News West Africa

Sat,29Nov2014

West Africa

Lobbyists: Who's who in image consultancy

Lobbyists, consultants and advisers, these top 10 UK and US firms all have a finger in the African pie.

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Lobbying in Africa: Nightmare on K street

In November, a small army of earnest-looking Americans and Britons clutching an array of mobile phones and tablets will invade Abuja, Nigeria's capital. They are the rockstars of political spin, and they will earn hundreds of thousands of dollars for their services over the next few months.

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Nigeria: Lawmakers want Shell to pay $4bn for 2011 oil spill

The decision taken by Nigeria's parliament is non-binding. Photo©ReutersNigeria's National Assembly said on Wednesday oil major Shell should pay $3.96 billion for a 2011 spill at its offshore Bonga oilfield in the latest assessment of damage to the environment.

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Gambia's crackdown against homosexuals condemned

Yahya Jammeh says gay rights are a threat to humanity, and described homosexuals as vermin. Photo©ReutersA top United Nations (UN) envoy has urged The Gambia to stop State sponsored attacks against homosexuals after members of the presidential guard reportedly tortured suspected gays in a bid to extract confessions.

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Nigeria bourse aims to offer derivatives by 2016

Photo©ReutersThe Nigerian Stock Exchange plans to start allowing trading by 2016 of derivatives such as futures and options in interest rates, currencies and equity indexes, its chief executive said.

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Nigeria's currency devalued by 8 percent amid oil price slump

Photo©ReutersNigeria's central bank devalued the naira by 8 percent and raised interest rates sharply on Tuesday, as it sought to stem losses to its foreign reserves from defending the currency against weaker oil prices.

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