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Sanusi plans to sell Oceanic Bank to friends, Cecilia Ibru tells court



Lemmy Ughegbe, (Guardian) - Cecilia Ibru has alleged at the Federal High Court in Lagos that her sack as Oceanic Bank Managing Director (MD) on August 14 is part of an elaborate design by CBN Governor, Lamido Sanusi, to sell the bank to his friends under the guise of “core investors.” Controversy also trail Sanusi’s appointment of seven advisers for 10 troubled banks.

 
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RECENT TOP HEADLINES
Nigerian political office holders highest paid globally, says Transparency



Lemmy Ughegbe, (Guardian) - Nigeria's political officer holders earn the highest pay in the world, Transparency International said in its report released yesterday. Curiously, the Nigerian public servants earn the poorest pay globally, the body also revealed. The body also rated the nation as 38th most corrupt nation in the world, in its 2009 Nigeria Corruption Perception Index.

Abuja High Court says it has no jurisdiction to adjudicate in suit against Soludo



Lemmy Ughegbe, (Guardian) - Trial judge, Danlamin Zenchi, threw out the action instituted by four aggrieved PDP governorship aspirants on the premise that the court lacked the jurisdiction to adjudicate on the issue. According to Zenchi, nomination of candidates for elections was the exclusive preserve of a political party and could therefore not be litigated.

Switzerland to deport 80 Nigerians and give them $6,500 each to re-settle



Lemmy Ughegbe, (Guardian) - Nigeria's ambassador to Switzerland says "We have a framework, an MoU, which enables the Swiss Government to voluntarily repatriate Nigerians. The Swiss Govt gives each of these Nigerians who have volunteered themselves for repatriation a token of $6,500 to enable them re-settle and start up a career once they have agreed to return to Nigeria.

Super Eagles qualify for 2010 World Cup finals in South Africa, defeat Kenya 3-2



Report, (Nigeriaworld/AFP) - Super Eagles make it into 2010 World Cup finals in South Africa, after giving every Nigerian, man and child, gray hair. Obafemi Martins, the hero of the match, scores @ 62 mins; Yakubu Aiyegbeni scores @ 65; Martins strikes again @ 83 to seal the deal. Tunisia, the close rival, was emotionally a no-show in a 0-1 loss to Mozambique, in Maputo.

Nigerian multi-million dollar football star, Worgu, sentenced to 40 lashes in Sudan



Staff, (Nigerian Tribune) - Stephen Worgu, who signed a reported multi-million dollar contract with Omdurman Club, Al Merreikh, last year, said he was innocent and determined to win an appeal against the sentence. ''I am not guilty of this crime...I can't imagine myself being flogged,'' he told reporters in his Khartoum flat. It was the latest in a series of high-profile cases.

U-17: Golden Eaglets drop-kick Spain 3-1, face Switzerland in final on Sunday



Staff, (FIFA) - In a re-play of the 2007 final, the Golden Eaglets, now promoted to Flying Eagles, along with the coach, thundered through to beat Spain 3-1 in the semi-final of the FIFA U-17 World Cup in Lagos. The team continue to improve with every outing here on home soil. Nigeria will now face Switzerland – who beat Colombia 4-0 in their semi-final – in a tantalising grand final in Abuja.