In spite of the Federal Government’s N300 billion Intervention Fund, the aviation sector has remained unattractive to most Nigerian banks, as loan requests by major operators are hardly considered. Airlines, which are the major beneficiaries of the government’s funds, are also the worst hit by the current banks’ apathy to […]

In furtherance of efforts aimed at bringing down the soaring cement price before year’s end, the Dangote Group, owners of Ibeshe Cement Plant in Ogun State, has hinted that the multi-billion-naira plant will be ready for commissioning in June, this year. Deputy Director (Projects), in charge of the plant Ved […]

By Carlyn Kolker NEW YORK, March 7 (Reuters Legal) – When the Securities and Exchange Commission brought charges against former Goldman Sachs director Rajat Gupta in an administrative proceeding — rather than in federal court — it signaled a possible new front in the SEC’s pursuit of insider-trading cases. The […]