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KPMG accused of giving UK regulator false, misleading data

The UK’s accounting watchdog filed a disciplinary complaint against KPMG LLP, a former partner and current and former employees of the accounting firm over past audits of two UK companies. KPMG and the individuals cited provided “false and misleading...

Lagos Land Bureau digitalises | Radarr Africa

The Permanent Secretary, Lagos State Lands Bureau, Bode Agoro, has said the agency is digitalising. He spoke during the investiture of the 27th Chairman of the Nigeria Institution of Estate Surveyors & Valuers (NIESV), Lagos State Chapter, Olabisi Demola­...

ICPC recovers N53billion from real estate developer

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it has recovered N53 billion from a real estate developer for the Federal Mortgage Bank of Nigeria (FMBN). ICPC’s chairman, spokesperson, Azuka Ogugua, quoted the chairman of the...

Moghalu, Utomi, others chart path for education funding

A former Deputy Governor of the Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu; economy economist, Prof. Pat Utomi, erstwhile director-general of the National Electricity Regulation Commission (NERC), Sam Amadi and others, yesterday, took turns to review Nigeria’s...

Minister affirms renewed investor confidence in economy

Minister of Industry, Trade and Investment, Adeniyi Adebayo, yesterday, affirmed the resilience of Nigeria’s economy, noting that business owners are making various commitments to invest in the country.Adeniyi spoke at the diplomatic luncheon of the Nigerian Association of...

MTN unit’s rally gives Ghana best-performing stocks in Africa

Shares of MTN Group’s Ghanaian unit have almost doubled this year, helping the nation’s main stock index become Africa’s best-performing equity benchmark. Scancom Plc, which accounts for about a quarter of the Ghana Stock Exchange Composite Index, has surged...

Dollar crunch turns Nigerian banks into Africa’s cheapest stocks

Nigerian banks are some of the cheapest stocks in Africa, more evidence of how a shortage of dollars in the continent’s largest economy is discouraging foreign investors. Four of the five African stocks with the lowest price-earnings ratios among...

LoftyInc Capital launches third fund at $10M for tech startups in Africa

LoftyInc a pan-African VC firm, announced today that it is launching its third fund — LoftyInc Afropreneurs Fund 3 — at $10 million for tech startups in Africa. The firm has reached the first close of $5.5 million. Some...

Nigeria’s GDP Growth Stunted By Insecurity – Minister

The finance minister says insecurity and other factors slowed growth in the agriculture sector, thereby denying the economy a stronger growth rate. Nigeria’s latest impressive economic growth would have been better if the country had been more secure, the...

EU seek to stop mass Afghanistan migration

(Reuters) – European Union interior ministers will say on Tuesday that they are determined to act to prevent more “uncontrolled large-scale illegal migration movements” from Afghanistan, according to a draft statement seen by Reuters. Ministers will gather for an...
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ASR Africa supports the Edo State Government with N2.5 Billion Grant For Health Development

  The Abdul Samad Rabiu Africa Initiative (ASR Africa) – brainchild of Industrialist, philanthropist and founder of BUA Group, Abdul...
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