A group of prospective investors and shareholders in Mainstreet Bank have protested the time frame provided for submission of expression of interest for the acquisition of the bank. A copy of the protest letter addressed to the Asset Management Corporation of Nigeria (AMCON), a copy seen by Daily Trust yesterday, […]

Goldman Sachs Friday said that regulators have initiated probes into its international hiring practices and its high-speed trading operations. Goldman said the hiring probe was tied to the bank’s compliance with the US Foreign Corrupt Practices Act, which bars firms from bribing foreign officials. The disclosure, contained in a quarterly […]

The Federal Government  has appointed  forensic auditors to carry out a detailed investigation  into the activities of the Nigerian National Petroleum Corporation. The Minister of Finance, Dr. Ngozi Okonjo-Iweala, disclosed this  during a debate at the 24th edition of the World Economic Forum for Africa. The forum with theme, “Forging […]