NewsWest Africa

Sat,22Sep2018

West Africa

Glencore gets U.S. subpoena on compliance with money-laundering laws

April 14, 2011 file picture of the Glencore headquarters in Baar, Switzerlan- PHOTO: Urs Flueeler/AP/SIPAU.S. authorities have demanded the U.S. arm of Glencore Plc hand over documents relating to its business in Nigeria, the Democratic Republic of Congo and Venezuela, sending shares in the parent company down more than 10 percent.

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Lagos: The taxman cometh

 

Sven Torfinn/Panos-REATo be a genuine global metropolis, Nigeria’s economic hub needs to start finding well-heeled sources of tax revenue and roll out more public services for everyone

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Ngozi Okonjo-Iweala, Former finance minister, Nigeria

Ngozi Okonjo-Iweala attends a panel session at the 44. Annual Meeting of the World Economic Forum, WEF, in Davos, Switzerland, Jan. 24, 2014. Photo: Jean-christophe Bott/AP/SIPAOkonjo-Iweala talks to The Africa Report about taxation, debt, the challenges of public office, and the content of her latest book, Fighting Corruption is Dangerous

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Betting firms gamble on soccer-mad Nigeria after fintec boost

Nigerian player's from left, goalkeeper Francis Uzoho, William Ekong and Onyinye Ndidi celebrate after their 2-0 win over Iceland in a D match at the 2018 soccer World Cup in Russia, June 22, 2018. Photo: Darko Vojinovic/AP/SIPANigeria, Africa's most populous country, has a booming betting industry, the growth of which in the last few years has largely been driven by the emergence of local fintec firms offering a range of payment options that enable customers to place bets online.

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Ghana: People to watch

Freda Duplan, NestleThe business leaders who are ahead of the curve in Ghana

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Nigeria's President Buhari signs off on record 2018 budget

Nigerian President Muhammadu Buhari speaks during a news conference with President Donald Trump in the Rose Garden of the White House in Washington, Monday, April 30, 2018. Photo: Carolyn Kaster/AP/SIPANigeria's president signed a record 9.12 trillion-naira ($29 billion) budget for 2018 into law on Wednesday but said he would use a supplementary spending plan to seek changes, creating uncertainty about the final details of his growth strategy.

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