Businessman’s widow gives back $7.2 billion for Madoff’s victims in biggest settlement yet Tom Hays and David B. Caruso, Associated Press, On Saturday December 18, 2010 NEW YORK (AP) — Many of Bernard Madoff’s victims who thought they lost everything could get at least half their money back after the widow […]
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Nigeria spending raises instability fears
By Tom Burgis in Lagos December 16 2010 Heavy election-season spending in Nigeria risks exposing sub-Saharan Africa’s biggest oil producer to economic instability and potentially a currency shock, senior officials and bankers have warned, as fears mount over the rapid depletion of foreign reserves.  Successive governments have all but […]
Capital market reforms will entrench transparency-Oteh
Ademola Alawiye Wednesday, 8 Dec 2010 The Director-General, Securities and Exchange Commission, Ms. Arunma Oteh, has said that the ongoing reforms in the capital market will entrench transparency and efficiency when completed. Oteh said this during a courtesy visit by the Attorney-General of the Federation and Minister of Justice, Mr. […]
