MUFG Leaps to Grab CBA Asset Management Unit for $2.9 Billion in Surprise Sale


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Panel Reveals How Nigeria Airways Staff Embezzled $17.6m Meant For Aircraft Purchase

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Two staff of the defunct national carrier, Nigeria Airways, jointly diverted the sum of $17.6million meant for the payment of two aircraft, payment of commission and D-check for a Boeing 737 aircraft. This was contained in the findings by the Justice Obiora Nwazota panel set up by the Nigerian government to probe financial diversion in the former national carrier. The panel, which comprised eight members, submitted its whitepaper draft report to the government on May 8, 2002, and as part of its recommendations, directed the government to force Major General Olu Bajowa (rtd) and Captain Mohammed Joji to refund the sums to the government. For instance, the committee recommended that Bajowa should refund to Nigeria Airways Limited (NAL) the sum of $4.35million, which was deposited for the botched purchase of MD 11 and ATR aircraft. The committee said despite the payment, the sum was never recovered by the airline. The document read: “Government notes this recommendation and her...
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At Funeral Service, Family, Friends Pay Tribute To Tosyn Bucknor

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The remains of Oluwatosin Bucknor, popularly known as Tosyn Bucknor, has been laid to rest in Lagos at a private internment attended by family and friends on Thursday. Before the interment, a funeral service took place at Harvesters International Christian Centre, Lekki. The service started with a choir ministration and had in attendance Ali Baba, Banky W, Ebuka, among others. Her husband, Aurélien Boyer, took the first reading from 1st Thessalonians 4: 13-18, after which he paid tribute to her. According to him, Tosyn’s death has given him a rethink into taking his religious life more serious. The sister of the deceased, Funke Bucknor, took the second Bible reading from 1st Corinthians 15: 35-50. She went on to pay tribute to her sister. In his sermon, Bolaji Idowu, Pastor of Harvesters International Christian Centre, said the late OAP was in a better place and has begun her journey to eternity.  News AddThis :  Featured Image :  Original Author :  ...
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