Updates

Intraday Update: Nigerian Stocks Inch Up +0.09%, Driven by Blue Chips

June 21, 2024/InvestmentOne Update ASI as at 12.00pm: +0.09%  Top Gainers and Losers: CADBURY (+10.00%), THOMASWY (+9.95%), CUTIX (-8.75%) and RTBRISCOE (-7.46%).  Sector Performances: Banking (+0.30%), Consumer Goods (+0.19%), Industrial (-0.01%) and Oil & Gas.  Market activity: In today’s trade, total volume and value decreased by 39% and 49% respectively, when compared to this time […]

Selective Disclosure of Information Regarding Cybersecurity Incidents

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 […]

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 […]