Our website use cookies to improve and personalize your experience and to display advertisements (if any). Our website may also include cookies from third parties like Google Adsense, Google Analytics, and Youtube. By using the website, you consent to the use of cookies.

Disgraced Nigerian bank chief accused of hiding £543m in the UK

Disgraced Nigerian bank chief accused of hiding £543m in the UK

GODWIN Emefiele, the disgraced former chief executive of a Nigerian bank has been accused of concealing an astonishing £543 million in 593 bank accounts in the United Kingdom, as reported by The Times and other reputable sources. The startling revelation has triggered waves of concern and controversy, both in Nigeria and abroad. Emefiele allegedly funnelled massive sums of money through various complex financial networks, ultimately stashing away the staggering amount in the UK. The funds purportedly stem from dubious transactions and embezzlement within the Nigerian banking sector. This revelation has sparked outrage in Nigeria, with citizens expressing frustration and condemnation…
Read More
African fruits exports boom

African fruits exports boom

AFRICA is enjoying increased fruit exports to Europe, the United Kingdom and Asia, helping to fill a growing supply gap occasioned by low harvests in those markets, helped by increased production methods and yields across the continent. According to the EU Citrus Semi-Annual Report, the production of citrus fruits in Europe is expected to decrease by 10% in the 2022/23 season, with Spain experiencing the largest decline, and African producers are stepping in to fill the gap. The combined impact of insufficient spring rains, a warmer summer and drought experienced up to May 2023, the report said, have compromised the…
Read More
Ex-UK PM Brown accuses West of ‘moral outrage’ over COVID vaccine stockpiling

Ex-UK PM Brown accuses West of ‘moral outrage’ over COVID vaccine stockpiling

FORMER British prime minister Gordon Brown accused rich countries of committing a "moral outrage" by stockpiling COVID-19 doses while poor countries are struggling to get supplies. Brown, who is a United Nations special envoy, called on U.S. President Joe Biden and other Group of Seven leaders to urgently ship vaccines from warehouses in America and Europe to Africa. Western countries are hoarding nearly 300 million shots while only 70 million people in Africa have so far been vaccinated, Brown said in an opinion piece published in the Sunday Mirror newspaper, citing research by data firm Airfinity. By Christmas, the West…
Read More
UK fraud prosecutor closes KBR investigation

UK fraud prosecutor closes KBR investigation

KIRSTIN RIDLEY  BRITAIN's Serious Fraud Office (SFO) has closed its four-year bribery and corruption investigation into the UK subsidiaries of KBR Inc, a U.S.-listed engineering, procurement and construction company. The investigator and prosecutor said yesterday that it had not uncovered sufficient evidence to pursue the case. KBR said it was "pleased and supportive" of the decision, which followed similar announcements by the U.S. Department of Justice and Securities and Exchange Commission that put "a final conclusion to this matter". The closure of the case is the latest in a string of major investigations shut under SFO head Lisa Osofsky. Inquiries…
Read More
South African makes debut for Leicester City

South African makes debut for Leicester City

AFRICAN MIRROR REPORTER THERE were Nigerian and South African touches in British Premier League’s Leicester City’s 5-0 mauling of Sheffield United. Nigerian star forward Kelechi Iheanacho scored a stunning hat trick in the game and South African midfielder Khanya Leshabela made his debut for Leicester and made his first touch in one of the best football leagues in the world. The win saw Leicester move second in the British Premier League table.  SA soccer fans took to the social media networks to mark Leshabela’s historic moment and to heap praise on his manager Brandon Rogers. Leicester marked Leshabela’s debut by…
Read More
A divided United Kingdom exits EU orbit, heads into the Brexit unknown

A divided United Kingdom exits EU orbit, heads into the Brexit unknown

GUY FAULCONBRIDGE THE United Kingdom has exited the European Union's orbit, turning its back on a tempestuous 48-year liaison with the European project for an uncertain Brexit future that will shape the fortunes of its people for generations to come. Brexit, in essence, took place at the strike of midnight, when the United Kingdom left de-facto membership that continued after it formally left the bloc on January 31. For five years, the frenzied gyrations of the Brexit crisis have dominated European affairs, haunted the sterling markets and tarnished the United Kingdom's reputation as a confident pillar of Western economic and…
Read More