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Boko Haram Scare Forces Motorists From Maiduguri – Damaturu Highway

BEVERLY HILLS, February 21, (THEWILL) - The fear of falling into the trap of Boko Haram insurgents Friday forced motorists and passengers away from the busy Maiduguri-Damaturu highway in Borno State. Unconfirmed report had filtered into Maiduguri, the state capital,...

Federal Court Stops SSS, Police From Arresting Lamido Sanusi

BEVERLY HILLS, February 21, (THEWILL) - The embattled former Governor of the Central bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi Friday obtained an order from the Federal High Court Ikoyi, Lagos barring the State Security Service and the...

Chinese Firm Plans $15m New Investment Portfolio In Cross River

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Exclusive Document: The Financial Reporting Council Report That Busted Sanusi

… Claimed a Whooping N1.257 Billion for “Lunch For Policemen” and expenses for “Private Guards” In 2012 … Bogus Payments To Airlines To Distribute Currency Nationwide Exposed … Operated Bogus Expense Heads To Hide Fraudulent Activities … CBN Has Held An Account...

Okonjo-Iweala Says She Remains Finance Minister

BEVERLY HILLS, February 20, (THEWILL) - The Minister of Finance and Coordinating Minister for the Economy, Dr. Mrs. Ngozi Okonjo-Iweala has issued a carefully worded statement that sidestepped answering the question whether she tendered a letter of resignation earlier...

Nigerian Finance Minister Okonjo-Iweala Resigns – Sources

Update: The Minister of Finance and Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala has issued a carefully worded statement that sidestepped answering the question whether she tendered a letter of resignation earlier in the week to President Goodluck Jonathan. The...

House Condemns Sanusi’s Suspension

BEVERLY HILLS, February 20, (THEWILL) - The House of Representatives Thursday condemned the suspension of the Central Bank of Nigeria (CBN) Governor, Mallam  Sanusi Lamido Sanusi, by President Goodluck Jonathan. The House said the suspension ran foul of the CBN...

Sanusi’s Suspension: President Acted Within The Ambit Of His Powers, Says Senate

BEVERLY HILLS, February 20, (THEWILL) - The Senate on Thursday declared that President Goodluck Jonathan acted within the ambit of his statutory function by suspending the Governor of Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi. Senate's spokesman, Senator Enyinnaya...

$49.8bn: Adoke Says It’s Legal For NNPC To Deduct Costs Before Remitting To Federation Account

SAN FRANCISCO, February 20, (THEWILL) - The Attorney General of the Federation, Mohammed Bello Adoke, on Thursday told the Senate that the Nigerian National Petroleum Corporation (NNPC) was not bound by law to remit all revenues derived from upstream...

Video: Sanusi Says Will Challenge Suspension As CBN Governor In Court

… Blames Suspension On His Exposure Of Leakages In Oil Revenue BEVERLY HILLS, February 20, (THEWILL) - The suspended controversial Governor of the Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi, has reacted to his suspension by President Goodluck Jonathan...