Sat Mar 5 CHICAGO (Reuters) – The Securities and Exchange Commission is investigating Kraft Foods Inc for possible corruption at an Indian facility of its Cadbury unit, the company said in a regulatory filing. Kraft, the marker of Maxwell House coffee, Oscar Meyer lunchmeats and Velveeta cheese, received a subpoena from the […]

Madrid, 04 March 2011 IOSCO/MS/03/2011 The Technical Committee of the International Organization of Securities Commissions (IOSCO) has published the results of a survey on the implementation of its September 2009 recommendations with respect to securitisation and credit default swap markets – Task Force on Unregulated Markets and Products – Implementation […]

By Emeka Ezekiel, Abuja The World Bank has said that it will provide $83bn (N450bn) grant to Nigeria to enable the country finance its economic development plans. Specifically, the money will be invested in infrastructure development, Information and Communications Technology, job creation, health care delivery and agriculture, among others. The […]