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 […]
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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 […]

