March 15, 2020/NBS The Federation Account Allocation Committee (FAAC) disbursed the sum of N716.30bn to the three tiers of government in January 2020 from the revenue generated in December 2019. The amount disbursed comprised of N600.31bn from the Statutory Account, N114.81bn from Valued Added Tax (VAT), and N1.18bn Exchange Gain […]
Updates
Stanbic IBTC Facilitates Landmark Transactions For Lagos State, Nigerian Breweries PLC, Others
March 15, 2020/Mediacraft Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has facilitated various landmark transactions in the Nigerian financial market. The firm, through its subsidiaries, handled milestone deals for Nigerian Breweries Plc, Union Bank of Nigeria PLC, First Securities Discount House (FSDH) Merchant Bank and even the […]
SEC Staff Provides Guidance to Promote Continued Shareholder Engagement, Including at Virtual Annual Meetings, for Companies and Funds Affected by the Coronavirus Disease 2019 (COVID-19)
March 13, 2020/US SEC The Securities and Exchange Commission today announced that the SEC staff has published guidance to assist public companies, investment companies, shareholders, and other market participants affected by COVID-19 with their upcoming annual shareholder meetings. The guidance is designed to facilitate the ability of companies to hold […]
