OPEC, Russia Deal Raises Hope For Crude Oil         A fresh hope for oil producing countries such as Nigeria, and Algeria was raised at the weekend as oil prices hit the highest level since early March after major producers agreed to a cautious increase in output...

CACOVID Began distribution of Palliatives to state Govts in June …Targets 10 million poor families in 774 LG Members of the private sector-led coalition against COVID-19 (CACOVID) has enjoined Nigerian who are involved in the wanton destruction of Public and Private properties and even looting of...

KPMG To FG: Deduct At Source, Pay MDAs Electricity Bills Directly To DISCOs        The Federal Government has been advised to consider a direct deduction of the electricity bills of Ministries, Departments and Agencies (MDAs) and paying them directly to the electricity Distribution Companies, DISCOs, to...

Tax Dispute: MTN Engages KPMG To Tackle FIRS MTN has engaged the services of the KPMG to handle the demand for the payment of tax on the N330bn ($1.1bn) fine it paid to the government, investigation has shown. The company had confirmed having a technical disagreement...

KPMG Business Survey Highlights Forex Risk In Nigeria     A survey of 94 executives of multinationals, large sized public and private companies across various industries that was conducted by KPMG Nigeria has ranked foreign exchange (forex) risk as the highest hurdle that might impact organisations over...

US SEC Sanctions KPMG, Deloitte for Poor Audit The top United States securities regulator, Securities and Exchange Commission(SEC) has charged foreign affiliates of three major accounting firms – KPMG, Deloitte & Touche and BDO – for conducting audits without proper oversight from the Public Company...