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Weatherford’s SEC Fraud Case

Summary The SEC claims WFT fabricated tax expense to help meet Wall Street earnings estimates. Plugged numbers led to a phantom income tax receivable of $461MM. WFT applied “Pepto Bismol” to reduce a 2010 tax liability. Will investor “Pepto Bismol” WFT when they learn it’s

Nigeria’s pioneer commodities exchange to commence operation

Nigeria’s pioneer agricultural commodities exchange will soon commence the export of farm produce to global markets, following a deal it signed recently with Camscorp, another commodities exchange firm based in the UK. Camscorp is one of the best trading UK commodities exchanges with operations across