Tag Archives: Business Finance

Uganda President Yoweri Museveni wins presidential election

February 20, 2011 by benim

Uganda’s leader, Yoweri Museveni, has won more than two-thirds of the votes in a presidential election rejected by the opposition as fraudulent. With nearly all the ballots counted, Museveni had 68% of the vote, according the country’s electoral commission. His … read more »

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Switzerland freezes Mubarak assets

February 14, 2011 by benim

Cairo – Switzerland has frozen whatever assets Hosni Mubarak and his associates may have there, and anti-corruption campaigners are demanding the same of other countries. But experts say hunting for the deposed Egyptian leader’s purported hidden wealth – let alone … read more »

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Italian parliament rejects prosecutors’ search request in Berlusconi prostitution probe

February 3, 2011 by benim

ROME – The Italian parliament has rejected prosecutors’ request to search some of Prime Minister Silvio Berlusconi’s properties in a prostitution probe targeting him. Milan prosecutors allege Berlusconi paid for sex with a minor and then used his office to … read more »

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Silvio Berlusconi urges Italians to break the law not to pay TV licence after he is slammed on series of shows

January 30, 2011 by benim

Italian prime minister Silvio Berlusconi has urged Italians to break the law and not pay their TV licence following a series of shows that have slammed him. Berlusconi, 74, is facing allegations of sex with an underage prostitute, Karima El … read more »

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Silvio Berlusconi hit by drug allegations as well as sex claims

January 27, 2011 by benim

Marysthell García Polanco. Drugs were found in a flat allegedly provided to her by Berlusconi. Photograph: Matteo Bazzi/EPA The scandal involving Silvio Berlusconi’s private life deepened today after drugs were mentioned in new evidence to Italy’s parliament. The new evidence … read more »

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Silvio Berlusconi had encounters with a second under-age showgirl

January 27, 2011 by benim

The Brazilian showgirl Iris Berardi (L). Nicole Minetti (R) became a councillor in Lombardy with Mr Berlusconi’s support Photo: FOTOGRAMMA The prime minister, 74, is already accused of paying for sex with a teenage nightclub dancer known as Ruby the Heartbreaker, … read more »

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You’re a buffoon: TV host’s rebuff to ranting Berlusconi who branded his programme a ‘whorehouse’

January 26, 2011 by benim

Sleaze-hit Italian Prime Minister Silvio Berlusconi yesterday showed the pressure was getting to him after he called a late night TV news show and traded insults with the presenter. Berlusconi is at the centre of a sex probe involving an … read more »

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Nigerian president signs amended constitution

January 10, 2011 by benim

Nigerian President Goodluck Jonathan signed an amended constitution on Monday, cementing the legal framework for presidential, parliamentary and state governorship elections in April. Parliament initially passed an amendment last July bringing polls forward to January, but then passed a second … read more »

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Nigeria court rejects challenge to Jonathan poll bid

January 10, 2011 by benim

A Nigerian court on Monday threw out a suit brought by three members of the ruling People’s Democratic Party (PDP) to try to stop President Goodluck Jonathan from contesting primaries on Thursday. “The originating summons is hereby dismissed because it … read more »

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Nigeria: Activists calls for disqualification of former vice president

January 10, 2011 by benim

A pressure group, the Coalition for Political Awareness and Change, has called on the People’s Democratic Party to consider the anti-graft cases against the former vice president, Atiku Abubakar, when holding the party’s screening of its presidential aspirants. The group, … read more »

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Nigeria 2011 Elections: Atiku kicks as calls for disqualification mount

January 10, 2011 by benim

FORMER Vice-President and Peoples Democratic Party (PDP) presidential aspirant Atiku Abubakar yesterday launched a battle against calls for his disqualification. The National Coalition for Greater Nigeria (NCGN), Coalition for Political Awareness and Change (CPAC) and the National Vanguard for Democracy … read more »

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Nigeria: Jonathan, Atiku appear before PDP screening panel

January 9, 2011 by benim

ABUJA- THE Peoples Democratic Party, PDP will today Screen its Presidential aspirants to get the party’s flagbearer for the April Presidential election. Those to appear before the Ambassador  Aminu  Wali led 10 –member  Screening Committee are President  Goodluck  Jonathan, former  … read more »

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Nigeria: Court set to determine Jonathan’s fate

January 7, 2011 by benim

NATIONAL Chairman of the Peoples Democratic Party (PDP) Dr. Okwesilieze Nwodo Thursday told an Abuja High Court why President Goodluck Jonathan must be allowed to contest under the party’s platform. He said denying Jonathan the chance is tantamount to taking … read more »

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Church burned in Nigeria: police

January 3, 2011 by benim

KANO, Nigeria — Unidentified arsonists burnt a church in a northern Nigerian city where Islamists torched two churches and killed six worshippers on Christmas Eve last month, police said on Monday. There were no casualties in the weekend attack against … read more »

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Nigeria: Jonathan visits Abuja bomb blast victims in hospital bed

January 2, 2011 by benim

President Goodluck Jonathan, in company of his wife and other top government officials on Sunday paid a visit to victims of the New Year eve bomb blasts with a pledge that government would settle all medical expenses for the victims. … read more »

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Nigeria usher in Year 2011 with violence and insecurity

January 2, 2011 by benim

About three hours before 10.27pm on Christmas eve, bombs exploded in Jos North local government area of Jos, Plateau State killing scores. At about the same time,500km away in Maiduguri, Borno state, North east Nigeria, another set of people launched … read more »

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Nigeria: Religion or Politics Which Is To Blame for the Bombings?

