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British Court orders Shell to pay $410 million damages

British Court orders Shell to pay $410 million damages over Oil Spills
In the first case of its kind, a British High Court in London has ordered the oil major, Royal Dutch Shell to pay compensation of potentially more than £250m ($410m) after the Anglo-Dutch oil group admitted liability for two spills in Nigeria .Read more @ http://huhuonline.com/index.php?option=com_content&view=article&id=3332:british-court-orders-shell-to-pay-410-million-damages-over-oil-spills&catid=103:more-news

Resolution of Recapitalization through Bridge Banks
The Central Bank of Nigeria (CBN) is aware of, and supports, the decision of the Nigeria Deposit Insurance Corporation (NDIC), to exercise its statutory powers under the Nigerian Insurance Deposit Corporation Act, to establish Enterprise Bank Limited, Keystone Bank. Reaad more @ http://huhuonline.com/index.php?option=com_content&view=article&id=3334:re-resolution-of-recapitalization-through-bridge-banks&catid=101:letters&Itemid=400

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Al-Mustapha's Video Shows Yoruba Leaders in Aso Rock
Former Chairman of the Economic and Financial Crimes Commission, (EFCC), Mallam Nuhu Ribadu, has denied claims by Major Hamza al-Mustapha, former Chief Security Officer to the late Sanni Abacha, that the former was specifically instructed to eliminate him in 1998 .Read more @ http://huhuonline.com/index.php?option=com_content&view=article&id=3330:al-mustaphas-video-shows-yoruba-leaders-in-aso-rock&catid=103:more-news

Ogoniland Pollution Worst than earlier thought, say UN Agency
The environmental restoration of Ogoniland could prove to be the world's most wide-ranging and long term oil clean-up exercise ever undertaken if contaminated drinking water, land, creeks and important ecosystems such as mangroves are to be brought back. Read more @ http://huhuonline.com/index.php?option=com_content&view=article&id=3333:-ogoniland-pollution-worst-than-earlier-thought-say-un-agency&catid=89:finance&Itemid=379

Goodluck Ebele Jonathan, President of Some Nigerians
Won ní kárúgbó gba m pon, ó ní e bí won mo pé òun ò léhín; won ní kó pa m j ni?The old woman is asked to carry a child on her back, and she says but they know she has no teeth; was she asked to eat the child.Read more @ http://huhuonline.com/index.php?option=com_content&view=article&id=3328:goodluck-ebele-jonathan-president-of-some-nigerians&catid=77:personal-tech&Itemid=420

The Nexus between Weak-Institutions and Governance Failure
Nigeria’s underdevelopment is a result of general governance failure. Most analysts point at vices such as corruption, inequality, kleptomania, unemployment etc as the fundamental causes of Nigeria’s under-development. While it is germane to acknowledge. Read more @ http://huhuonline.com/index.php?option=com_content&view=article&id=3329:the-nexus-between-weak-institutions-and-governance-failure&catid=56:you-your-family&Itemid=412


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