News & Analysis

“Institute Raises Concerns About Accountants’ Over-Reliance on AI, Highlighting Potential Dangers”

The Audit Committee Institute has issued a cautionary advisory to auditors and accountants regarding the adoption and reliance on Artificial Intelligence as a tool...

Banks might reassess customer loans due to the decline in the value of the naira.

The recent easing of foreign exchange regulations is expected to have a moderate effect on banks' Lending to Deposit Ratio, as per a report...

Diesel price soars to N950 per litre, prompting manufacturers to worry about potential shutdowns and job cuts.

Oil marketers have revealed that a combination of the foreign exchange crisis in Nigeria and the recent enforcement of a 7.5% Value Added Tax...

WEMA and Mastercard collaborate to offer specialized training to empower 10,000 women in small and medium enterprises (SMEs).

WEMA Bank has announced plans to empower 10,000 young women by providing them with support and training in various businesses and vocations. This initiative is...

Nigeria experiences a surge in inflation to 24.08% during July, as reported by the NBS.

Nigeria experienced a significant surge in headline inflation in July 2023, reaching 24.08%, according to the National Bureau of Statistics. This marks the most substantial...

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