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JPMorgan fires back in $6.4bn Madoff lawsuit

By Agency Reporter Friday, 11 Feb 2011 JPMorgan Chase & Company accused the trustee seeking $6.4bn for victims of Bernard Madoff’s Ponzi scheme of doing an end run around the law in pursuing his case, and said it had a right to a jury trial. Reuters reported on Thursday that the […]

How Lagos lost N2bn in prime real estate

BySamson Echenim Friday, 11 Feb 2011 About 40 metres of land valued at between N1.5bn and N2bn has been washed off by erosion caused by a wrecked ship along the Lekki shore land, a frontline environmental activist, Mr. Desmond Majekodunmi, told journalists on Thursday. Majekodunmi said this when briefing journalists, […]

Union Bank: NLC insists on nationwide picketing of branches

By Agency Reporter Friday, 11 Feb 2011 The Nigeria Labour Congress has threatened to go ahead with its decision to embark on nationwide picketing of the offices of the Union Bank of Nigeria Plc from February 14 to February 18, 2011. The President of the NLC, Comrade Abdulwaheed Omar, said in […]