June 20, 2024/US SEC Erik Gerding Director, Division of Corporation Finance [*]Last year, the Commission adopted rules requiring public companies to disclose material cybersecurity incidents under Item 1.05 of Form 8-K.[1] Since then, staff in the Division of Corporation Finance have heard assertions that those rules may preclude a company […]
Updates
Nigeria: TotalEnergies Launches the Ubeta Gas Development to Supply Nigeria LNG Liquefaction Plant
June 20, 2024/Caritas PR TotalEnergies, operator of OML 58 onshore license in Nigeria with a 40% interest, together with the Nigerian National Petroleum Corporation Ltd (NNPCL, 60%), have taken the Final Investment Decision (FID) for the development of the Ubeta gas field. Located about 80 km northwest of Port Harcourt […]
Intraday Update: Nigerian Stocks Inch Up +0.01%, Buoyed by Blue-Chips
June 20, 2024/InvestmentOne Update ASI as at 12.00pm: +0.01% Top Gainers and Losers: CHAMPION (+9.88%), VERITASKAP (+9.88%), INTENEGINS (-8.86%) and REGALINS (-8.51%). Sector Performances: Industrial (+0.02%), Consumer Goods (+0.01%), Banking (-0.21%) and Oil & Gas. Market activity: In today’s trade, total volume and value increased by 347% and 902% respectively, when compared to this time […]
