American

An American citizen has been cleared of murder. But this did not come until 45 years later after he was convicted. Richard Phillips, 71, was upbeat, saying the criminal justice system “works — it just didn’t work fast enough.” A …

• Makes N19b in one year, excess gain hits N4.5 billion• Official says consulate uses market-based exchange rateThough the Federal Government pegged the exchange rate at N305.25 to a dollar, the American Consulate in Nigeria exchanged…