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DON'T MISS : Talking Africa New Podcast – Angola: Where did all the money go?

Nigeria

investigation

Shell, Eni and the Nigerian corruption quagmire of OPL 245

In its latest legal moves, the Nigerian government has raised the stakes in the legal battles over the highly prospective OPL 245 oil block. ... The Africa Report delves into the background of what could be one of the most important corporate fraud cases in Africa’s history.

Article 1/3 of "How Dan Etete’s billion-dollar deal ended up in court"

over the odds

Will Nigeria be forced to pay $9bn in damages to UK firm?

Nigeria faces a bill for $9bn in damages – payable to a company that has done a mere $40m worth of work in the country. ...

cash on delivery

Jumia chief executive denies short-seller Citron’s claims of fraud

African e-commerce platform Jumia will not need to restate any of its figures and the company stands by its IPO financial reporting in all material ... aspects, co-chief executive Sacha Poignonnec said in an interview with The Africa Report.

picket rage

Nigeria general strike targets labour minister Ngige

Nigeria's umbrella labour union body commenced a nationwide strike today ...

Amazon of Africa?

Jumia short-selling attack risks damaging African investment prospects

Jumia shares have been taking a pounding in New York since a report from short-seller Citron Research alleging that the stock is worthless. ...

Just the juice?

Five things you need to know before breakfast

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saved by africa

Airtel Africa lines up $1bn IPO in London, with strong institutional backing

The long-awaited London IPO of telecoms operator Airtel Africa, according to Bloomberg, is set to begin this month, with the target of a start ... of trading in June. The market appetite shown for Africa e-commerce company Jumia in its New York IPO in April suggests that the time is right.

politics and prayer

Ramadan heralds new probe for Nigeria’s Emir of Kano

The holy month of Ramadan began on a good and peaceful note for many Muslims around the world, but not for Sanusi Lamido Sanusi, the former Central ... Bank governor who is Emir of Kano, in northern Nigeria.

Brave New World

UK trade commissioner: ‘Post-Brexit Britain will be Africa’s Largest G7 investor’

The UK’s trade commissioner for Africa, Emma Wade-Smith, says Brexit is an opportunity not a threat, with Britain poised to improve on existing ... EU trade agreements and invest billions in African growth.

hard times

In Nigeria, 250,000 jobs and 19 firms hit by WEMPCO exit

News that the Chinese-owned Western Metal Products Company (WEMPCO) will exit Nigeria hit the wires last week, yet another victim of the economy ... contracting for five consecutive quarters between 2016 and 2017.

kidnappers paradise

In Nigeria, the rich also cry

Nigerians great and small are living through a kidnapping pandemic. ...

1 ...<3 456 7 >... 150

Just the juice?

Five things you need to know before breakfast

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