August 15, 2023/Seplat Energy Plc Seplat Energy regrets to announce a serious incident on the Depthwise swamp drilling rig “Majestic” in the early hours of this morning. Seplat as the operator of the SEPLAT/NNPCL joint venture contracted the rig. It was in-transit to its planned drilling location at Ovhor in […]
Frauds & Scandals
FBN Holdings Files Appeal Against FHC Decision to Grant an Ex-parte Order to Proceed with AGM as Scheduled
August 15, 2023/NGX In accordance with Nigerian Exchange Limited (Rulebook), and further to our announcement on August 10, 2023, that the Company was yet to be served with any Court Order, we hereby notify the Public and our Stakeholders that FBN Holdings Plc (‘the Company”) was served with an ex […]
SEC Charges UK Audit Firm, CEO, and Senior Auditor for Failures in Connection with De-SPAC Transaction
August 14, 2023/US SEC The Securities and Exchange Commission today charged Crowe U.K. LLP, a London based audit firm, its CEO, Nigel Bostock, and senior auditor, Matthew Stallabrass, for the firm’s deficient audit of music streaming company Akazoo Limited. Crowe U.K., Bostock, and Stallabrass have agreed to settle the SEC’s […]
