Prosecutors arrest five billionaires in Algeria’s anti-graft probe

Algeria’s wealthiest businessman and four other billionaires close to former president Abdelaziz Bouteflika, who quit over mass protests, have been arrested as part of an anti-graft investigation, state TV said on Monday. The five are Issad Rebrab, considered the richest businessman in the energy-rich north African nation, who is especially active in the food and… Read More Prosecutors arrest five billionaires in Algeria’s anti-graft probe

Nigerian engineering regulatory body COREN elects Mr Ali Rabiu as new president

Ali Rabiu, a former Vice President of the Nigerian Society of Engineers (NSE) has emerged as the new President of the Council for the Regulation of Engineering in Nigeria (COREN). A statement by Ojonugwa Haruna, the COREN Head of Public Relations, said Mr Rabiu was elected at an extraordinary council meeting of COREN. She said… Read More Nigerian engineering regulatory body COREN elects Mr Ali Rabiu as new president

Regulatory board shuts down 14 health facilities in Cross River

The Cross River Private Hospital Regulatory Board has shut down 14 health facilities in the state for medical quackery and substandard operations, the News Agency of Nigeria (NAN) has reported. The Chairman of the Board, Norbert Mogar, who disclosed this to the News Agency of Nigeria (NAN) on Monday in Calabar, said the facilities were… Read More Regulatory board shuts down 14 health facilities in Cross River

U.S. appeals court denies bail request of former intelligence analyst Chelsea Manning

A federal appeals court on Monday denied a request by former U.S. Army intelligence analyst Chelsea Manning to be released from jail on bail, and upheld a lower court’s decision to hold Manning in civil contempt for refusing to testify before a grand jury. The ruling marks a blow for Manning, who has been detained… Read More U.S. appeals court denies bail request of former intelligence analyst Chelsea Manning

U.S. asset firm Apollo acquires French retailer Casino in over $500million deal

French retailer Casino said on Monday it agreed to sell a portfolio of 12 Casino hypermarkets and 20 supermarkets to U.S. asset management firm Apollo Global Management in a deal worth up to 470 million euros (an equivalent of $529.03 million). Casino said the proposed transaction was to take place by the end of July,… Read More U.S. asset firm Apollo acquires French retailer Casino in over $500million deal

Sri Lanka invokes emergency law following Easter Day bomb attacks

Sri Lanka said on Monday it was invoking emergency powers in the aftermath of devastating bomb attacks on hotels and churches, blamed on militants with foreign links, in which 290 people were killed and nearly 500 wounded. The emergency law, which gives police and the military extensive powers to detain and interrogate suspects without court… Read More Sri Lanka invokes emergency law following Easter Day bomb attacks