Lagos, Nigeria (PANA) – Nigeria’s President Muhammadu Buhari has vowed that his administration would trace the accounts of individuals who stashed away ill-gotten oil money, freeze and recover the loot and prosecute the culprits. President Buhari made the vow Tuesday … Read More
Yaounde, Cameroon (PANA) – A former Cameroonian Minister of Public Works, Dieudonné Ambassa Zang, was on Thursday sentenced to life in prison after being convicted for the embezzlement of 5.820 billion FCFA. The Special Criminal Court also sentenced one of … Read More
Cape Town, South Africa (PANA) – The “insidious cancer of corruption” is the biggest threat facing South Africa’s democracy, according to Cape Town’s Anglican Archbishop Thabo Makgoba. Delivering the Beyers Naude Memorial Lecture at the Nelson Mandela Metropolitan University Monday … Read More
Abuja, Nigeria (PANA) – Nigeria’s President Goodluck Jonathan has said there is no basis to rank him as the sixth richest African President and demanded an immediate retraction of the story that contained the ranking. The website ‘RichestLifestyle.com’ had published … Read More
Zambia’s Minister of Labour Fackson Shamenda Lusaka, Zambia (PANA) – Dangote Industries Zambia Limited (DIZ), a Nigerian firm operating in Zambia, has denied allegations by Zambia’s Minister of Labour Fackson Shamenda that the company’s Human Resources Manager Bala Zango attempted … Read More
Lagos, Nigeria (PANA) – Nigeria’s secret police barred, on Saturday night, the suspended Governor of the Central Bank of Nigeria (CBN), Mr. Mallam Sanusi Lamido Sanusi, from traveling abroad, saying it was acting on instructions from above. Mr. Sanusi, who was suspended … Read More
Abuja, Nigeria (PANA) – Nigeria’s embattled Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, secured, on Monday, a court injunction ordering the Nigerian House of Representatives to discontinue its investigation into how she allegedly paid over 10 billion naira of government funds in … Read More
Pretoria, South Africa (PANA) – With just five weeks to South Africa’s general elections, tensions are sky-high between the ruling African National Congress (ANC) and the official opposition Democratic Alliance (DA) over the latest scandal involving President Jacob Zuma. Both … Read More
Blantyre, Malawi (PANA) – A British-funded forensic audit into the massive plunder of the Malawi government coffers has uncovered that over 13 billion Malawi kwacha (over US$ 30 million) was looted by politicians, business persons and civil servants. The audit, … Read More
Dr. Sarah Alade Lagos, Nigeria (PANA) – The new acting Governor of the Central Bank of Nigeria (CBN), Dr. Sarah Alade, Friday assumed duty with an assurance to the International Community that the recent changes in the leadership of the … Read More
President Goodluck Jonathan Abuja, Nigeria (PANA) – The Nigerian government moved to calm nerves over the suspension of Malam Sanusi Lamido Sanusi as the Governor of the Central Bank of Nigeria (CBN), reassuring stakeholders in the Nigerian economy that the … Read More
New York, US (PANA) – Nigerian scholar, author and journalist Wale Adebanwi’s book on the country’s anti-graft war has been named among the ‘Best Books of 2013 on Africa’ by Foreign Affairs, the leading journal on US foreign policy and … Read More
