In Your Interest
December 24, 2020/Proshare by Proshare Research In a judgement given today by Justice R.M. Aikawa of the Federal High Court (FHC) sitting in Lagos in the case between Access Bank Plc vs Seplat Petroleum Development Company and others, the FHC upheld an earlier Mareva injunction by allowing Access Bank to hold onto […]
December 24, 2020/CBN The Central Bank of Nigeria (CBN) on Thursday announced the revocation of the operating licenses of Seven (7) Payment Services Providers. This was contained in an official gazette document published on the CBN website. The affected service providers were listed under schedule I of the gazette The […]
December 23, 2020/US SEC On December 23, 2020, the Securities and Exchange Commission filed a complaint against Ronnie Lee Moss, Jr. of Flower Mound, Texas, and Genesis E&P, Inc., Royal Oil, LLC, and Catalyst Operating, LCC, three companies Moss controlled, alleging they raised approximately $5.7 million by selling fraudulent oil-and-gas […]