January 2, 2011 by benim

Religion or Politics Who Is To Blame for the Bombings, A food for Thought. It is surprising to see how quickly Nigerians rush to conclusion regarding the recent bombings. Some blame it on politicians. Others say it is religion. Mr. … read more »

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Abuja New Year Eve Bomb Blast, MEND Denies Involvement, Condemns Deliberate Attack On Civilians

January 2, 2011 by benim

The Movement for the Emancipation of the Niger Delta (M.E.N.D) has denied any involvement in the new year eve bombings that rocked Abuja on Friday, December 31, 2010. The group in an email said, “Bombings and attacks carried out by … read more »

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Nigerians wonder who was behind latest bomb

January 2, 2011 by benim

ABUJA, Nigeria – Muslim extremists may have planted the bomb that exploded at an army barracks in Nigeria’s capital, the country’s president said Saturday after the latest attack in a nation beset by violence in recent weeks. No one has … read more »

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Obama offers help after attacks in Egypt, Nigeria

January 1, 2011 by benim

President Barack Obama on Saturday condemned separate “outrageous terrorist bombing attacks” in Egypt and Nigeria and said the United States was prepared to assist both countries in responding to them. A bomb killed at least 17 people outside a church … read more »

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Nigeria militants claim attack on oil facilities

December 18, 2010 by benim

LAGOS — Militants on Saturday claimed to have attacked three pipelines operated by the US oil giant Chevron and Italian firm Agip in Nigeria’s oil hub. The Niger Delta Liberation Force (NDLF) said it staged the attacks on Friday in … read more »

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WikiLeaks: UN offered Robert Mugabe a lucrative retirement overseas

December 18, 2010 by benim

The head of the United Nations offered Robert Mugabe a lucrative retirement package in an overseas haven if he stood down as Zimbabwe’s president, according to claims quoted in leaked diplomatic cables. The extraordinary offer was allegedly made by Kofi … read more »

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Bank denies WikiLeaks’ Sudan claim

December 18, 2010 by benim

A part-nationalised British bank has said there is “no evidence” to back claims exposed in leaked US diplomatic cables that Sudan’s president may have stolen £5.8 billion from his country and deposited it in London. A document among tens of … read more »

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WikiLeaks: Sudan’s president ‘stole $9 billion’

December 18, 2010 by benim

Omar al-Bashir, the Sudanese president, is suspected of siphoning off $9 billion from his country’s oil boom and depositing much of it in British banks, according to a leaked US diplomatic cable. The claims came from Luis Moreno Ocampo, the … read more »

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Ghanaians hope oil will deliver change, not trouble

December 15, 2010 by benim

Ghanaians welcomed their country’s first oil on Wednesday optimistic they can enjoy the economic benefits without the troubles that oil wealth has brought other African countries. “It is a blessing,” said Andy Kwame Amuzu, a 50-year-old taxi driver in the … read more »

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Politicians killed Nigerian banks. Says Sanusi

December 13, 2010 by benim

AS the controversy surrounding the statement made by the governor of Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, about the budget of the National Assembly rages on, the CBN governor has declared that politicians in the country, particularly … read more »

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Nigeria charges four over deadly Independence Day bombs

December 7, 2010 by benim

ABUJA — A Nigerian court charged the brother of an alleged militant and three other suspects with treason and terrorism Tuesday over the October 1 Independence Day twin car bombings that killed 12 people. The Abuja Federal High Court charged … read more »

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WRAPUP 1-Amazon, Ebay, Google going local

December 2, 2010 by benim

* “Local mania” driving Internet powerhouses * Amazon invests in LivingSocial, EBay buys Milo.com * Google-Groupon deal in the works SAN FRANCISCO, Dec 2 (Reuters) – Amazon.com and eBay Inc are investing in local Internet services, jumping aboard the increasingly … read more »

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Nigeria: EFCC opposes motion in Akingbola case

November 25, 2010 by benim

The motion by six top management staff of Intercontinental Bank, urging a Federal High Court in Lagos, to strike out the 23-count amended charge against them, was yesterday opposed by the Economic and Financial Crimes Commission (EFCC). The officials, together … read more »

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Nigeria security recovers car bomb in hotel

November 19, 2010 by benim

Officials of the State Security Service (SSS) yesterday displayed a car that they said Henry Okah, purchased and wired with a bomb for use in the twin bombings in Abuja on October 1st. Marilyn Ogar, a spokesperson for the agency, … read more »

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