September 30, 2016/Reuters (Adds detail on how coal is used in cement production and BUA Group comment on its cement plants) Nigeria’s Dangote Cement has turned to locally-mined coal to fire its cement plants because of gas shortages due to militant attacks on Nigerian facilities and to lower its production […]
Updates
SEC Fines Gaming Company $0.5m For Retaliating Against Whistleblower
Culled–Proshare September 30, 2016 The US Securities and Exchange Commission yesterday announced that casino-gaming company International Game Technology (IGT) has agreed to pay a half-million dollar penalty for firing an employee with several years of positive performance reviews because he reported to senior management and the SEC that the company’s […]
DMO Issuance Institutionally Supported
Culled—Proshare September 30, 2016/FBNQuest Research The DMO has released its provisional issuance calendar for Q4 2016. It looks to raise between N250bn (US$820m) and N340bn (US$1.11bn) from the sale of FGN bonds over the three monthly auctions. In line with established and best practice, issuance again slows in the fourth […]
