The U.S. Department of Justice is investigating trades worth billions of dollars that Deutsche Bank AG (DBKGn.DE) made on behalf of Russian clients, a person familiar with the situation told Reuters on Tuesday.
U.S. DoJ officials have demanded information from...
Alibaba Group Holding Ltd (BABA.N) has hired former Goldman Sachs Group Inc (GS.N) partner Michael Evans to oversee the e-commerce company's international expansion, a top priority as the firm looks beyond China to sustain its heady growth rates.
Evans, who...
BEVERLY HILLS, August 04, (THEWILL) – Pan-African financial services group, United Bank for Africa (UBA) Plc has resuscitated the UBA Professorial Chair of Finance at the University of Lagos with an endowment sum of the N52.9 million.
A cheque to...
...NNPC's crude allocation for refineries no longer serves purpose
...Oil used in ad hoc ways, swap contracts full of holes
...Decade's worth of revenues from entire crude stream unremitted
Nigeria's new president should overhaul how Africa's biggest oil producer sells its state...
President of the Federated Niger Delta Ijaw Communities (FNDIC), Chief Bello Oboko, has called for the upward review of the derivation funds accruing to Delta State Oil Producing Areas Development Commission (DESOPADEC).
Oboko, who made the call in a position...
SAN FRANCISCO, August 04, (THEWILL) –  The Inspector General of Police, Mr. Solomon Arase, has given police prosecutors the go-ahead to arraign Mr. Joe Agi, a Senior Advocate of Nigeria (SAN), in court for alleged multiple counts of forgery,...
SAN FRANCISCO, August 04, (THEWILL) – Barring any last minute changes, President Muhammadu Buhari will appoint Dr. Emmanuel Ibe Kachikwu, the Executive Vice Chairman of ExxonMobil Africa as the new Group Managing Director (GMD) of the Nigerian National Petroleum...
“Our government will reinvigorate the civil service and critically review appointments, postings, placements, secondments and other related political appointments and rationalization of allocations and re-allocations of government buildings and infrastructure. This will ensure they confirm to best procedural practices,...
"Mr Lely, I desire you would use all your skill to paint my picture truly like me, and not flatter me at all; but remark all these roughnesses, pimples, warts and everything as you see me, otherwise I will...