March 7, 2025/InvestmentOne Report notably the transformative acquisition of Mobil Producing Nigeria Unlimited (MPNU), now Seplat Energy Producing Nigeria Unlimited (SEPNU). Total revenue for FY:2024 increased significantly by 136.99% to NGN1.65trn from NGN696.90bn in FY:2023, driven by higher oil production volumes and contributions from the newly integrated SEPNU assets. Excluding […]
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Dangote Group Pays N402.3Bn Tax to Government in 2024
March 6, 2025/Dangote Group The Pan African Conglomerate Dangote Industries Limited, (Dangote Group), and its subsidiaries has disclosed that it paid over N402 billion in taxes in 2024, making it the highest taxpayer in the country. Dangote’s Chief Branding and Communication Officer, Anthony Chiejina, declared during a meeting with some […]
SEC Obtains Final Judgment Against Pennsylvania Man for His Fraudulent “Free-Riding” Scheme
March 6, 2025/US SEC On March 6, 2025, the Securities and Exchange Commission obtained a final judgment against Rey D. Acosta of Shenandoah, Pennsylvania, who was charged with conducting a fraudulent “free-riding” scheme in which he attempted to profit by purchasing and selling stocks without having sufficient funds to pay […]
