One of the former most corrupt countries in the world suspends Europe's largest engineering conglomerate Siemens. This is front page news and well done to the Nigerian authorities for the action.

The Nigerian government cancelled a 128.4m naira ($1.1m; £532,683) contract with Siemens for the supply of circuit breakers and other power generation accessories on Wednesday.

Siemen's chairman and chief executive both quit over the scandal.