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CBN, Suspended Governor Sanusi Want Intercontinental Bank Shareholders’ Suit Quashed

‎BEVERLY HILLS, CA, May 14, (THEWILL) – A Federal High Court has been asked to quash the suit filed against the Central Bank of Nigeria (CBN) and the suspended governor of the bank, Mallam Sanusi Lamido Sanusi, by some...

EFCC Arraigns Two For $60,000 Fraud

BEVERLY HILLS, CA, May 14, (THEWILL) – The Economic and Financial Crimes Commission, EFCC, has arraigned the duo of Nnanna Kalu, 26 and Ukaegbu Arisa Oti, 27, before Justice F. A. Olubanjo of the Federal High Court Umuahia, Abia...

3 Indians Jailed 15 Years For Crude Oil Theft

BEVERLY HILLS, CA, May 14, (THEWILL) – A Federal High Court sitting in Yenegoa, Balyesa State has convicted three Indian nationals, Sailesh Kumar Singh, (the Captain of the vessel), Chadrashekar Sharma and Ajay Bhatiya, owner of the vessel MT...

Imoke, Others Win Zik Prize For Leadership

SEN. LIYEL IMOKE - CROSS RIVER STATE GOVERNOR SAN FRANCISCO, May 13, (THEWILL) – Cross River State Governor Senator Liyel Imoke, Edo State Governor, Comrade Adams Oshiomhole and Gombe State Governor, Mr. Ibrahim Dankwambo, have been announced as joint winners...

Separatists Kill Seven Ukraine Soldiers In Heaviest Loss For Kiev Forces

Pro-Russian separatists ambushed Ukrainian troops on Tuesday, killing seven in the heaviest loss of life for government forces in a single clash since Kiev sent soldiers to put down a rebellion in the country's east. With the uprising and Russia's...

Death Toll In Turkish Mine Blast Exceeds 200, Many Still Trapped

Rescuers pulled more dead and injured from a coal mine in western Turkey on Wednesday more than 19 hours after an explosion, bringing the death toll to 205 in what could become the nation's worst ever mining disaster. Hundreds more...

Islamist Militants Hit Yemeni Army Posts, 18 Dead

At least eight Yemeni soldiers and 10 al Qaeda militants were killed in clashes on Wednesday when insurgents attacked two military posts in a southern province where the government mounted an offensive two weeks ago, military sources said. The sources...

Six Powers, Iran Launch Crunch Phase Of Nuclear Diplomacy

Six world powers and Iran launched a decisive phase of diplomacy on Wednesday to begin drafting a lasting accord that would curb Tehran's contested nuclear activity in exchange for a phased end to sanctions that have hobbled the Iranian...

Sony Vows Deeper Restructuring, Warns Of Another Loss This Year

Sony Corp said it would step up a broad restructuring this year to tackle bloated costs and exit some unprofitable businesses, hoping to put behind it years of persistent losses. The Japanese consumer electronics giant, which warned on Wednesday of...

Exclusive: ECB Readies Package Of Rate Cuts And Targeted Measures

The European Central Bank is preparing a package of policy options for its June meeting, including cuts in all its interest rates and targeted measures aimed at boosting lending to small- and mid-sized firms (SMEs). Five people familiar with the...

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