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U.S. Sues Barclays, Ex-Executives For Mortgage Securities Fraud

The U.S. Department of Justice on Thursday sued Barclays Plc (BARC.L) and two former executives on civil charges of fraud in the sale of mortgage-backed securities during the run-up to the 2008-09 financial crisis. The lawsuit was filed after Barclays...

Credit Suisse Agrees $5.3 Billion U.S. Mortgage Settlement

Credit Suisse (CSGN.S) had agreed in principle to pay U.S. authorities $2.48 billion to settle claims it misled investors in residential mortgage-backed securities it sold in the run-up to the 2008 financial crisis, the Swiss bank said on Friday. Credit...

Christmas: FRSC Warns Against Night Journey

SAN FRANCISCO, December 23, (THEWILL) - The Federal Road Safety Corps, FRSC, has urged motorists and other road users to avoid reckless driving and night journey during the festive period in order to reduce the rate of  auto crashes. Mr Arinze...

LAKE Rice: Buhari Lauds Lagos, Kebbi; Happy That Nigerians Rushing To Buy Product

SAN FRANCISCO, December 23, (THEWILL) - President Muhammadu Buhari on Friday expressed delight at the relatively cheaper price of LAKE (Lagos-Kebbi) Rice, especially at this period of economic recession. In a statement by his Special Adviser on Media and Publicity, Mr....

I Am Not Running For President In 2019 – Jonathan

SAN FRANCISCO, December 23, (THEWILL) - Former president, Goodluck Jonathan says he has no plan to contest the 2019 presidential poll, debunking an online report which claimed that he spoke about 2019 elections in a meeting with his kinsmen in...

Be Extra Vigilant, Boko Haram Now Fleeing Sambisa To Cities – Army Alerts Nigerians

SAN FRANCISCO, December 23, (THEWILL) - The Nigerian Army has called on citizens to be more vigilant as Boko Haram insurgents are fleeing their base in the Sambisa forest to other parts of the country and beyond. In a statement issued...

We Have Not Deployed Any Ambassador – FG

SAN FRANCISCO, December 22, (THEWILL) - The Ministry of Foreign Affairs says not a single ambassador has been deployed. NAN had reported that 47 career ambassadors-designate were posted to various countries. But in a statement on Thursday, the permanent secretary of the...

Bayelsa Govt Blames Banks For Workers’ Difficulties In Collecting Salaries 

SAN FRANCISCO, December 22, (THEWILL) - The Bayelsa State government on Thursday said it is not its fault that civil servants are having challenges collecting their salaries, blaming the situation on various banks in the state, adding that the development...

Niger Delta Is Where Govt Gets Most Of The Money – Osinbajo

SAN FRANCISCO, December 22, (THEWILL) - The Vice President, Prof. Yemi Osinbajo on Thursday acknowledged that the Niger Delta region is where Nigeria gets most of its money. He identified the resurgence of militancy in the oil-rich region as one of...

Unseen Princess Diana Letter Calls Harry ‘Naughty’

Heartwarming unseen letters from Princess Diana which reveal information about Prince William and Prince Harry’s childhood are up for auction. The notes are being sold by the family of the late Cyril Dickman, who served as a palace steward at...

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