By John Ameh and Fidelis Soriwei Friday, 3 Dec 2010 There was a dramatic twist to the scheduled appearance of the Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, before the House of Representatives on Thursday, as lawmakers backed down.Sanusi had been summoned to appear before the House in […]

December 02, 2010 by CHAD BRAY The trustee seeking money for victims of Bernard Madoff’s Ponzi scheme sued J.P. Morgan Chase & Co. for more than $6 billion, claiming the bank enabled his multibillion-dollar fraud.   The lawsuit is the latest salvo by Irving Picard, who has filed a flurry […]

December 01, 2010; 1420 hrs, Sofitel, Ikoyi, Lagos, Nigeria  “The best way to destroy an enemy is to make him a friend.”   When Max Lerner, in the book – Actions and Passions (1949) said “Do not confuse your vested interests with ethics”; could he have envisaged a scenario like […]