ABUJA, May 28 (Reuters) – Anti-corruption group Transparency International said on Monday Nigeria’s government has in the run-up to elections expanded the use of opaque $670 million-a-year funds that fuel graft. The funds, known as “security votes”, are a relic of military rule, mainly disbursed in hard cash and nominally released for dealing with unexpected […]
Read More UYO, Nigeria, May 26 (Reuters) – Nigeria’s “underdog” football squad need to play together and not as individuals, captain John Mikel Obi said, with the team acknowledging they face a tough group stage at the World Cup in Russia next month. “We have to make sure we play together as a team which is the […]
Read More YAOUNDE, May 26 (Reuters) – More than two dozen people have been killed in one of Cameroon’s Anglophone regions, local sources said on Saturday, although the exact circumstances of their deaths were not immediately clear. The incident in the town of Menka in Cameroon’s Northwest Region is one of the deadliest since armed secessionists from […]
Read More YAOUNDE, May 25 (Reuters) – A court in Cameroon on Friday convicted seven activists from the country’s Anglophone minority of rebellion and acts of terrorism and gave them sentences ranging from 10 to 15 years, a defence lawyer said. Authorities arrested Mancho Bibixy, a radio presenter in the English-speaking Northwest Region, and dozens of fellow […]
Read More LONDON, May 25 (Reuters) – Asian tenders continued to mop up some of the overhang of Nigerian crude from June on Friday though U.S. grades provided some competition. * Chevron offered some Angolan cargoes. It showed a cargo of Cabinda at dated Brent minus 40 cents a barrel and Nemba at dated Brent flat. * […]
Read More (Adds Shell comment) By Estelle Shirbon LONDON, May 24 (Reuters) – A British judge ruled on Thursday that Nigeria’s Bodo community, which has been involved in a protracted legal battle with Shell over the clean-up of two 2008 oil spills, should retain the option of litigation for another year. Lawyers for Bodo had accused Shell […]
Read More LONDON, May 24 (Reuters) – Spot trading in Angolan and Nigerian cargoes was dampened by a flurry of crude tenders and an upcoming long weekend in Britain, leaving differentials drifting slightly lower. India’s HPCL awarded its latest tender earlier in the week, but there were still results outstanding from Thailand’s PTT, Indonesia’s Pertamina and an […]
Read More May 24 (Reuters) – San Leon Energy PLC: * UPDATE ON DISPUTE WITH SUNTRUST OIL * PROVIDED WITH A COPY OF CORRESPONDENCE BETWEEN SUNTRUST OIL AND NIGERIAN DEPARTMENT OF PETROLEUM RESOURCES * CORRESPONDENCE ON REQUIREMENT FOR MINISTER TO CONSENT TO ANY ASSIGNMENT OF INTERESTS IN OIL AND GAS ASSETS IN NIGERIA * CORRESPONDENCE ON CONSENT […]
Read More LONDON, May 24 (Reuters) – A British judge ruled on Thursday that Nigeria’s Bodo community, which has been involved in a protracted legal battle with Shell over the clean-up of two 2008 oil spills, should retain the option of litigation for another year. Lawyers for Bodo had accused Shell of trying to kill off the […]
Read More LAGOS, May 24 (Reuters) – The currencies of Nigeria, Kenya, Uganda and Zambia are expected to come under pressure against the dollar next week while those of Ghana and Tanzania are expected to be steady. NIGERIA The Nigerian naira is seen under pressure as portfolio investors continue to exit local treasuries due to lower yields, […]
Read More * No purely military way to defeat groups – Steiner * UNDP wants more attention paid to rural areas * Remote areas need ways to address exclusion * Such action may have hidden long term benefits * Rise in number of states hit by terrorism-related deaths By Alister Doyle OSLO, May 24 (Reuters) – Remote […]
Read More May 24 (Reuters) – Bombardier Inc: * MEDVIEW AIRLINE LTD – ON MAY 15 BOARD RESOLVED TO ENGAGE IN LEASE PURCHASE OF TWO CRJ-900 BOMBARDIER AIRCRAFTS FOR LOCAL AND REGIONAL ROUTES * MEDVIEW AIRLINE – BOARD ALSO RESOLVED TO ALLOW AVMAX, A CANADIAN CORPORATE ENTITY INVEST IN MED-VIEW TO ENABLE IT TO ACQUIRE MORE FLEETS […]
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