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Goldman paying $550M to settle civil fraud charges

  High-profile case resolved with Goldman Sachs paying $550M to settle SEC fraud charges   Marcy Gordon and Daniel Wagner, AP Business Writers, On Friday July 16, 2010, 12:04 am EDT WASHINGTON (AP) — Resolving a high-profile government case linked to the mortgage meltdown, Goldman Sachs & Co. has agreed […]

FG’s 7% growth report questioned

  FRIDAY, 16 JULY 2010 01:21 BLESSING ANARO     The report by the National Bureau for Statistics (NBS) that the economy grew by 7.2 percent in the first quarter of 2010 is raising eyebrows among experts who say it is illogical for the economy to have grown by such magnitude […]

African Paints records N51 million turnover

  FRIDAY, 16 JULY 2010  BY HELEN OJI   has achieved a turnover of N51 million its 2009 operators, as against N42 million recorded in 2008 while the company’s gross profit grew from N7.5 million to N9.5 million during the year under review.   Addressing shareholders during the 33rd yearly […]