The Senate has adopted the report of a committee it set up to probe the Bureau of Public Enterprises and its activities. It has also approved the sack of the current boss of the BPE, Bolanle Onagoruwa. While adopting the recommendations of the committee, part of which also asked that […]

Japanese prosecutors raided offices of Olympus Corp and the home of a former executive on Wednesday in a probe into a $1.7 billion accounting scandal that has threatened the survival of the once-proud camera and medical equipment maker. Tokyo prosecutors, police and financial regulators have joined forces in a rare […]

LAGOS, Nigeria (AP) — The head of the International Monetary Fund on Tuesday advised Nigerian leaders to build up resistance in the face of Europe’s escalating debt crisis, as officials in the oil-rich nation pushed a proposal to remove oil subsidies that they say will save billions of dollars. IMF […]