November 19, 2024/CSL Research Nigeria is on the brink of an unprecedented food crisis, with the number of food-insecure people projected to rise to 33 million by 2025, up from 25 million currently, according to the United Nations World Food Programme (WFP). This alarming increase is driven by record-breaking inflation, […]
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MTN Nigeria Raises N75.18Bn Via Commercial Paper Issuance
November 18, 2024/NGX MTN Nigeria Communications Plc has announced the successful completion of its Series 11 & 12 Commercial Paper (CP) issuance under its N250bn Commercial Paper Issuance Programme. Initially seeking to raise N50bn, the offering was oversubscribed by 150%, resulting in a total issuance of N75.18bn. This was disclosed […]
SEC Obtains Final Judgment Against Defendant for Receiving Kickbacks in Bribery Scheme
November 18, 2024/US SEC On November 15, 2024, the Securities and Exchange Commission obtained a final judgment against defendant Richard Brown for accepting kickbacks in an alleged scheme to defraud investors. The SEC’s complaint, filed in the Eastern District of New York on October 4, 2019, alleged that from approximately […]
