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Africa’s Insurance Industry Poised For Sustained Growth – PwC
PriceWaterhouseCoopers (PwC), the world’s leading research and consulting firm, has reported that opportunities for growth in Africa’s insurance industry remained huge despite recent economic and political uncertainty. The firm, through its survey report titled ‘Ready and Willing: African insurance industry poised for growth’ published today noted that the insurance industry had done well to adapt […]
CSOs Differ On Proposed Social Media Tax, As NASS Backs FIRS
Leading civil society organisations (CSOs) in the country have expressed divergent views on current moves by the Federal Inland Revenue Service (FIRS) to legalize collection of taxes on online businesses and social media organisations. Already, the revenue agency is seeking the consent of the National Assembly for further amendment of the just enacted 2021 Finance […]
AFC Issues $500Mn Eurobond For General Corporate Services
Africa Finance Corporation (AFC), Africa’s infrastructure financing organisation, has issued a $500 million 10-Year Eurobond for general corporate services. The Corporation in a statement indicated that the “senior, unsecured Eurobond, which carries a coupon of 3.75 percent, was priced to yield 3.895 percent for a tenor of 10 years, being the longest tenor bond issued […]