INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c
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UK PARTNERS NIGERIA TO BOOST TRADE INVESTMENT. (PHOTOS). #PRESS RELEASE.

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 UK Partner Nigeria To Boost Trade, Investment 

                  


The UK has signed an Enhanced Trade and Investment Partnership ETIP with Nigeria to boost trade and investment between the two countries and unlock new opportunities for UK and Nigerian businesses. 


UK Secretary of State Kemi Badenoch signed the ETIP alongside her Nigerian counterpart Nigerian Trade Minister Doris Nkiruka Uzoka-Anite in Abuja. 


A statement by the British High Commission in Abuja explains that the Enhanced Trade and Investment Partnership ETIP is the first the UK signed with an African country and is designed to grow the UK and Nigeria’s already thriving trading relationship, which totalled 7 billion pounds. 


It states that the arrangement will pave the way for opportunities in sectors crucial to both economies such as finance and legal services as well as foster new collaborations in innovative areas like the creative industry. 


The visit by the Secretary of State comes a week ahead of a UK Government-led fashion and beauty trade delegation to Nigeria. 


More photos below. 









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