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Goldman Sachs Is Fined in the U.K.

      By DAVID ENRICH and BRETT PHILBIN, September 9, 2010   Goldman Sachs Group Inc. agreed to pay a fine of nearly £20 million ($31 million) to the United Kingdom’s Financial Services Authority and concede that the company made a mistake in regulatory disclosures about trader Fabrice Tourre, […]

Exchange sheds N108 billion in three trading days

  Thursday, 09 September 2010  By Helen Oji   INVESTORS continued to count their losses yesterday at the Nigerian capital market, as the prices of equities remained on the downward side. The constant downward trend in the market during the last three days of trading this week made the capitalisation […]

Actis pays $151m for Vlisco group

  By Agency Reporter   Thursday, 9 Sep 2010   Private equity investor, on Monday acquired the Vlisco Group, paying $151m for a 100 per cent control of the company.   A statement on Monday, signed by the Assistant Manager, Media, AfricapracticeR&B, Mr. Charles Urhoboghara, said that the company also […]