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Equatorial Guinea

Malabo Gas Summit: Algeria, Equatorial Guinea sign Cooperation Agreement

Algeria

Algeria and Equatorial Guinea has signed a cooperation agreement for the development of their Gas sector. The signing ceremony took place during the 5th Summit of the Gas Exporting Countries Forum, in Malabo, Equatorial Guinea. Equatorial Guinea is currently developing its Gas Mega hub project which aims to make the country a regional hub for […]

Buhari receives Special Envoy of President of Equatorial Guinea

Equatorial Guinea

President Muhammadu Buhari, on Tuesday, hosted the Special Envoy of the President of Equatorial Guinea, Nguema Mbasogo, at the State House, Abuja. This was contained in a statement issued by Mr Femi Adesina, the President’s spokesman, in Abuja. The statement said the Special Envoy and Minister of Mines and Hydrocarbons, Gabriel Lima, had brought a […]

See photos of luxurious cars seized from African politician, auctioned in Switzerland

A fleet of luxurious cars owned by the vice president of Equatorial Guinea, Teodoro Nguema Obiang Manguer, which were seized by the Swiss authorities as part of a money-laundering investigation and corruption probe, was auctioned on Sunday in Switzerland. CNN reports that the sale was organized by London-based auction house Bonhams and all the cars […]

FG secures release of detained Nigerian crew, vessel in Equatorial Guinea Inbox

FG

Joseph Inokotong Succour has come the way of the Nigerian-flagged vessel, MV CHARIS, which was attacked by unknown assailants on May 5 and subsequently rescued by the Spanish Navy and handed over to Equatorial Guinea, as the ship has been released. In a statement issued by Isichei Osamgbi, Head, Corporate Communications, NIMASA, he explained that […]

Pro-Buhari group berates PDP over claims on June 12, says good governance alien to party’s culture

Patrick Okohue The Buhari Media Organisation (BMO) has accused the Peoples Democratic Party (PDP) of embarking on a fruitless ego trip with its criticism of the Federal Government’s decision to schedule some inauguration Day ceremonies for June 12, 2019. The group described the opposition party as mischievous for suggesting that President Muhammadu Buhari would be […]

Lessons in French recovery of assets plundered from Equatorial Guinea

National wealth from Equatorial Guinea has been in the news lately, with the conviction in France (on 26 October 2017) of Teodorin Obiang, the Vice-President and eldest son of the incumbent President of Equatorial Guinea, Teodoro Obiang Nguema Mbasogo, for corruption, money laundering and abuse of trust involving more than €150 million (US$174 million) belonging […]

Lessons in French recovery of assets plundered from Equatorial Guinea

conviction

National wealth from Equatorial Guinea has been in the news lately, with the conviction in France (on 26 October 2017) of Teodorin Obiang, the Vice-President and eldest son of the incumbent President of Equatorial Guinea, Teodoro Obiang Nguema Mbasogo, for corruption, money laundering and abuse of trust involving more than €150 million (US$174 million) belonging […]

Lessons in French recovery of assets plundered from Equatorial Guinea

National wealth from Equatorial Guinea has been in the news lately, with the conviction in France (on 26 October 2017) of Teodorin Obiang, the Vice-President and eldest son of the incumbent President of Equatorial Guinea, Teodoro Obiang Nguema Mbasogo, for corruption, money laundering and abuse of trust involving more than €150 million (US$174 million) belonging […]

OPEC daily basket price depletes to $59.90

Simon Ugwu with Agency

The price of Organisation of Petroleum Exporting Countries’, OPEC’s, basket of fourteen crudes stood at US$59.90 a barrel on Friday, November 17, 2017, compared with $59.98 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes is made up of the following: Murban (UAE), Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), […]

Equatorial Guinea Graduates First Class of Air Traffic Controllers

The government of Equatorial Guinea graduated its first class of air traffic controllers in Madrid last week. Eight new professional air traffic controllers received diplomas after completing a 13-month course conducted by Services and Studies for Air Navigation and Aeronautical Safety (SENASA), a subordinate company of Spain’s Ministry of Development. The controllers received training on […]