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AFC, SMDF Partner To De-risk Investment In Nigeria’s Mining Sector

Africa Finance Corporation (AFC), the continent’s leading infrastructure provider, and the Solid Minerals Development Fund of Nigeria (SMDF), a Nigerian mining-focused development fund, have partnered aimed at de-risking Nigeria’s mining sector and scaling up artisanal mining activities in the country to an industrial level. The strategic collaboration, which was formalized on Tuesday at the sidelines […]

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PwC Charts Growth Roadmap For Corporate Leaders Amid Whirlwinds

PricewaterhouseCoopers (PwC), one of the global leading global economic research and consulting firms, has set three key operational areas for corporate managers in the country to focus on to enable them cope with the current fiscal and monetary whirlwinds and position their entities on the path of growth and improved returns on investments. The research […]

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PwC Appoints Abu As New Senior Regional Partner

Leading professional services firm, PwC has announced the appointment of Sam Abu as the Regional Senior Partner for the West Market Area and Country Senior Partner for PwC Nigeria, with effect from 1 July 2023. With this appointment, Sam joins the PwC Africa Leadership Team (ALT). As a member of the ALT, he will help set […]

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Africa Requires $2.6Trn To Tackle Energy Poverty

A new report by PriceWaterhouseCoopers (PwC), a global accountancy and auditing consulting firm, has estimated that Africa will require about $2.6 trillion to drive energy transition and bridge its widening energy gap over the next 30 years. The firm, in its latest ‘Africa Energy Review 2022’, indicated that the continent was not likely to achieve […]

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PwC Fined £1.75m Over BT Audit After Fraud In Italy

Britain’s accounting watchdog, Financial Reporting Council (FRC) on Monday slammed £1.75m fine on auditor PwC after it failed to properly challenge UK telecoms group, BT, once a half-a-billion pound fraud was discovered in BT’s Italian operations. A news report by Irish Times quoted the Council as saying that that BT’s full-year financial statement for the […]

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SEC Restates Commitment To Technology-Powered Capital Market

The Securities and Exchange Commission (SEC) Nigeria has restated its commitment to ensuring that technology continues to play a major role in its sustained and other stakeholders’ collaborative initiatives to ensure that the nation’s capital market attains its full potential. The commission’s Director General, Mr. Lamido Yuguda, made this promise during a meeting at the […]

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Andersen Flaws FIRS On MultiChoice Nigeria’s Tax Liability Computation

Andersen Tax Nigeria, one of the Nigeria’s leading tax and business advisory companies, has queried how the Federal Inland Revenue Service (FIRS) arrived at the N1.8 trillion tax notice it served on MultiChoice Nigeria, warning that the current dispute between the tax agency and company over the tax figures could hurt the reputation of both […]