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U.S. Doj Probes Deutsche Trades Worth Billions: Source

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 Hires Former Goldman Banker Evans As President

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...

UBA Resuscitates The Professional Chair Of Finance At UNILAG With N52.9m Endowment

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...

Nigeria Should Overhaul State Oil Sales To Stop Corruption – Report

...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...

DESOPADEC: Ijaw Leader Wants Upward Review Of Derivation Funds

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...

C’River: ‎Police To Arraign Joe Agi For Alleged Forgery

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,...

EXCLUSIVE: Buhari To Appoint ExxonMobil Vice Chairman, Kachikwu As GMD NNPC

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...

OPINION: BALANCING GEOPOLITICAL APPOINTMENTS ACROSS NIGERIA

“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,...

OPINION: ANENIH @ 82 AND THE LONGING FOR MORE ODYSSEYS

"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...

OPINION: GOODLUCK  EBELE  JONATHAN: THE  PHONES  NO  LONGER  RING

As  president  of  Nigeria, unlike  my  boy  Abati, who  said  his  phones  rang  endlessly  and  became  more  than  personal  navigators  within  the  social  space, mine  endlessly  rang  and  went  from  being  just  an  electronic  device  for  calls  or  net ...

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