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Dangote’s N93b Ibeshe Cement Plant to be inaugurated in June

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 […]

SEC may take administrative route in insider cases

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 […]

12 banks failed CBN’s audit in 2010

Lagos, Odidison Omankhanlen   10 rescued banks for acquisition in coming days- Sanusi   The H1 2010 Economic Report   Despite the various regulatory interventions put in place by the Central Bank of Nigeria (CBN) to put the banking sector on a sound footing, 12 banks in the country still […]