January 25, 2024/CSL Research A communique issued by the Federal Account Allocation Committee (FAAC) in January 2024 indicated that a total sum of N1.13trn was shared by the Federal Government, States and Local Government Councils. The total sum, which is 3.5% higher than the previous month’s distributable revenue of N1.09trn […]
Updates
Mastercard and The Clearing House Extend Partnership on Real-Time Payments
January 24, 2024/Mastercard Mastercard and The Clearing House (TCH) have announced an extended multi-year partnership, bringing the companies together to collaborate on innovative capabilities for consumers, businesses and governments to evolve and embrace the digital economy through real-time payments (RTP) adoption on the RTP® network. The partnership continues Mastercard’s role […]
SEC Adopts Rules to Enhance Investor Protections Relating to SPACs, Shell Companies, and Projections
January 24, 2024/US SEC The Securities and Exchange Commission today adopted new rules and amendments to enhance disclosures and provide additional investor protection in initial public offerings (IPOs) by special purpose acquisition companies (SPACs) and in subsequent business combination transactions between SPACs and target companies (de-SPAC transactions). SPAC IPOs and […]
