NewsWest Africa

Sat,02Jul2016

West Africa

Former Nigerian ministers charged with laundering 4.9 bn naira

Nenadi Usman. Photo©Tim Chong/ReutersTwo former Nigerian ministers have been charged with theft of over 4.9 billion naira ($17.4 million) of government funds and money laundering, the financial crimes agency said on Tuesday.

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Nigeria signs $80 bn of oil, gas infrastructure deals with China

Oil minister Emmanuel Ibe Kachikwu, also head Nigerian National Petroleum Corporation (NNPC). Photo©Ronald Zak/AP/SIPANigeria has signed oil and gas infrastructure agreements worth $80 billion with Chinese companies, the West African country's state oil company said on Thursday.

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Telecoms: How MTN sliced billions off its Nigerian telecoms fine

A worker walks past an outlet of South Africa's MTN Group in Johannesburg, South Africa, February 23, 2016. Reuters/Siphiwe SibekoTelecoms firm MTN hired former U.S. Attorney General Eric Holder in January to help it reduce a $3.9 billion fine imposed in Nigeria over unregistered SIM cards. Five months later, it struck a deal to pay less than half of that.

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As Northern Nigeria begins to rebuild

A man holds a cow at the cattle market in Maiduguri; thousands of farmers were displaced by the insurgency. Photo©Afolabi Sotunde/ReutersThe reconstruction needs for regions affected by Boko Haram are huge. The government and donors are beginning to mobilise funds, but improving security, relaunching economies and fostering justice and reconciliation are proving challenging.

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Boko Haram kills at least 15 in Cameroon

Cameroon soldiers stand guard at a lookout post as they take part in operations against the Islamic extremists group Boko HaramBoko Haram has claimed responsibly for a suicide bombing in northern Cameroon that killed at least 15 people and wounded dozens more.

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Ghana power utility clamps down on debtors, illegal connections

File Photo©ReutersGhana's main electricity distributor has started disconnecting power to thousands of people and institutions that were connected to the grid illegally as at seeks to recover millions of dollars lost through illegal connections and from other debtors.

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