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LBN News Digest: Shell Asks US Supreme Court to Bar Human-Rights Suit, Nigerian Politician Ibori Owns up to Corruption in UK Court, China Pledges Strong Support for Nigeria as Okonjo-Iweala Lures Investors


Shell Asks US Supreme Court to Bar Human-Rights SuitBusinessWeek
(Bloomberg) — Royal Dutch Shell Plc asked the US Supreme Court to rule that the companycan’t be sued by Nigerians seeking damages for torture and murders committed by their government in the early 1990s. The high court in Washington is considering 

Court skeptical about overseas corporate abuse suits
Washington Post
A majority of the Supreme Court on Tuesday seemed disinclined to allow human rights advocates to sue corporations in American courts over allegations that the companies might be complicit in atrocities committed overseas. About a dozen Nigerians charge 

Nestle Nigeria Plans to Focus on Leading Brands to Boost Sales
BusinessWeek
(Bloomberg) — Nestle Nigeria Plc, the country’s largest food company by market value, plans to spend more money on boosting output of its leading brands to increase sales in Africa’s most populous nation. The local unit of Nestle SA, 

China pledges strong support for Nigeria as Okonjo-Iweala lures investors
BusinessDay
“We will also see some openings up, the possibility of Chinese companies coming to set up factories in Nigeria and Nigerians manufacturing in China bring their work back home so that we can create jobs. We made some progress both the government, 

Nigeria president visits village near Chevron gas rig fire that has raged for 
CanadianBusiness.com
Andrew Fawthrop, the managing director of Chevron’s Nigerian subsidiary, said his companyplanned to begin work this week on improving the medical clinic serving Koluama 2. His short remarks during the meeting with Jonathan drew grumbles from an 

Nigerian politician owns up to corruption in UK court
BusinessLIVE
Among other crimes, Ibori admitted that he had conspired with others to pocket $37 million that should have gone into Delta State coffers from the sale of shares it owned in the telecoms companyV Mobile. Britain’s Department for International 

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Founded in 2007, Ladybrille® Magazine is a California based pioneer digital publication demystifying the image of Africans in the west through contemporary African fashion and celebrating the brilliant woman in business and leadership, with an emphasis on the African woman in the diaspora. Our coverage includes stories on capital, access to markets, expertise, hiring and retention, sales, marketing, and promotions.

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