedom … read more
Nigeria’s main militant group, Movement for the Emancipation of Niger delta (MEND) today said it will resume attacks against the oil industry on September 15, when its self-declared ceasefire expires. In an email statement to Thetimesofnigeria.com, MEND criticized the money-for-arms … read more
The Economic and Financial Crimes Commission, EFCC, has arrested two more bank executives in continuation of its inquisition into the affairs of the banks. The latest on the list of arrested persons are: John Waha, managing director, Afribank Securities Limited; … read more
THE arms turn-in by repentant militants in Bayelsa State, which started on Friday, reached its peak, yesterday, with the State Government, in conjunction with the Presidential Amnesty Committee, formally receiving and displaying arms surrendered by militants in a colorful ceremony. … read more
The recent sack of five Managing Directors of banks by the Central Bank of Nigeria (CBN) over the near collapse of their banks may have led to more trouble for top chiefs in the affected banks as the Metropolitan Police … read more