Business Corruption Crime Oil & Gas Top Story

How mining company used private jet to move dollar bribe cash from Nigeria

Prosecutors said before a London court on Wednesday that employees and agents of a British unit of mining and trading company Glencore used private aircraft to transport money to pay bribes to oil authorities in West Africa. In June 2022, Glencore formally entered a guilty plea to seven charges of bribery related to oil activities Read More…

REUTERS/Afolabi Sotunde/File Photo
Business Oil & Gas Top Story

NNPC: China’s Addax withdraws from four Nigerian oil blocks

Nigeria’s NNPC Ltd. announced on Tuesday that Sinopec’s Addax Petroleum Development (Nigeria) Ltd. has ceded its four main oil mining blocks in Nigeria to the state-owned oil corporation. By establishing Production Sharing Contracts (PSCs) with NNPC, Addax launched operations in Nigeria in 1998. “NNPC Ltd and Addax Petroleum Development (Nigeria) Ltd signed a Memorandum of Read More…

TrucksDekho
Crime Dangerous Driving Manslaughter Metro

Lagos lorry driver kills 73-year-old lady

Titilayo Adawi, 73, was killed instantly after being struck by a truck driven by Kazeem Ajibola on Monday on the Lekki-Epe Expressway, according to the Lagos police. The event was reported on Tuesday by SP Benjamin Hundeyin, the Police Public Relations Officer (PPRO) in Lagos State. According to Hundeyin, the incident occurred on Monday and Read More…

REUTERS/Kacper Pempel/Illustration/File Photo
Crime Cybercrime Nigeria Top Story

Nigeria joins 36 nations, 13 firms to meet in Washington on ransomware

This week, the White House will welcome representatives from 13 international firms and representatives from 37 nations, including Nigeria, to discuss the rising danger posed by ransomware and other cybercrime, including the unauthorised use of cryptocurrency. Last year, the informal Counter-Ransomware Initiative was launched online. This year, seven more countries and a number of new Read More…

REUTERS/Sayed Sheasha
Africa Egypt Environment World

COP27 to test world’s determination to fight war, inflation

The global climate meeting in Egypt next week will show how serious countries are about stopping global warming, even though many of the major players are focused on more pressing issues like the conflict in Europe or rising prices for consumers. From November 6–18, more than 30,000 delegates, including government officials from 200 countries, will Read More…

REUTERS/Temilade Adelaja/File Photo
Africa Top Story World

Why are this year’s West and Central Africa floods so bad?

A Reuters Analysis Since June, parts of West and Central Africa have been getting unusually heavy rains for this time of year. This has caused terrible floods that have hurt millions of people and buried farms in 19 countries. The causes of the flooding as well as information on their impact, according to a Reuters Read More…