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SEC to focus on climate disclosures in company filings - acting chief

The acting chair of the U.S. Securities and Exchange Commission (SEC) on Wednesday said the market regulator will review public companies' climate risk disclosures and begin to modernize climate guidance that is now more than a decade old.

Ban on cryptocurrency

The designated licensed financial institutions include all banks, finance houses and all other CBN licensed agencies operating customer accounts, while the implicated cryptocurrencies include Bitcoin, Ripples, Monero, Litecoin, Dogecoin, Etherum, Perfectmoney as well as the NairaEx, the trending exchange where the Naira is traded for the cryptocurrencies. The recent circular itself referred to an earlier one on the same subject dated January 12, 2017. Expectedly, the latest action by the apex bank has attracted a wave of reactions from several stakeholders in cryptocurrency transactions as well as other members of the public – the latter out of interest in the mystique associated with the cryptocurrency matter, given that it does not exist in a physical form.

Ahead Of IPO, Rakesh Jhunjhunwala-backed Nazara Tech Raises Rs 100 Crore In Funding

Ahead of IPO, Rakesh Jhunjhunwala-backed Nazara Tech raises Rs 100 crore in funding The gaming platform has invested Rs 300 crore in the last five years in the Indian gaming ecosystem. February 11, 2021 / 07:45 AM IST Gaming firm Nazara Technologies, which is backed by ace investor Rakesh Jhunjhunwala, has raised Rs 100 crore in funding from Instant Growth Ltd (IGL). The fund was raised just weeks after it filed its preliminary papers with markets regulator Securities and Exchanges Commission of India (Sebi) to float an initial public offering (IPO). The funds will be used towards forging alliances and acquisitions to further bolster its position in the gaming ecosystem as well as strengthening its gamified learning offerings, Nazara Chief Executive Officer (CEO) Manish Agarwal said.

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