The Financial Reporting Council (FRC) has launched its investigation into two Big Four audits of logistics and transport company Eddie Stobart. The investigation includes KPMG’s audit for the year ending November 30, 2017, and PwC’s audit for the year ending 30 November 2018. Both investigations will be run under the FRC’s Audit Enforcement Procedure. The […]
As preparations intensify for the third edition of the Alaghodaro Summit, leading firms in Nigeria including Shell Nigeria, the Dangote Group, Nosark Group and KPMG, among others, will lead local and international businesses to this year’s summit. The 2019 Alaghodaro Summit is organised to mark Governor Godwin Obaseki’s third year anniversary and would host the […]
KPMG, one of the global big four professional services Firms, has appointed Kunle Elebute as the new Chairman for KPMG Africa, a position that he would take on in addition to his current role as the National Senior Partner (NSP) for them. Elebute brings outstanding client service and leadership credentials, alongside in-depth knowledge of the […]
Joy Ekeke KPMG has disclosed that Foreign Direct Investment, FDI, into the Nigeria digital space over the last year is almost $1 billion, with the most significant investments going to e-commerce and payment platform companies. Speaking during a press briefing on KPMG Digital Summit 2017 themed: “Leading through Digital,” in Lagos, Boye Ademola, Partner and […]
KPMG has disclosed that Foreign Direct Investment, FDI, into the Nigeria digital space over the last year is almost $1 billion, with the most significant investments going to e-commerce and payment platform companies. Speaking during a press briefing on KPMG Digital Summit 2017 themed: “Leading through Digital,” in Lagos, Boye Ademola, Partner and Lead, Digital […]
The world is now witnessing a paradigm shift in the balance of power from businesses operating as traditional value-chain models, to businesses modelled as digital platforms across key global markets, including US, China and UK. Today, the likelihood of being disrupted by a digital entrant is fast becoming a reality to many organisations, as only […]
A new KPMG report has disclosed that following the reported coming out of recession by Nigeria, Consumer Goods, Financial Services, Telecommunication, Media & Technology and Oil & Gas sectors are the most sort after sectors by foreign investors, saying these sector accounted for about 80 per cent of recent inbound investments into the country. The […]
The new management of Arik Airlines has appointed KPMG, world-class financial experts to undertake a forensic and diagnostic audit of the finances of the airline to ascertain the true status of its finances. According to the statement made available by the Asset Management Corporation of Nigeria AMCON, the review will among other objectives cover the position […]
The Nigerian Communications Commission (NCC) is considering introducing a new pricing regime for effective cost-based transmission cable pricing for the telecoms sector in the country. NCC aims to have full control of the market and protect smaller telecoms operators from dominant ones who take undue advantage of their small size to introduce arbitrary charges on […]