Wednesday, September 11, 2024

Glencore

April 26, 2024

International investor hails Nigeria’s mining sector reforms

Glencore, a Swiss multinational commodity trading and mining company, has lauded the federal government over its reforms in the mining sector.

Dele Alake, Gary Nagle and others
March 13, 2024

AfDB wants end to crude oil, lithium, other natural resources exchange loans for African countries

“These are the reasons I say Africa should put an end to natural resource-backed loans,” Mr Adesina said. 

AfDB
November 3, 2022

Glencore used private jets to fly multimillion-dollar cash bribes to NNPC in Nigeria: UK Govt

Glencore Energy UK Ltd. may be sentenced on Thursday after the judge considers the injury Glencore acknowledged as well as other elements like the degree of the company’s guilt.

Glencore/NNPC
May 26, 2022

Energy giant Glencore pleads guilty to bribing NNPC officials $52 million; agrees to pay $1.1 billion fine to U.S. Govt

The Swiss commodities multinational also admitted sharp practices to gain business advantage in Cameroon, Equatorial Guinea, Côte d’Ivoire, among other countries.