Liberia’s Indicted MD Matilda Parker Entered Non Guilty Plea

MONROVIA—Both the indicted former Managing Director of the National Port Authority (NPA) Matilda Wokie Parker and Comptroller Christina Kpabar Paelay threw out a challenge to state prosecutor on Thursday when they denied all charges against them. Parker dressed in yellow African attire with black spot and a black head-tie while Paelay in white suit worn since the trial begun on November 10, 2015 stood before the court with right hands up while the clerk read the volume of indictment against them. Following the reading of the indictment by the clerk…

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Ebola return to Liberia

Monrovia – Liberia’s health ministry on Friday confirmed three Ebola cases, some two months after the country was declared for a second time as Ebola free. “Currently, we have three confirmed cases,” Health Minister Bernice Dahn told a news conference. “It all started on Thursday, November 19, when we received a report from one of our reference laboratories that a blood sample from a live patient tested positive for Ebola,” she said. The patient, a 10-year-old boy, was in hospital in the capital Monrovia with symptoms including fever, weakness and…

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Nigeria central bank tells 3 banks to recapitalise by June

By Chijioke Ohuocha Nov 20 Nigeria’s central bank has given three commercial banks until June 2016 to recapitalise after they failed to hit a minimum capital adequacy rate of 10 percent, it said in a report on its website. The central bank did not name the banks but said they were from the group of 14 in Africa’s biggest economy that have licenses to operate as regional and national lenders, with respective capital bases of 10 billion naira ($50 million) and 25 billion naira. With a number of Nigerian banks…

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