In a bid to assist Nigerian courts to decide promptly on complex financial crimes brought before them, the United States Government and its Embassy in Nigeria have partnered with seven Nigerian judges and four magistrates to compile a handbook to guide them on that aspect of justice delivery. The handbook is entitled ‘the FCT High […]
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The United State’s Wall Street top regulator faced questions today, Thursday about its defenses against cyber criminals after admitting hackers breached its electronic database of corporate announcements and may have used it for insider trading. The incursion at the Securities and Exchange Commission struck at the heart of the U.S. financial system. The SEC’s EDGAR […]
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U.S. exchange operator Nasdaq Inc said on Tuesday it would buy investment analytics provider eVestment Alliance LLC for $705 million to bolster its market technology business and woo more institutional investors. Evestment, whose clients include Morgan Stanley, Google parent Alphabet Inc and BlackRock Inc, provides cloud-based services to help investors monitor market trends and make […]
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U.S. job growth slowed in August as employers added 156,000 jobs, though still enough to suggest that most businesses remain confident in an economy now in its ninth year of recovery from the Great Recession. The unemployment rate ticked up from 4.3 percent to a still-low 4.4 percent, the Labor Department said Friday. The government […]
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U.S. productivity grew more than expected in the second quarter as hours worked rose at their fastest pace in 1-1/2 years, leading to a modest increase in labor costs that could keep inflation muted in the near term. The trend in productivity, however, remains weak, suggesting robust economic growth will be hard to achieve. President […]
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The U.S. Justice Department on Friday filed a lawsuit seeking to recover assets that include a $50 million Manhattan apartment and an $80 million yacht that it said were bought using money generated from a scheme to pay millions of dollars in bribes to a former Nigerian oil minister. The civil lawsuit, filed in federal […]
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The Supreme Court is allowing President Donald Trump to forge ahead with a limited version of his ban on travel from six mostly Muslim countries to the U.S. Trump hailed the decision as a “victory for national security,” but it’s likely to set off a new round of court disputes over anti-terror efforts and religious […]
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Slightly more people sought US unemployment benefits last week, but the number of applications remained at a historically low level that suggests the job market is healthy. The Labor Department says weekly applications rose 3,000 to a seasonally adjusted 241,000. The less-volatile four-week average ticked up 1,500 to 244,750. Applications are a proxy for layoffs […]
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The Trump administration on Thursday added three senior members of the Islamic State group to a terrorism blacklist, including the group’s leader and chief recruiter in India and a recruiter for attackers who carried out two deadly assaults in Europe. The State Department and Treasury said the trio have committed or pose a significant risk […]
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A 59 year-old contractor, Okechukwu Joseph, has been arrested by the National Drug Law Enforcement Agency for ingesting heroin, which he was smuggling to New York. Also arrested is a 41 year-old safety officer, Nnaji Austine, who was exporting Cannabis and Tramadol to Qatar. According to a statement by the spokesperson of the NDLEA, Mr. […]
Read More Nigeria is set to export its first consignment of certified yams to the United Kingdom and United States this month, the Minister Agriculture and Rural Development, Chief Audu Ogbeh, has said. This will mark a milestone in efforts to bring Nigeria back into reckoning in the agricultural export market. The minister said export of the […]
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The United States might ban laptops from aircraft cabins of all flights into and out of the country, John Kelly, Secretary of Homeland Security, said on Sunday. In an interview on Fox News Sunday Kelly said the U.S. plans to “raise the bar” on airline security, including tightening screening of carry-on items. “That’s the thing […]
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