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Nigeria: Man Stole $145M and pays fine to avoid serving prison term!

ABUJA, Nigeria (AP) — A man who formerly helped oversee Nigeria’s police pension program pleaded guilty Monday to stealing $145 million, but walked out of court a free man after agreeing to a plea bargain that saw him pay only a fraction of it back. The plea deal given to John Yakubu Yusufu and read out in court sparked immediate ...

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Ghana Made 4×4 Truck, Enterpreneur Ventures Into Commercial Production…..

Apostle Dr. Kwadwo Safo has started Airplane Manufacture……Keep the dream on! Ghanaian industrialist Apostle Dr. Kwadwo Safo is moving beyond the manufacturing of vehicles for exhibition purposes to commercial automobile production in an ambitious effort to venture into an industry dominated by global conomic giants like the USA, Japan, Germany, United Kingdom, France and Korea. From a current production level ...

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Kotoka International Airport Flooded

The arrival hall of the Kotoka International Airport in Accra was like a mini swimming pool on Saturday as the whole place was flooded by the Saturday evening rain that hit some parts of the capital. Arriving passengers and their waiting relations could not believe their eyes when leakages during the evening downpour rendered the arrival hall of the country’s ...

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Is Investing in Africa a Good Bet?

Many sub-Saharan countries have had sustained economic growth despite the global recession. But conflict, political instability and weather extremes in some areas may keep investors away. At the World Economic Forum in Davos, Switzerland, African leaders and others talked about what’s being done to make the continent more attractive to investors. From the start, those on the panel questioned the ...

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About billion women fall short of economic potential – UN

The United Nations (UN) said the world will lose from gender discrimination but acknowledged that countries with greater equality are more competitive and grow faster. It said about a billion women fall short of their potential economic contribution due to barriers in decision-making, labour markets, financial services, education and training, among other areas. The UN Women 2011-2012 report , made ...

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ECOWAS and USAID trade and food security conference to be held in Accra

The Economic Community of West African States, with technical and financial support from the United States Agency for International Development Agribusiness and Trade Promotion project, will host a trade and food security conference in Accra. The three-day conference on regional trade in locally produced food commodities is expected to begin on January 29-31. The conference which is on the theme: ...

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Charges Go Up By 30%

As market women in many parts of the country complained about low patronage during last year’s Christmas, the services of prostitutes seemed to have been on high demand, prompting a 30 percent increment in charges during the period. The 24th, 25th, 26th and 31st December could be dubbed “harvest days” for some prostitutes who plied their trade at popular whore ...

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