Representatives of the communities hosting AshakaCem Plc, yesterday, walked out of the venue of the Annual General Meeting of the company to protest the planned merger of the cement company and Lafarge Wapco. The communities based their grudges on the failure of the company to commence work on the expansion […]
Frauds & Scandals
Ex-Goldman director goes to prison, still owes $13.9 million fine
Former Goldman Sachs Group Inc (GS.N) director Rajat Gupta on Tuesday began serving his two-year prison term for insider trading, and lost his challenge to a $13.9 million civil penalty and permanent ban from acting as a public company officer. Gupta, 65, reported to FMC Devens, a medical facility and […]
Fire Razes NNPC’s Atlas Cove Depot Pipelines
The pipelines attached to the Atlas Cove Depot of the Pipelines and Petroleum Marketing Company (PPMC) went up in flames late Tuesday night after thieves attacked the lines to steal petroleum products. THEWILL however gathered that the fire did not the affect depot. Residents of Ilado, a suburb of Lagos, […]
